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DOMINION RUBBER DIVIDEND.

At a meeting of directors of the Dominion Rubber Company, Ltd., Dunedin, a final diyidend at fflae rate of 3 per cent., making 8 per cent, for the year, was declared. The dividend will be payable on April 8. Lajst year the company's distribution was at the rate of 6 per cent. The annual report of the Dominion Rubber Company states that the profit for the year, after providing for depreciation and income tax. is £5591 5s 7d, to which has to be added £610 16s 6d carried forward from last year. The interim dividend, at the rate of 5 per cent.,; paid on September 1 last, accounted, for £2500. A sum of £500 has been -placed (o the general reserve and a further £500 to the replanting reserve; leaving £1202 2s Id to be carried forward, ■

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19380329.2.136.9

Bibliographic details

Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12

Word Count
140

DOMINION RUBBER DIVIDEND. Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12

DOMINION RUBBER DIVIDEND. Evening Post, Volume CXXV, Issue 74, 29 March 1938, Page 12