for the year ended 30 September 2024
The company has declared a final ordinary dividend of 684 cents per share for the year ended 30 September 2024. This, together with the interim dividend of 350 cents per share brings the total dividend for the year to 1 034 cents per share, a 4,3% increase relative to last year. In calculating last year's total dividend, HEPS was adjusted to exclude the costs of the product recall and the civil unrest. This year, the company's dividend policy of 1.75x cover was applied to HEPS, inclusive of insurance proceeds received in respect of these events.
In accordance with paragraphs 11.17 (a) (i) to (x) and 11.17 (c) of the JSE Listings Requirements, the following additional information is disclosed:
Shareholders are advised of the following dates in respect of the final ordinary dividend:
Declaration date | Wednesday, 4 December 2024 |
Last day to trade cum the ordinary dividend | Tuesday, 14 January 2025 |
Shares commence trading ex the ordinary dividend | Wednesday, 15 January 2025 |
Record date to determine those shareholders entitled to the ordinary dividend | Friday, 17 January 2025 |
Payment date in respect of the ordinary dividend | Monday, 20 January 2025 |
Share certificates may not be dematerialised or re-materialised between Wednesday, 15 January 2025 and Friday, 17 January 2025, both days inclusive.
By order of the board
JK Monaisa
Company secretary
Bryanston
3 December 2024