| 1. | "He's traded prestige for payout ."
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| 2. | But the payout calculation had been done using only one rate.
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| 3. | The full-year payout will be 21.9 cents.
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| 4. | The full-year payout rises to 6.25 cents.
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| 5. | The average payout ratio since the 1920s is about 50 percent.
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| 6. | The market was up before the company announced its higher payout.
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| 7. | Only one other big company has raised its payout this week.
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| 8. | Its payout remained unchanged even when it lost money in 1994.
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| 9. | The total 1995 dividend payout represents 70 percent of attributable profit.
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| 10. | Railtrack Offers 69 Mln-Pound Payout Directors'Pay May Double
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