NATIONAL BANK DIVIDEND.
The general manager of the National Bank of New Zealand Limited announces payment oh January 14 of an interim dividend of li per cent, (less United Kingdom income tax at the rate of 8s 6d in the £) in respebt of the year ending March 31. 1941. The above dividend will be payable in New. Zealand at any branch of the National Bank of New Zealand, Ltd., at the rate of exchange for demand drafts on London current on January 14, 1941. This bank shows its capital and reserves as under:?— Subscribed capital, £6,000,000; paid-up capital, £2,000,000; reserve fund (invested in Government securities), £1,000,000; currency reserve (invested in Government securities), £500,000; reserve liability of shareholders, £6,000,000; total, £9,500,000; and in addition there are undivided profits carried forward of £115,363.
The accounts of Phillipps and Impey, Ltd., Auckland, show net earnings for the year ended August 31 at £20,088. A sum of £2324 was written off properties. A total of £54,477 was carried forward, against £49,938 .brought in. A dividend of 8 per cent., requiring £10,000, was declared for the year; also a bonus of 6d a share, equal to 2£ per cent. : . ■ , ' - -. ■
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https://paperspast.natlib.govt.nz/newspapers/EP19410113.2.109.9
Bibliographic details
Evening Post, Volume CXXXI, Issue 10, 13 January 1941, Page 10
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194NATIONAL BANK DIVIDEND. Evening Post, Volume CXXXI, Issue 10, 13 January 1941, Page 10
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