Exxaro Resources, which supplies coal to Eskom, says it will pay shareholders a special dividend of 897c a share after half-year net profit doubled thanks to asset sales.

The company said on Thursday profit in the six months to end-June rose to R6.4bn, from R3.2bn previously, after it sold its 26% membership interest in Tronox UK and part of its investment in Tronox Holdings.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now