COMPANY AFFAIRS
BRITISH TOBACCO DIVIDEND The British Tobacco Co. (Australia) Ltd. advised the Stock Exchange Association that a quarterly dividend of 2 per cent., an unchanged rate, would be paid on March 31. FOSTER BREWING CO., LTD. For the six months ended January 31 the Foster Brewing Co., Ltd., one of the holding companies in the Carlton and United Breweries, Ltd., reports a profit of £7896, compared with £7860 in the preceding half-year, and £7835 in the corresponding period of the previous year. Total profit for the year is thus £15,756, as against £15,681. The half-year’s dividend is maintained at 61 per cent., making an unchanged total of 13 per cent, for the full year. The year’s dividend takes £14,978. Shares in the Carlton and United Brewery are shown in the balancesheet at £149,488, and the holding of Australian Consols at £11,411. Dividends received from the parent company for the half-year amounted to £7786.
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Wanganui Chronicle, Volume 83, Issue 51, 2 March 1939, Page 11
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154COMPANY AFFAIRS Wanganui Chronicle, Volume 83, Issue 51, 2 March 1939, Page 11
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