PSG slashes dividend as Capitec preserves cash amid pandemic
23 April 2020 - 08:24
Capitec’s largest shareholder, PSG, has cut its final dividend by three quarters due to a decision by the banking group to preserve cash during the Covid-19 pandemic.
The investment holding company saw recurring earnings from its investee companies rise 18% to R3bn before funding and other non-recurring items were accounted for...
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