10 NOVEMBER 1923, Page 30

FINANCIAL NOTE.

The Directors of the Royal Bank of Scotland are to be congratulated upon another successful year, and as a result the bank, for the third year in succession, is increas- ing its dividend, the final dividend just announced at the rate of 12 per cent. per annum with a bonus of 2 per cent., making with the interim dividend paid a few months back 14 per cent. for the year, less tax. This compares with 13 per cent, for the previous year and 12 per cent. in the year