The JSE has adjusted its dividend policy to reflect a more appropriate balance between cash returns to shareholders and reinvestment into the business. As such, we have updated the annual dividend policy from a progressive approach to a pay-out ratio (67% – 100% of earnings). The Board is confident that the updated dividend policy is congruent with the Group’s growth strategy over the medium term.
This trend is expected to continue for the next few years.
|2013||400||(350 plus 50 special dividends)|
|2014||480||(400 plus 80 special dividends)|
|2015||625||(520 plus 105 special dividends)|
|2018||840||(655 plus 185 special dividends)|
|2019||840||(690 plus 150 special dividends)|
|2020||725||No Special dividend declared|
|2021||854||(754 plus 100 special dividends)|
|2022||769||No Special dividend declared|
|Avior||Sabena Omar||[email protected]|
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