BANK OF AUSTRALASIA.
The Bank of Australasia announces that the court of directors has declared a dividend at the rate of 9 per cent, per annum, being a distribution,of 4s 6d per share, less British income tax at 3s 23d in the £. An interim dividend of 3s Gd-per share, at the' rate of 7 per cent, per annum, less British, income tax at ,4s 9& in the £, was paid on October 2, 1936. The dividend last year was at the rate of 73 per cent. .
Trie'dividend-will be payable at any branch of the Bank of Australasia, in New Zealand at the current rate of exchange for sight bills on London on the date of negotiation.,;The/New Zealand list of shareholders will close on March 8. The dividend will be paid ; : on .-April..2. . ..'•■•. ':■■" The Bank of Australasia's paid-up '. capital- is £4,500,000; reserve fund, £2475,000; currency reserve, £2,000,----000; reserve liability of proprietors, £4 500,000; total, £13,475,000.
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https://paperspast.natlib.govt.nz/newspapers/EP19370301.2.140.8
Bibliographic details
Evening Post, Volume CXXIII, Issue 50, 1 March 1937, Page 12
Word Count
153BANK OF AUSTRALASIA. Evening Post, Volume CXXIII, Issue 50, 1 March 1937, Page 12
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