INCREASED AFRICAN DIVIDENDS
Substantial increases in dividends on South African gold shares were announced in London prior to Christmas. The richest member of the Union Corporation group, Modderfontein Deep Levels, is , paying 60 per cent., which compares with a similar rate'in Jiine and 55 per cent, a year ago. For .the whole year . shareholders will receive 120 per cent., against 110 per cent. Upon Geduld Proprietary the ' current dividend is 30 per, cent., which follows 26J per cent., declared in June,- and 20 per cent, twelve The rate for the present year is 56J per cent., compared with 37i per cent. The third dividend paying member of the group—Eaist Geduld Mines—is distributing 18J per cent., against 16J per cent, in June, and. 8J per cent., on account of the last six months of 1932. Shareholders'will thus receive 35 per cent, for 1933, against 13J per cent, for the previous year.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ESD19340127.2.50.8
Bibliographic details
Evening Star, Issue 21630, 27 January 1934, Page 10
Word Count
150INCREASED AFRICAN DIVIDENDS Evening Star, Issue 21630, 27 January 1934, Page 10
Using This Item
Allied Press Ltd is the copyright owner for the Evening Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence. This newspaper is not available for commercial use without the consent of Allied Press Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in