AfroCentric Investment Corporation Limited passed two resolutions whereby dividends were declared in the 2016 financial year. The first dividend was declared in September 2015 of 10 cents per share and the second dividend was declared in March 2016 of 12 cents per share, being the interim dividend. The Rand value of R55.4 million was paid in October 2015 for the first dividend and R66.5 million was paid in May 2016 for the second dividend. These dividends were debited to retained earnings in 2016.
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| Dividend declared by AfroCentric Investment Corporation Limited in September 2015 |
55 438 |
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84 214 |
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55 438 |
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84 214 |
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| Dividend declared by AfroCentric Investment Corporation Limited in March 2016 |
66 525 |
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46 785 |
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66 525 |
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46 785 |
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| Other dividends in the Group: |
– |
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– |
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– |
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– |
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| Dividend declared by AfroCentric Health (Pty) Ltd in October 2015 |
4 536 |
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5 670 |
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– |
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– |
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| Dividend declared by AfroCentric Health (Pty) Ltd in March 2015 |
– |
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4 383 |
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– |
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– |
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| Dividend declared and paid by Medscheme (Namibia) (Proprietary) Limited to non-controlling interests |
4 408 |
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3 544 |
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– |
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– |
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| Dividend declared and paid by Allegra (Proprietary) Limited to non-controlling interests |
578 |
|
849 |
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– |
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– |
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