Cash-flush JSE distributes R668m to shareholders
The operator of Africa’s largest bourse remains profitable despite a raft of delistings in recent years and will pay a dividend of 769c per share
08 March 2023 - 12:22
UPDATED 08 March 2023 - 15:41
The JSE Ltd, the listed company that operates Africa’s largest bourse, has announced a R668m distribution to shareholders as the business remained profitable and cash generative despite a raft of delistings in recent years.
The company announced a 4% rise in profit after tax to R749m in the year to end-December, with headline earnings per share coming in at 917.7c, 4% higher than the previous year’s 878.9c. Robust cash generated from operations of R978m enabled the board to declare an ordinary dividend of 769c per share, 2% higher than the previous year...
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