RMB Holdings’ interim NAV drops on payment of special dividend
Investment group says net asset value per share fell 19% in six months to end-September
10 December 2021 - 09:50
Investment group RMB Holdings (RMH) said on Friday that its net asset value per share dropped 19% to R2.64 in the six months to end-September, as a result of the payment of the special dividend first announced in May.
Excluding the R1.1bn special dividend, the net asset value per share rose 7% during the period, boosted by the rand versus euro exchange rate, which contributed R20m...
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 articles from our international business news partners; 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