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TSB Bank lowers interim dividend

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TSB Bank lowers interim dividend

New Zealand's TSB Bank Ltd. lowered its interim dividend for the fiscal first half ended Sept. 30.

The bank's board declared a dividend of 12.5 New Zealand cents per share, down from the prior year's dividend of 13.3 cents per share.

As of Nov. 22, US$1 was equivalent to NZ$1.47.