©WebNovelPub
King-Chapter 1456 - 12, Dividends_2
Chapter 1456: Chapter 12, Dividends_2
In terms of rule comprehension alone, Hudson has now half a foot into the Sanctuary threshold, but neither his body nor the Seed of Life have grown to their limits.
Forcing a reception of elemental infusion from heaven and earth would most likely result in a very unpleasant death.
Eighth-order Strongmen on the brink are numerous, only most are stuck at rule comprehension.
Theoretically, as long as one doesn’t take shortcuts, wasn’t injured in youth, and continues to cultivate the body and Seed of Life for some time, they will eventually grow to their limits.
Winter passes and spring comes, and as time ticks by, the Kingdom Government’s reforms continue.
Thanks to the Clergy’s contribution, the Kingdom’s economy, previously on its last breath, starts to recover this spring.
The spoils of war not only saved the Kingdom’s finances but also the nearly bankrupt Kingdom Aristocrats, and additionally revived the banking sector.
The trend nowadays is "repaying debts," and once their pockets were full, the Nobles who previously delayed debt payments were quick to fill the debt pit.
The Near East Development Bank experienced excess cash flow for the first time; just months ago, Hudson was worried about the bank’s liquidity crisis.
No one expected that the Nobles would repay loans early. Indeed, they are thrifty and frugal households, trying to save even on the interest.
With such self-awareness from everyone, Hudson even felt a bit embarrassed. When someone comes to repay money, of course, you have to accept it!
With money in hand, Hudson’s confidence soared. He chose not to attend the shareholder meetings he originally hosted.
With a smooth landing, the financial fraud naturally ceased to exist.
Initially aiming to make money through financing, it has now turned into a legitimate entrepreneurial venture, and dividends no longer need to be withheld.
Briefly looking over the dividend account list, Hudson said generously: "The distribution of physical dividends follows the original plan unchanged, cash dividends increased to Eight Million Gold Coins so shareholders know we are not fraudsters!"
To supplement cash flow, the Near East Development Bank continuously financed over a million Gold Coins from shareholders, making it the largest strategic investment on the Continent of Aslante.
The number of shareholders expanded from a few originally to now over a hundred and fifty.
Well-known Continental guilds and Major Nobles from the Northern and Central Continents all became the bank’s shareholders.
This vast interest group safeguarded the Near East Development Bank, allowing business to flourish.
With multifaceted support, various parties’ valuations of the Near East Development Bank have exceeded Two Hundred Million Gold Coins, while net asset feedback on the balance sheet is as high as seventy million Gold Coins.
Looking across the entire continent, the Near East Development Bank is also a giant. Even the three major guilds that span the continent do not possess such assets.
A financial giant orchestrated by his own hands, Hudson himself couldn’t believe it. Considering the involvement of too many powers, the original money-grabbing bankruptcy plan was forced into heartfelt management.
Although Hudson frequently leveraged the bank’s resources, taking advantage of small shareholders, the accounts remain absolutely clean.
To prevent the bank from collapsing due to a liquidity crisis, he stored his own money in the bank and even coaxed out his household’s small personal stash.
Efforts ultimately paid off, and after long persistence, the Near East Development Bank finally set on track.
The Nobles’ early repayments covered up all problems. Former account assets turned into real gains.
Though interest income will sharply decrease in the coming years, Hudson remains satisfied.
Only those who’ve experienced a liquidity crisis know how precious cash flow is. Even though a large amount of cash is lying on the bank’s books, Hudson chooses to prioritize distributing dividends in kind.
Theoretically, the total market value of products taken out for dividends this time exceeds Eighteen Million Gold Coins.
Plus the Eight Million cash dividends, the Near East Development Bank’s one-time dividend distribution will reach an astonishing Twenty-six Million Gold Coins.
The generous three major guilds have never been able to provide shareholders with such shocking dividends in any year.
If the dividends taken out this time were not products but actual gold and silver, it would be even more perfect.
"Duke, this is too much!
The sheer amount of physical dividends is already incredibly astounding. If not affected by war, these items could have increased in value by four to fifty percent.
Under normal circumstances, Near East Development Bank’s annual profit is rarely this much.
This year’s dividend distribution is too much, raising shareholder expectations, next year it might be..."
Before Rudolf finished speaking, Hudson laughingly interrupted: "Next year’s matters will be considered next year.
Business inherently has ups and downs, and Near East Development Bank’s profits surged this year because the Papal State’s money entered our pocket.
Just the loans Nobles repaid early, exceeded Eighty Million Gold Coins. Without this cash, we would still worry about the bank’s liquidity crisis; how else could we pay them dividends?
Anyway, after this dividend, everyone has recouped their investments. Even if they continue pursuing you for payments, it’s less urgent now.
Later on, communicate with the shareholders, have them increase support to help us develop businesses in the Three Kingdoms of the Central Continent.
With so many shareholders at the bank, everyone coming out in solidarity, just sending someone over to show face, many of your troublesome problems would be resolved.
This 𝓬ontent is taken from f(r)eeweb(n)ovel.𝒄𝒐𝙢