BYCROFT LTD’S SUCCESS
DIVIDEND OF 10 PER CENT. A satisfactory financial year is shown by the report which will be Presented at the annual meeting of shareholders on May 16. The prolit for the yeax* skews an increase of £ 646 more than last year anil payment is of a 10 per cent, dividend, compared with the usual 8 pex 1 cent. This will absorb £IO,OOO, of ■which £4,000 has already been disbursed as an interim dividend. A comparison of the company’s results and appropriations of the last three years is shown by the following table: 1923. 1929. 1930. £ £ £ Brought forward .. 3.470 6,496 540 Net profit 10,286 20,554 11,200 •Dividend 7,260 7,260 10,000 To capital Carried forward .. 6,496 540 1,740 The dividend was at the rate of S per cent, in 1928 and 1929.
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Sun (Auckland), Volume IV, Issue 966, 8 May 1930, Page 11
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133BYCROFT LTD’S SUCCESS Sun (Auckland), Volume IV, Issue 966, 8 May 1930, Page 11
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