HALF-YEARLY DIVIDEND.

Colonist, Volume LV, Issue 13754, 20 June 1913, Page 5

HALF-YEARLY DIVIDEND.

[United Peess Association.]

Wellington, Juno 19. The general manager of the National Bank of New Zealand, Ltd;, Ahas received a cable message from the London board advising the declaration or a dividend of 6 per cent for tho half year, and a bonus to shareholders of 1 per cent on tho paid up capital (£500,----000), equalling 13 per cent in all for the year ended 31st March last. Ihe sum of £20,000 has been added to tho reserve- fund, which will then stand at £520,000; £15,000 has been added to tho reserve for* depreciation of investments, and £38,750 carried forward. The directors have further allocated £15,000 in reduction of the bank premises' account, and £5000 to tho officers' pension fund. The annual meeting of the bank will be held in London on July Ist.