Jarden M div. up
The directors of Jarden Morgan Europe, S.A., the Luxembourg-based merchant banking group, have increased the annual dividend rate from' USl3c to USl6c (NZ27c) after recommending a final dividend of 11c a share.
Jarden Morgan Europe yesterday announced a total profit of $U511.670 million for the latest year ended March 31. The company earned $U57.644M for the nine months to March 31, 1988. There were no minority interest or extraordinary items. Gross revenue was SUSI6.BI3M ($10.338M in the nine months), leaving a pretax profit of $11.790M ($7,731 M). The tax provision rose $33,000 to $120,000. The dividend is payable on August 3, ex dividend on July 11.
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Press, 2 June 1989, Page 14
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110Jarden M div. up Press, 2 June 1989, Page 14
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