National Ins. 1:5 Bonus
National Insurance Company of New Zealand Ltd, Dunedin, plans to make a one-for-five bonus issue to shareholders, ex bonus December 12.
This was announced in a preliminary report from directors.
Also, the total dividend has been raised from 13 to 15 per cent, with a recommended final of 11 per cent, payable December 11, ex dividend December 6.
The last bonus issue was in 1961 when $500,000 was used to pay the remaining call of 25c outstanding on the 100 c shares.
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https://paperspast.natlib.govt.nz/newspapers/CHP19681113.2.92.3
Bibliographic details
Press, Volume CVIII, Issue 31835, 13 November 1968, Page 14
Word Count
86National Ins. 1:5 Bonus Press, Volume CVIII, Issue 31835, 13 November 1968, Page 14
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