Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Zealand Stock Exchange Announcement

New Zealand Stock Exchange Announcement

The Directors of Sanford Limited have today declared a final dividend for the thirteen month year ended 30 September 2003 of twelve cents per share. This takes the total dividend for the year to twenty one cents per share (an increase of one cent over the previous year).

The Directors have also declared a special dividend of 20 cents per share to commemorate the forthcoming centenary of the company’s formation on 1 February 1904.

These dividends will be fully imputed and will be paid to shareholders on 18 December 2003. For the purposes of determining entitlement to the dividend, the share transfer books shall be closed at 5pm on Friday 5 December 2003 and shall re-open at 8.30am on Monday 8 December 2003.

The financial results for the year (13 months) will be announced after the market closes on Wednesday 26 November 2003. Directors believe that the full year results are likely to be at least 20% ahead of last year and have made these early declarations of dividends to remove market speculation over possible additional shareholder benefits as the company approaches the centenary of its legal formation.

Further information will be disclosed to shareholders at the time of the announcement of the annual results and in the annual report to be forwarded to shareholders in December.

For and on behalf of Directors E F Barratt Managing Director

© Scoop Media

Business Headlines | Sci-Tech Headlines


Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>


Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>


Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>


Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>


Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news