M.L.C. div. raised
The M.L.C., Ltd, has raised its interim dividend from 9 to 9| per cent for the 6 months to October 30. The directors report that the fire and general insurance subsidiaries in Australia and New Zealand are both experiencing heavy claims and expense strains, and losses for the year are forecast in these departments. The dividend will be paid on January 4, to holders registered on December 31.
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https://paperspast.natlib.govt.nz/newspapers/CHP19711207.2.194
Bibliographic details
Press, Volume CXI, Issue 32783, 7 December 1971, Page 23
Word Count
71M.L.C. div. raised Press, Volume CXI, Issue 32783, 7 December 1971, Page 23
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