AfroCentric Investment Corporation Limited passed two resolutions whereby dividends were declared in the 2020 financial year. The first dividend was declared in September 2019 of 17 cents per share and the second dividend was declared in March 2020 of 17 cents per share, being the interim dividend. The Rand value of R97.6 million was paid in November 2019 for the first dividend and R97.6 million was paid in May 2020 for the second dividend. These dividends were debited to retained earnings in 2020.
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2019
R’000 |
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2019
R’000 |
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| Dividend declared by AfroCentric Investment Corporation Limited in September 2019 |
97 621 |
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88 700 |
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97 621 |
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88 700 |
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| Dividend declared by AfroCentric Investment Corporation Limited in March 2020 |
97 621 |
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97 621 |
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97 621 |
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97 621 |
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195 242 |
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186 321 |
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195 242 |
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186 321 |
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| Dividend declared and paid by Medscheme |
43 900 |
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10 341 |
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– |
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– |
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| (Namibia) Proprietary Limited to non-controlling interests |
9 230 |
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7 891 |
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– |
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– |
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| Dividend declared and paid by Allegra Proprietary Limited to non-controlling interests |
10 780 |
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2 450 |
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– |
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– |
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| Dividend declared and paid by Scriptpharm Risk Management Proprietary Limited to non-controlling interests |
1 344 |
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– |
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– |
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– |
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| Dividend declared and paid by ACT Healthcare Assets Proprietary Limited to non-controlling interests |
22 546 |
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– |
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– |
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– |
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239 142 |
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196 662 |
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195 242 |
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186 321 |
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