Dividend Dames Records (0839kc)

After the death of her husband in 1966, Jane Lacy decided that she needed to learn about the stock market. She and her friend, Patty Hansen, called some friends together in February 1967 and formed the Dividend Dames investment club. Twenty-two initial members joined the National Association of Investment Clubs and began to build a portfolio, buying five to ten shares at a time at the outset. Members paid an initial fee to join the club and then paid monthly dues with which stock shares were purchased. They held monthly meetings at the offices of investment firms H.O. Peet and Shearson Lehman Brothers. At these meetings, they would listen to guest speakers, present stock reports, and vote to purchase shares. Occasionally, the Dividend Dames would hold social gatherings. In October of 1994, the Dividend Dames arrived at the decision to dissolve.

The collection consists of minutes, membership rosters, treasurer's reports, stock reports, some correspondence, attendance records, agendas, and expense records. 1981-1994.

1/2 cubic foot

© State Historical Society of Missouri

updated: Monday, February 07, 2011
State Historical Society of Missouri Research Center-Kansas City
(816) 235-1543 WHMCKC@umkc.edu