SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Pursuant to Section 13 or 15 (d) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) April 14, 1999
THE BEAR STEARNS COMPANIES INC.
Exact name of registrant as specified in its charter
DELAWARE File No. 1-8989 13-3286161
(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification
incorporation) Number)
245 Park Avenue, New York, New York 10167
(Address of principal executive offices) (zip code)
Registrant's telephone number, including area code: (212) 272-2000
Not Applicable
(former name or former address, if changed since last report)
<PAGE>
Item 5. Other Events.
Filed herewith is a copy of The Bear Stearns Companies Inc.'s (the "Company")
Press Release, dated April 14, 1999, announcing its declaration of quarterly
cash dividends.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(a) Financial Statements of business acquired:
Not applicable.
(b) Pro Forma financial information:
Not applicable.
(c) Exhibit:
(99) Press Release, dated April 14, 1999.
<PAGE>
Signature
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
THE BEAR STEARNS COMPANIES INC.
By: /s/ Marshall J Levinson
Marshall J Levinson
Controller and Assistant Secretary
(Principal Accounting Officer)
Dated: April 14, 1999
<PAGE>
THE BEAR STEARNS COMPANIES INC.
FORM 8-K
CURRENT REPORT
EXHIBIT INDEX
Exhibit No. Description
(99) Press Release, dated April 14, 1999
For Immediate Release
Contact: Ellen Glickman (212) 272-8188
THE BEAR STEARNS COMPANIES INC.
DECLARES CASH DIVIDENDS
NEW YORK, April 14, 1999 -- The Bear Stearns Companies Inc. (NYSE: BSC) today
announced its regular quarterly cash dividends on its outstanding shares of
common stock, adjustable rate cumulative preferred stock, 6.15% cumulative
preferred stock, 5.72% cumulative preferred stock, and 5.49% cumulative
preferred stock.
Quarterly Cash Dividends Declared
The Board of Directors declared a regular quarterly cash dividend of 15
cents per share on the outstanding shares of common stock, payable May 28, 1999
to shareholders of record on May 14, 1999. The board also declared a quarterly
cash dividend of 68.75 cents per share on the outstanding shares of adjustable
rate cumulative preferred stock, payable July 15, 1999 to shareholders of record
on June 30, 1999. In addition, other regular dividends declared by the Board of
Directors include: (i) a cash dividend of $3.075 per share on the outstanding
shares of 6.15% cumulative preferred stock, which is equivalent to 76.875 cents
per related depositary share; (ii) a cash dividend of $2.86 per share on the
outstanding shares of 5.72% cumulative preferred stock, which is equivalent to
71.50 cents per related depositary share; and (iii) a cash dividend of $2.745
per share on the outstanding shares of 5.49% cumulative preferred stock, which
is equivalent to 68.625 cents per related depositary share, all payable July 15,
1999 to shareholders of record on June 30, 1999.
The Bear Stearns Companies Inc., with $19.3 billion in total capital,
is the parent company of Bear, Stearns & Co. Inc., a leading investment banking
and securities trading and brokerage firm serving governments, corporations,
institutions and individuals worldwide. The company's business includes
corporate finance and mergers and acquisitions, institutional equities and fixed
income sales and trading, private client services, derivatives, foreign exchange
and futures sales and trading, asset management and custody services. Through
Bear, Stearns Securities Corp., it offers professional and correspondent
clearing, including securities lending. Headquartered in New York City, the
company has approximately 9,600 employees located in domestic offices in
Atlanta, Boston, Chicago, Dallas, Los Angeles and San Francisco; and an
international presence in Beijing, Buenos Aires, Dublin, Hong Kong, London,
Lugano, Sao Paulo, Shanghai, Singapore and Tokyo. For additional information
about Bear Stearns, please visit our website at http://www.bearstearns.com.
