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Best Family Christmas Gift
In November, Dillard’s Inc. announced that its board of directors approved a special dividend of $15 per share on the Class A and Class B common stock of the Little Rock retailer.
The announcement was good news for the members of CEO William Dillard II’s family. As of Sept. 30, the family members owned 7.6 million shares.
The special dividend is payable on Jan. 9 to shareholders of record as of Dec. 15. That math translates to $114.25 million dollars for the family.
Worst Wake-up Call
Fayetteville police officers found Tyson Foods Inc. CFO John R. Tyson asleep in a stranger’s bed in the early morning hours of Nov. 6.
Tyson, the 32-year-old son of the company’s chairman of the board and the great-grandson of the company founder, was arrested on misdemeanor charges of public intoxication and criminal trespassing. News and police video of the arrest of the groggy Tyson executive were covered by media outlets across the country.
Tyson pleaded not guilty. His trial on the charges is scheduled for Feb. 15.
Tyson Foods said the Springdale company supported Tyson after a review of the incident through a committee of independent members of its board of directors.
Best News for Sake Lovers
Business partners Matt Bell and Ben Bell (no relation) plan to open Origami Sake, the state’s first sake brewery, in Hot Springs sometime in the first…
