Metair postpones dividend as Covid-19 hits profits
Battery group was due to pay 120c per share on April 20, but has delayed it until the release of interim results
30 March 2020 - 08:35
Metair — which manufactures, distributes and sells batteries and automotive components — has withheld about R240m in dividends due to uncertainty over the Covid-19 virus.
The group was due to pay 120c per share for its year to end-December on April 20, but has delayed this until the release of its interim results, expected in August...
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