5 MAY 1928, Page 36

RISE IN INSURANCE DIVIDEND.

The general rise which has taken place recently in Insurance shares may be regarded as justified by the general character of the Reports which have been issued and the dividends which bave been announced. As regards the latter, the birectors of the London and Lancashire Insurance Company, In announcing its final dividend at the rate of 9s. per share, less tax, making 17s. per share for the year, have intimated their intention to raise the rate of interim_ dividend payable

next November to 9s. per share. Insurance directors are proverbially cautious in their policy, and the market, there- fore, is now inclined to regard the shares as upon a dividend basis of 18s. pet share for the current year.