COMPANY AFFAIRS

Wanganui Chronicle, Volume 90, Issue 55, 7 March 1946, Page 8

COMPANY AFFAIRS

COMPANY DIVIDENDS. A final dividend of 7 per cent., making a total of 12 per cent, for the year is recommended by the directors of Woolworths, Ltd., for payment on April 15, based on shareholding at March 31. The ordinary share transfer books of the company will be closed from March 19 to March 31. A final dividend of 7 per cent., making a total of 12 per cent, for the year, on paid up ordinary share capital of Woolworths (W.A.), Ltd., has been recommended for payment on April 15, based on shareholdings as at March 31. The ordinary share transfer books will be closed from March 25 to March 31 Because of an amendment to the National and Social Security Tax Act, the deduction to be made "from the preference dividend payable by Woolworths (N.Z.), Limited, on April 15, will be at the rate of 2s in the £l, not 2s 6d in the £1 as previously announced. BUILDING AND INVESTMENT SOCIETY. The Metropolitan Permanent Building and Investment Society showed a net profit for the year ended February 15 of £6044. A dividend of 6 per cent, and a victory bonus of 3 per cent, will absorb £4626. The sum of £2lll is to be carried forward, against £2937 brought in.