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Shareholders also agreed to a dividend of about $550 million to be paid in two installments.
The new company would borrow money to pay a one-time dividend of about $1.75 billion to Time Warner, making the transaction resemble a sale.
Nortel is a more volatile, growth-oriented stock based on the communications equipment business that pays a relatively small dividend of about 12 cents a share.
The OECD also notes that there is a significant dividend of about 0.2 percentage points of GDP for countries acting collectively rather than going it alone.
What is unusual is that $350 million of that figure is to be distributed directly to NorthPoint's existing shareholders, as a kind of special dividend of about $2.50 a share.
And the stock has a dividend of about 3.8%.
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Farmers who invested the minimum of $20,000 received dividends of about $6,000 each.
Yukos made dividend payments of about $2 billion to its investors last year, cash that went to major shareholders like Mr. Khodorkovsky.
At yesterday's closing price, an annual payout of $1.10 a share would give Pfizer a dividend yield of about 4.5percenttripleple that of the average big stock, potentially attracting value investors to the company.
It currently has a dividend yield of about 6%.
The company said Friday that because of the Morgan Stanley deal last year, Agile gave shareholders a special dividend of $135 million — about $78 million of which went to the family that founded Agile.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com