MORE INDUSTRIAL DIVIDENDS.
During the past week a maiden dividend has been announced by one of the Eastwoods group, namely, Eastwoods Flettons, Limited, which shows increased profits for the past year. The Directors recommend a dividend of 8} per cent. on the Participating Preferred Ordinary Shares, which only received 7 per cent. for the previous year, while it is proposed to make an initial distribution on the Deferred Ordinary Shares of 7 per cent. Another good dividend announcement is that by Lewis's Limited, the big stores of Liverpool, Manchester and Birmingham. The Directors, in addition to paying the usual half-yearly dividends on the Preference and Preferred Shares, have been able to maintain the interim dividend on the Deferred Ordinary Shares at 25 per cent. actual.
A. W. K.
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