MBL Trading Limited currently has 567 shareholders with 500 or more ordinary shares. Each June, the Directors declare a dividend payable to shareholders' which is fully franked. This dividend is normally paid out in October/November to coincide with the Annual General Meeting, which is held on or around the third Monday in October.
Since the company changed its structure from a Cooperative to an Unlisted Public Company in 2004, the Directors have endeavoured to pay a fully franked dividend to its shareholders.
MBL Trading Limited as an unlisted company, operate an in-house share trading service for members wanting to buy or sell shares. The company DOES NOT re-purchase shares from shareholders as it is illegal for any company to hold issued shares itself. MBL currently holds a register with members who wish to sell their holding. MBL will handle all documentation with regards to the transfer of these shares, but the actual transfer is between the purchaser and seller. The seller dictates the price they wish to sell for. MBL DOES NOT advise shareholders what value they should place on their shares, but only to offer the purchaser and seller the latest financial statements which they, or their financial advisor can calculate their perceived value. Generally the asset backing method is a reasonably accurate measure of valuing a share.
Previous Year's Dividends:
2005 $0.03 Unfranked - Paid 8 December 2005
2006 $0.03 Unfranked - Paid 11 January 2007
2007 $0.06 Franked to 100% - Paid 20 June 2007
2008 $0.07 Franked to 100% - Paid 19 September 2008
2009 $0.08 Franked to 100% - Paid 10 September 2009
2010 $0.09 Franked to 100% - Paid 02 September 2010
2011 $0.10 Franked to 100% - Paid 30 August 2011
2012 $0.08 Franked to 100% - Paid 9 October 2012
2013 Bonus Share Distribution of 4 Bonus Ordinary Shares for every 5 Ordinary Shares held, each Franked to 100%
2014 $0.04 Franked to 100% - Paid 20 October 2014
2015 $0.02 Franked to 100% - Paid 25 November 2015
2016 $0.05 Franked to 100% - Paid 16 September 2016
2017 $0.03 Franked to 100% - Paid 10 November 2017
If you wish to purchase shares in the company, then please enquire below.
MBL TRADING LIMITED 2017 - BOARD OF DIRECTORS
Allan Lewis (Chairman)
John Percy, Daniele Ciampini (Directors)
Derek Smith (Executive Director)