Mustek triples dividend as working and schooling goes online
09 September 2021 - 09:16
Mustek, which assembles and distributes computers and related products, more than tripled its dividend for its year to end-June, paying out R59.4m to shareholders amid confidence that a trend of increased working and schooling from home will persist.
Revenue rose just over a quarter to R8.04bn in the group’s year to end-June and profit jumped 236% to R296.4m, with Mustek reporting a surge in demand for products after SA’s hard lockdown in March 2020...
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