The total percentage dividend payable on ordinary share capital (as compiled in Table 2 of Peter Jackson’s book [4, p. 245]) is plotted in blue for each financial year. No dividend was paid in 1903 and 1904 to allow profits to be re-invested in new plant, which repaid handsomely over the next few years. In contrast, after 1920 profits dwindled and there are no records of dividend payments after 1925.
Frank’s increasing involvement with establishing the University College of Swansea is indicated below the time axis from 1916 onwards, with his two periods as President after the Foundation on 19th July 1920 shown by the solid red line.
Isabel Frances de Winton Thomas of Glanmor (1868 – 1955). Frank’s portrait with his signature during his early years helping to manage the family firm and around the time of his betrothal to Isabel.
