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Govt gets R540m windfall from Telkom’s dividend payout

eriinfo.com3 weeks ago03 mins

Nonkqubela Thathakahle Jordan-Dyani, director-general of the Department of Communications and Digital Technologies. The South African government, which is the majority shareholder in telecommunications firm Telkom, has earned over R500 million after the JSE-listed company resumed dividend payouts. The company today published its annual financial results and ordinary and special dividend declaration for the year ended…

Telkom resumes dividend payout as earnings jump

eriinfo.com3 weeks ago01 mins

Image: Reuters Telkom on Tuesday reported a 62.3% rise in full-year earnings and resumed dividends after a four-year suspension, also declaring a special dividend of 98c/share. Telkom, partially owned by the government, said headline earnings per share for continuing operations rose to 467.5c in the year ended 31 March, up from 288.1c a year earlier….