Dividend rate confirmed
(N.Z.P.A.-lteuirr— Copvrfeht) MELBOURNE, Sept. 23. Cadbury Schweppes Aus- ' trails, Ltd, has announced an interim dividend of 6 per cent payable on October 25 to shareholders at October 19. The dividend is in line with the annual dividend of 12 per cent proposed in the merger documents, and the directors said that they expected to be able to recommend a final dividend of 6 per cent. Sales for the six months to June rose by 7.8 per cent compared with the combined results of Cadbury Fry Pascall Australia, Ltd, and Schweppes Australia, Ltd, for the same period of last year. The profit before tax and after depreciation increased by 6.24 per cent, the directors said.
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Press, Volume CXI, Issue 32720, 24 September 1971, Page 15
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117Dividend rate confirmed Press, Volume CXI, Issue 32720, 24 September 1971, Page 15
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