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 elental infusion from heaven and earth would most likely result in a very unpleasant death.
Eighth-order Strongn on the brink are nurous, 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 so ti, they will eventually grow to their limits.
Winter passes and spring cos, and as ti ticks by, the Kingdom Governnt’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 paynts were quick to fill the debt pit.
The Near East Developnt Bank experienced excess cash flow for the first ti; 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 soone cos 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 etings 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 supplent cash flow, the Near East Developnt Bank continuously financed over a million Gold Coins from shareholders, making it the largest strategic investnt 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 beca the bank’s shareholders.
This vast interest group safeguarded the Near East Developnt Bank, allowing business to flourish.
With multifaceted support, various parties’ valuations of the Near East Developnt 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 Developnt 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 involvent of too many powers, the original money-grabbing bankruptcy plan was forced into heartfelt managent.
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 Developnt Bank finally set on track.
The Nobles’ early repaynts covered up all problems. Forr account assets turned into real gains.
Though interest inco 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 ti exceeds Eighteen Million Gold Coins.
Plus the Eight Million cash dividends, the Near East Developnt Bank’s one-ti 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 ti 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 Developnt 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 Developnt 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 investnts. Even if they continue pursuing you for paynts, 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 soone over to show face, many of your troubleso problems would be resolved.
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