The Royal Swaziland Sugar Corporation Ltd declares an interim dividend of 53.5 cents per share

By Published On: October 10th, 2022Categories: Corporate announcement, Dividends

NOTICE IS HEREBY GIVEN that the first interim dividend (dividend 61) of 53.5 cents per share in the currency of Eswatini for the year ending 31 March 2023 has been declared payable to Shareholders registered in the books of the company at the close of business on 14 October 2022.

The transfer books and register of members will be closed from 15 October 2022 to 21 October 2022 both days inclusive, for the purpose of determining those Shareholders to whom the dividend shall be paid. Payment of dividend is expected to be posted on or about 18 November 2022.

Normal and withholding tax will be deducted from dividends paid to local shareholders and non-resident shareholders respectively, where applicable.

The above-mentioned interim dividend will be paid out of current earnings. The unaudited consolidated forecasted profit before taxation of the company and its subsidiaries for the year ending 31 March 2023 is approximately E409 Million.

By Order of the Board

LS Masango

Company Secretary
23 September 2022

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