Kodak will give $239 million to its employees.
The company said 85,000 employees in the United States will share in the money as part of its 73-year-old wage dividend program. When it is distributed in March, each eligible employee will receive roughly 2% of his total wages for the five-year period from 1981 to 1985, a company spokesman said. Eastman Kodak’s wage dividend, begun in 1912, is directly related to cash dividends declared on Kodak stock.
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