Argent restores dividend as latest acquisition pays off
29 June 2022 - 16:29
Small-cap steel products group Argent Industrial has paid out its first dividend in three years, forking out about R24m to shareholders for 2022 even after a sizable acquisition and share cancellations.
Group revenue rose 23.7% to R2.43bn in the its year to end-March and profit 45% to R192m, with Argent declaring a 42c per share final dividend...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.