Hawkins Holdings Good Div. Cover
Hawkins Holdings, Ltd., Hamilton construction company, increased its profit by $12,876, or 13.2 per cent, to $109,984 in the year to March 31, the directors say in a preliminary report.
A final dividend of 5 per cent has been recommended, making a steady 10 per cent for the year. This requires an unchanged $33,100 and is covered more than three times by profit. The preference charge is steady at $5250. Earning Rate
The earning rate on ordinary capital rises from 27.8 to 31.6 per cent. The latest profit is after providing $7014 less for depreciation at $35,938 and $10,954 more for tax at $99,622. The final dividend is payable after the annual meet-
ing on August 10, ex August
In the Interim report last December directors said that the half-yearly accounts were most satisfactory.
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Bibliographic details
Press, Volume CVII, Issue 31421, 14 July 1967, Page 12
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139Hawkins Holdings Good Div. Cover Press, Volume CVII, Issue 31421, 14 July 1967, Page 12
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