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NATIONAL BANK DIVIDEND.

qp - [BT TELEGRAPH.— ASSOCIATION.] .■■.■ ■ Wellington, Thursday. • S The general manager of the National Bank ."of New Zealand has received ? a cable from the London Board advising the declaration of a dividend of five per cent, for the half- : year, and a bonus to shareholders, of two par cent., equalling 13 per cent, in all for the year to the end of March last. The /sum of £50.000 has been added to Abe reserve fund, making it £210,000. and £8400 will be carried forward. The directors have allocated £5000 in reduction of the bank premises account, and £2500 to the.pension fund, and are granting the staff a bonus of ?i per cent, on salaries. m :, ■'<■ ;; : : |, - r -■■■■■ *■•■'•■• •■■■ ■: m

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/NZH19040624.2.32

Bibliographic details

New Zealand Herald, Volume XLI, Issue 12608, 24 June 1904, Page 5

Word Count
119

NATIONAL BANK DIVIDEND. New Zealand Herald, Volume XLI, Issue 12608, 24 June 1904, Page 5

NATIONAL BANK DIVIDEND. New Zealand Herald, Volume XLI, Issue 12608, 24 June 1904, Page 5