View our dividend policy, the latest dividend declaration, and related information.
Following the completion of our R2 billion share buy-back programme in November 2018, we indicated that our future capital distribution will be set at a level consistent with our capital deployment plan and a desire to maintain steady solvency ratios under the new regulatory framework.
The Group targets a normalised headline earnings per share dividend cover within a range of 2.0 times to 3.0 times.
The dividend will be subject to local dividend withholding tax at a rate of 20% unless the shareholder is exempt from paying dividend tax or is entitled to a reduced rate.
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