Ansett issue: 7c div. rate
(N.Z. Press Assn—Copyright) j SYDNEY. | Ansett Transport In- j dustries, Ltd, has confirmed' that its annual dividend rate will be raised from 12 per ( cent to 14 per cent this year | in an announcement of a' $A5.6m, one-for-six rights | issue. The interim rate was raised from 6 per cent to 7 per cent. The new shares will not participate in the final dividend for this year, but the' directors say that they are , confident of maintaining a: [l4 per cent ordinary divi- ( [ dend rate on the increased capital. The funds from the issue ( will be used for extra work- [ i ing-capita!, 4 ' and in capital expenditure. [ The 50c ordinary shares will be issued at a premium [ of sc.
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Bibliographic details
Press, Volume CXV, Issue 33858, 2 June 1975, Page 10
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123Ansett issue: 7c div. rate Press, Volume CXV, Issue 33858, 2 June 1975, Page 10
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