Airwork Lifts Dividend Rate
Airwork (N.Z.), Christchurch aerial topdressers and aircraft engineers, will recommend a final dividend of 4 per cent plus a bonus dividend of 2 per cent, payable July 23, ex dividend July 16. This lifts total payout to 10 per cent for the year against 6 per cent last year. Airwork last paid a 10 per cent dividend in 1958 and passed dividends in 1962 and 1963. A final 3 per cent on 6 per cent preference shares and 4} per cent on 7j per cent preference shares has also been recommended.
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Bibliographic details
Press, Volume CIV, Issue 30783, 22 June 1965, Page 19
Word Count
95Airwork Lifts Dividend Rate Press, Volume CIV, Issue 30783, 22 June 1965, Page 19
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