DIVIDEND PAYMENTS.
ANNOUNCEMENT BY BANKS. (Per Press Association). WELT/INC! TON, March 19. The directors of the Bank of Australasia’ have decided to pay the halfyearly dividend now due in. sterling, and will issue dividend warrants on London. The warrants will be payable in New Zealand at. any branch ot the Bank of Australasia at the current rate of exchange, quoted byt the banks for buving demand drafts on London, £IOS 10s per £IOO, thus shareholders will receive the benefit of the premium of the bank’s buying side, £8 10s per cent. 'l'he dividend at the rate_ or 1.1 per cent, is payable on March 27. The directors of the Union Bank of Australia have made a like decision in respect of the dividend at the rate of 10 per cent, per annum, declared in January,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AG19310320.2.68
Bibliographic details
Ashburton Guardian, Volume 51, Issue 135, 20 March 1931, Page 5
Word Count
135DIVIDEND PAYMENTS. Ashburton Guardian, Volume 51, Issue 135, 20 March 1931, Page 5
Using This Item
Ashburton Guardian Ltd is the copyright owner for the Ashburton Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Ashburton Guardian Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.