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BRITISH TOBACCO, LTD.

British Tobacco Company (Australia), Ltd., is recommending a final dividend of 2i per cent, on ordinary and B ordinary shares, payable on January 5 This payment brings total distribution for the year ended October 31 to 6J per cent., compared with a rate of 9 per cent, paid from 1941 to 1949 In May of this year, and again in September, the company deferred its usual quarterly interim payments as a result of delays in the granting of increased selling prices to cover increased production costs An interim payment of 2 per cent, for the current financial year has also been recommended by the company.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19501212.2.127

Bibliographic details

Otago Daily Times, Issue 27570, 12 December 1950, Page 9

Word Count
108

BRITISH TOBACCO, LTD. Otago Daily Times, Issue 27570, 12 December 1950, Page 9

BRITISH TOBACCO, LTD. Otago Daily Times, Issue 27570, 12 December 1950, Page 9