Truworths hikes its dividend after record operating profit
Growth remains weak in SA, but green shoots are showing in the retailer’s UK business
17 February 2022 - 20:11
Truworths increased its dividend 29% to R3 as it recorded its highest yet operating profit, thanks to cost cutting and closure of unprofitable stores in the UK.
Its share price rose the most in nearly nine months on the news, up 9.57% to R65.04. ..
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