OIL COMPANY’S DIVIDENDS
STANDARD’S BIG PROFIT Although the United States, in common with other countries, is feeling the effects of the severe world trade depression, the Standard oil group of companies earned large profits from its operations in 1930. It was estimated in November that the group would distribute dividends for the whole of the year approximating an aggregate of £57,333.345. This amount represents an increase of £3,405,960 on the dividend payments for 1929, and is a record aggregate dividend distribution for any year in the history of the group.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NEM19310108.2.61
Bibliographic details
Nelson Evening Mail, Volume LXIV, 8 January 1931, Page 6
Word Count
90OIL COMPANY’S DIVIDENDS Nelson Evening Mail, Volume LXIV, 8 January 1931, Page 6
Using This Item
Stuff Ltd is the copyright owner for the Nelson Evening Mail. 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.