BETTER DRAPERY DIVIDENDS.
David Jones, Ltd., the big Sydney drapery house, has declared an interim halfyearly dividend of 3 per cent, on ordinary shares, and both issues of preference shares. The interim ordinary dividend last year was 2 per cent, and final dividend 3 per cent., making 5 per cent, for the year." ' As . the ordinary dividend is at the rate of 6 per cent, per annum, the first and second preference shares, which had been subject to the' statutory deduction under the Interest Reduction Act, participate in the same rate as the ordinary shares. The first preference thus receives its original rate of 6 per cent, per annum, and the second preference rate, originally 7% per cent., is increased from £5 16s 3d per cent, per annum.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19330328.2.159.7
Bibliographic details
Evening Post, Volume CXV, Issue 73, 28 March 1933, Page 10
Word Count
128BETTER DRAPERY DIVIDENDS. Evening Post, Volume CXV, Issue 73, 28 March 1933, Page 10
Using This Item
Stuff Ltd is the copyright owner for the Evening Post. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in