Pan African Resources proposes record dividend as profits rise
Pan African Resources proposed a record final dividend of ZAR1.58bn (65 South African cents per share). With its interim payout, total dividends for the year are ZAR1.86bn, about $113.6m. The company also approved a share buyback of up to ZAR500m.
Pan African proposed a record final dividend of ZAR1.58bn, or 65 South African cents per share, equivalent to around 2.99p. Including its inaugural interim payout, the total dividend for the year comes to ZAR1.86bn, or roughly $113.6m.The company also approved a share buyback of up to ZAR500m, or a…