MINING NEWS
BLACKWATER DIVIDEND [HV TELEGRAPH —PKESS ASSOCIATION'] WELLINGTON. Sunday The Stock Exchange Association lias been advised that Blackwater Mines, Limited, will pay a final dividend for 1932 of Is 6d a share, and Consolidated Goldfields (N.Z.), Limited', will pay an interim dividend qf 9d for the current year. Both dividends are tax free and will be payable in British currency on J tine 30.
An interim dividend of Is a share was paid by Blackwater Mines on December 31, the distribution for the year tjlius being 2s 6d a share, or 12J per cent, on the issued capital of £250,000 in shares fully paid at £1 each. The full distribution for 1931 was Is 6d a share. The total now paid by the company is 19s Gd a share, or a gross amount of £243,741. Consolidated Goklfields, Limited, is mainty a holding company with 91,507 shares in Blackwater Mines. The issued capital is £50,000 in shares of 4s each fully paid. The dividend now payable is an interim distribution at the samo rate as last year, when the full return was Is 3d a share, or about 30 per cent. The dividend makes a total distribution by the company of 22s a share, and "the total return to shareholders £205,402.
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Bibliographic details
New Zealand Herald, Volume LXX, Issue 21521, 19 June 1933, Page 5
Word Count
211MINING NEWS New Zealand Herald, Volume LXX, Issue 21521, 19 June 1933, Page 5
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