G. J. COLES, LTD.

Evening Post, Volume CXXIV, Issue 14, 16 July 1937, Page 12

G. J. COLES, LTD.

DIVIDEND AND BONUS

(By Telegraph— Press Assn.—Copyright.) MELBOURNE, July 15. G. J. Coles and Co., Ltd., a department store company, is paying a final dividend for the quarter ended June 30 of .Is 6d a share, equal to 7J per cent, per annum. The directors also propose a bonus share issue in the proportion of one share for ten. The company's quarterly dividends for the year ended June 30 have been as follows:—September quarter, 6d a share, equal to 10 per cent, per annum, paid on October 15; December quarter. Is a share, equal to 20 per cent, per annum, payable on January 15; March quarter, 9d a share, equal to 15 per cent, per annum; June quarter, Is Cd a share, equal to 30 per cent, per annum, payable in August. The total distribution for the year is thus 3s 9d a share, equivalent to 183 per cent. The distribution for the previous year was ]2i per cent. In 1935 the company paid 12| per cent., and made a bonus share issue of £72,360. The company has a paid capital of £950,775 in 150,000 preference and 800,775 ordinary shares, all 20s fully paid.