Financial Notes
(Continued from page 411.)
GESTETNER BONUS.
There have been several influences giving a special stimulus to Industrial shares during the past week and among, them may be mentioned the fact that, notwithstanding the 20 per cent. increase in the capital by way of bonus shares_ distributed at the close of the last financial year, Gestetner Limited, the duplicating and office printing machine manufacturers, have again increased the dividend for the past year from 30 to 35 per cent., while a further capital bonus of 12/ per cent. is proposed. The Report states that business in the Home market for the past year constituted a record and even exports increased. The net profit was 1156,056 against £121,864. The proposed bonus distribution of one new share for every eight held will necessitate the capitalising of the £31,875 transferred to Reserve this year. Even so, the Reserve Fund is left intact at the previous year's figure of £100,000. The balance-sheet accompanying the Report is a strong one. The 5s. shares are now quoted in the market at 46s. 6d. xd., ;Jiving a yield of about 31 per cent.
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