MARTHA DIVIDEND
P.A. AUCKLAND, May 12. An unchanged dividend of 3d sterling a share is being recommended by the directors of the Martha Gold Mining Company (Waihi), Ltd., for the year ended December 31 The dividend, however, is now the equivalent of 10 per cent., against 5 per cent, for the previous year, the company having returned half of its capital, equal to 2s 6d sterling a share, last August. The dividend is free of British income tax and will become payable on June 9 to shareholders registered on May 22. To shareholders on the New Zealand register, the dividend is paid in New Zealand currency amounting to 3.7 d a share. The paid capital of 'he company is now £123,977 in 991,814 shares of 2s Gd each.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/ODT19480513.2.97.3
Bibliographic details
Otago Daily Times, Issue 26770, 13 May 1948, Page 9
Word Count
128MARTHA DIVIDEND Otago Daily Times, Issue 26770, 13 May 1948, Page 9
Using This Item
Allied Press Ltd is the copyright owner for the Otago Daily Times. 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