GENERAL ACCIDENT DIVIDEND OUTLOOK.
The General Accident Fire and Life Assurance Corporation increased its total distribution to shareholders from 14s. to 16s. last year, but Mr. F. Norie-Miller, M.P., the Chairman, in his address to shareholders at this week's meeting, hinted at the possibility of further increases in future. He said that for many years shareholders had been patient, and had allowed the company to accumulate reserves for the benefit of posterity, adding that the position was now such that shareholders might be treated a little more liberally. To judge from the results for the past year, a more liberal dividend policy does not suggest any departure from cautious finance, for Mr. Norie-Miller was able to report a record year in all departments, while the finances of the company have un- doubtedly been placed on a very sound basis by the conser- vative policy adopted in the past. * * * *
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