Regina to pay 4.5c tax free
Regina Confections, Ltd, will pay a tax-free final ordinary dividend for the year to March 31, of 4.5 c (4.5 per cent) a share, making a steady 9 per cent for the year. The dividend will be payable on August 31, out of realised capital profits, ex dividend August 17. Unaudited group net profits for the year rose 2.8 per cpnt to $66,374. The figure includes the proportionate share of retained profits of the associate company. Capital profit realised amounted to $24,142 ($4349) and income tax refunds $6097 (last year nil). Provision has been made for future income tax of $25,058 (last year $43,330).
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Press, 1 June 1977, Page 18
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110Regina to pay 4.5c tax free Press, 1 June 1977, Page 18
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