Delta Corporation Limited announced a dividend of 2.5 US cents per share on 22/01/2019

ISIN: ZW0009011199
Local Code: DLTA
Issuer Name: Delta Corporation Limited
Declaration Date: 22/01/2019
Record Date: 25/01/2019
Ex-div Date: 23/01/2019
Pay Date: 13/02/2019
FYE Date: 31/03/2019
Period End Date: 31/12/2018
Currency Code: USD
Gross Dividend: 0.025
Net Dividend: 0.0225
Tax Rate: 10
Marker: INT
Frequency: QTR
Scrip Dividend Offer :Nil
Scrip Dividend Offer Term :Nil

About the company

Delta Corporation Limited manufacturers and markets international and locally-produced beverages in Zimbabwe. It operates in four segments: non-alcoholic beverages, sparkling beverages, lager beers and traditional beers. Brands in its non-alcoholic range are a flavoured maize drink called Shumba Maheu, and a flavoured drinking yoghurt called Supersip Yogurt. The sparkling beverages division operates two bottling plants and one canning plant; bottling and distributing popular cool drink brands sold worldwide by the Coca-Cola Company, a range of drink mixes and an energy drink called Burn. The lager beer division operates two breweries; bottling and distributing international brands such as Castle Lite, Miller’s, Peroni, Redds, Brutal Fruit and Sarita. Delta Corporation Limited has a monopoly in the traditional beer market in Zimbabwe with 14 breweries located across the country; brewing and distributing a well-known sorghum beer brand called Chibuku. Other subsidiaries have interests in transport and logistics, barley and sorghum malting, food processing, packaging, retailing wines and spirits, recycling, tin can production and leadership training.