Unilever Dividend Raised
p. 33 · Read in the full issue
THE Directors of Unilever Limited * recommended to the annual general meeting, which was held in London on May 5, the declaration of a final dividend upon the Ordinary stock of the equivalent in sterling of 36 Dutch cents per £1 of stock (against 24 cents a year ago), payable on May 26.
The amount in sterling of this dividend was fixed on May 5 by reference to the sterling rate of exchange on Amsterdam on that day. (A rate of exchange of £l=9fl. would give a sterling dividend of 9.6 d. per £1 of stock, making a total for the year of 7 1-3 per cent., against Bd. per £1 of stock, or 6 2/3 per cent., for 1935, at a rate of exchange of 7.20 A.)