AECI increases dividend after selling chemicals stake
The chemicals and explosive group reported rising revenue in its business and says it benefited from a profit on the sale of a joint venture
25 February 2020 - 08:17
Chemicals and explosives group AECI increased its dividend for the year to end-December by double digits, benefiting from the profitable sale of a joint venture and rising revenue across its business.
Headline earnings per share (HEPS) rose 10% to R11.50, with the group raising its total dividend for the year by 11% to 515c per share...
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