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FTC div. report

The Farmers’ Trading Company, Ltd, is recommending a final dividend of 6.5 c a share to shareholders, which gives an annual rate of 11.5 c a share (23 per cent) compared with 12c a share previously. Subject to the approval of shareholders at the annual meeting on July 21 and the High Court, 6c a share will be tax-free. If shareholders approve this method of payment, High Court sanction will be sought, and once this is obtained the dividend will be paid.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19830629.2.116.14

Bibliographic details

Press, 29 June 1983, Page 22

Word Count
85

FTC div. report Press, 29 June 1983, Page 22

FTC div. report Press, 29 June 1983, Page 22

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