COMPANY AFFAIRS.

Auckland Star, Volume LXXI, Issue 10, 12 January 1940, Page 3

COMPANY AFFAIRS.

UNION BANK DIVIDEND. (By Telegraph. — l'ress Association.) WKLUXGTOX. this da.v. I lie L tiion Bank has declared a filial dividend equal to 4 a sliar" in Kn_'lisii currency, less British income tax of !).9d per share, making a net dividend of 3/2.1 per share. With the interim dividend of 3/ a share this riirkes 7/ for the year, the game as ill the previous year. OVER £7,600,000 PROFIT. United Press Association. —Copyright (Received 12 noon.) LOXDOX", January 11. F. W. Woolworth and Company report a record profit tor the year of £7,612.601. The dividend and -bonus are equal to 'jJ per cent. WRIGHT, STEPHENSON AND CO. (By Telegraph. — l'ress A ssoeial Ion.) WKLUXGTOX, this day. Wright. Stephenson and Company, Ltd., declared an interim dividend of 2'/i pe." cent on ordinary and preference shares, payable on January 31. RIVER PLATE DIVIDEND. CaWed advice has been received by the local attornej!i that at the annual general meeting to be held in London on January 25 t'he directors will recommend a dividend of 4 per cent, less English income tax at 7/ in the £, in respect of the year ended October 31, 1939. This will absorb £28,000. A sum of £5000 is being put to reserve and £24,760 is being carried forward. The dividend for the previous year was 3%j per cent, which also showed an increase of V* per cent.