18 JUNE 1927, Page 46

Excellent results are again shown in the latest annual Report

of Hovis, Limited, the total profits being £98,000 against £94,000. Once again, therefore, a 21 per cent. bonus is added to the 10 per cent. dividend, making 12/ per cent. for the year, while £20,000 is added to the Reserve, raising it to £240,000. The sales are stated to have exceeded all previous records. At the present price of about 21, the shares give a yield of a little under 51 per cent. * * * *