N.Z. NEWSPAPERS. LTD.
INCREASED DIVIDEND New Zealand Newspapers, Ltd. ' earned net profit of £49.053 in the year ended March 31, 1938, compared with £48,006 in the previous period. Dividend, which a final of 8d a share brings to Is 4d for the' full year, is at 8 per cent, per annum, compared with Is 3d a share, or li per cent, a year ago. The directors’ report states that the amount brought forward was £28,985. together with the net profit, gives £78.038, from which £19,917 was paid in interim dividend, leaving £58,121 available. Final dividend recommendation will require £19,917, leaving £38,204 to be carried forward. The retiring directors, Messrs. E Anderson and W. H. E. Flint, are eligible for re-election.
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Bibliographic details
Wanganui Chronicle, Volume 80, Issue 110, 12 May 1938, Page 11
Word Count
120N.Z. NEWSPAPERS. LTD. Wanganui Chronicle, Volume 80, Issue 110, 12 May 1938, Page 11
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