Iron County Record | 1977-11-24 | Page 7 | Cal-Pac Reports Dividend Earnings

Cal-Pac reports Dividend Earnings California-Pacific Utilities Company reports earnings of $1.29 per share for the nine months ending September 30, 1977, and $1.61 per share for the 12 months ending September 30, 1977. These compare with $2.17 per share for the nine months ending September 30, 1976 and $2.37 per share for the 12 months ending September 30, 1976. Earnings were calculated on the basis of 1,572,325 average shares outstanding for the nine months ending September 30, 1977, and 1,524,497 average common shares for the twelve months ending September 30, 1977, and 1,382,216 average shares outstanding for the nine and twelve months ending September 30, 1976.