NATIONAL BANK DIVIDEND.
CURRENT RATE OF EXCHANGE PAYABLE IN NEW ZEALAND. (By Telegraph—Press Association.) / WELLINGTON; .this day. The general manager of the National Bapk of New Zealand explains that the dividend cabled will be payable in New Zealand at any . branch at the current rate of exchange for demand drafts on London on the date of negotiation. As an interim dividend at the <rate of 12. per cent per annum, free of tax, , was paid ill January, the total dividend for the year 'is 1.0 per cent. Payment, of the final dividend at the current - rate of exchange will, therefore, give a shareholder in New Zealand £10 I° r " 1C year.
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Bibliographic details
Auckland Star, Volume LXII, Issue 148, 25 June 1931, Page 8
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111NATIONAL BANK DIVIDEND. Auckland Star, Volume LXII, Issue 148, 25 June 1931, Page 8
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