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Dividend paying stocks like Fletcher Building Limited (NZSE:FBU) tend to be popular with investors, and for good...
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Fletcher's retail operations date back to its first building supply site in Dunedin in 1910. [4] PlaceMakers has been the main trading brand for Fletcher Distribution's retail stores around the country since 1954. [5] The chain has 62 stores in 2019, up from 52 in the late 1990s and early 2000s. [6]
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In 1925 the company headquarters was moved to Auckland, and in 1940 Fletcher Construction became a subsidiary of the Fletcher Holdings group, which listed on the share market that year. [3] In 1942, following the resignation of his father to help New Zealand's war effort, James Fletcher junior became managing director of the company. Fletcher ...
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