A Goon DIVIDEND.
The directors of Triplex Safety Glass Company have recently announced a dividend of 8s. a share for the year ending June' 80th last. Two years ago the Ordinary shares were reduced to a denomination of 10s. by the return of cash to that amount on each £1 share, and the dividend now recommended is, therefore, at the rate of 80 per cent. compared with 25 per cent. for the previous year, when the earnings exceeded 48 per cent. on the Ordinary share capital. It must be remembered, however, that the activity in the motor-ear industry is very pronounced at the present time, and there is the possibility that the forthcoming Report may show that even those earnings have been exceeded. The 10s. shares of the Company now stand at about 71s. 6d., thus giving a return to the investor -of about £4 4s. per cent.
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