Vodacom scales back dividend policy to fund growth push

Vodacom scales back dividend policy to fund growth push

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…

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Altron surprises with special dividend

Altron surprises with special dividend

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…

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Datatec doubles dividend as profits soar

Datatec doubles dividend as profits soar

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…

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