Brambles div. increased
! The directors of Brambles ! Industries, Ltd, have ini creased the annual dividend Irate from 775 c a share (15 per (cent) to 9c a share (18 per I cent), despite increasing capital during the year with a 11-for-10 premium issue to raise sAust3.9M. The dividend last year was 9.75 c a share, but included a 2c a share bonus to cele-i brate the group’s centenary.; Unaudited group net profit! (rose 14 per cent to 59.7 M. in; ■the year to June 30, on sales'; ; which increased a marginal! *3.1 per cent to $163.6M.
; The profit was after providing $265,000 more for tax at 56.4 M, and $214,000 more for minority interests at $231,000.
Extraordinary' losses were $470,000. compared with $521,000 previously. The dividend is payable on October 26. ex dividend October 6.
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Press, 24 August 1976, Page 18
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135Brambles div. increased Press, 24 August 1976, Page 18
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