Shareholders of Fidson Healthcare Plc have approved a dividend of N1.50 per 50 kobo ordinary share, amounting to N3.6 billion, at the company’s 27th Annual General Meeting held virtually. In a statement, it was noted that the approval comes against the backdrop of a year in which the Company achieved key milestones in its growth…
Vodacom Group CEO Shameel Joosub Vodacom has lowered the floor on its dividend payout policy, cutting it to at least 65% of headline earnings from at least 75% previously, in a change disclosed alongside first-quarter trading numbers and the completion of its long-awaited Safaricom transaction. The shift is significant for a counter widely held by…
Altron Group CEO Werner Kapp Altron Group has declared a R500-million special dividend and lifted its final ordinary dividend by 44% to 72c/share, returning a substantial chunk of cash to shareholders as its three platform businesses – Netstar, Altron FinTech and Altron HealthTech – now account for almost all of the group’s operating profit. Headline…
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images The U.S. stock market continues to be volatile due to concerns about valuations of tech and artificial intelligence stocks and an uncertain macroeconomic backdrop. Given this scenario, investors seeking passive income can add some dividend stocks to their portfolios. At the same time, investors might…
Altron Group CEO Werner Kapp JSE-listed technology group Altron has lifted its interim dividend by 20% even as it warns of a “tough trading environment” in IT services. Group operating profit from continuing operations in the six months to 31 August 2025 increased 15% to R549-million, driven by an “excellent performance” in the Platforms segment,…
Datatec Group CEO Jens Montanana JSE-listed IT multinational Datatec Group has more than doubled its interim dividend after reporting a 109.5% year-on-year jump in headline earnings per share in the six months to end-August 2025. The group, which owns Westcon and Logicalis, declared a dividend of R1.75/share, up 133.3% compared to the dividend of 75c…
Blu Label Unlimited Group could pay a special dividend to its shareholders should it be successful in its planned listing of Cell C on the JSE next year. The company, which is in the process of taking control of Cell C, has given itself until the end of April 2026 to bring the mobile operator…
Mustek CEO Hein Engelbrecht JSE-listed technology distributor Mustek has delivered an improved bottom line in the year to 30 June 2025, even as group revenue fell sharply in a challenging economic environment. The company credited disciplined cost control and tighter working capital management for the rebound in profitability. The results marked a significant turnaround from…
A sign is posted on the exterior of a Verizon store on September 30, 2024 in Daly City, California. Justin Sullivan | Getty Images News | Getty Images As the stock market focuses on major earnings and negotiations on the tariff front, investors seeking a regular income stream continue to look for attractive dividend stocks…
Capital Appreciation CEO Bradley Sacks. Fintech group Capital Appreciation today announced strong results for the year ended 31 March, growing revenue to R1.25 billion. The group says its businesses demonstrated resilience in the face of a challenging economic environment by effectively growing revenue and managing expenses. Its payments and software divisions have attracted new clients,…
