Business / Companies
Financial windfall for Econet shareholders
05 Oct 2011 at 05:30hrs | Views
Notice is hereby given that at a meeting held on Wednesday 28 September 2011 the Econet Board of Directors declared an interim dividend, number 16, of 11.8 US cents per share in respect of the half-year ended 31 August 2011.
The dividend shall be payable monthly, at the rate of 2.95 US cents per share, from November 2011 to February 2012 as follows:
In November the dividend shall be payable to shareholders registered in the books of the Company at the close of business on Friday 18 November 2011. The share transfer books and the register of members will be closed from the close of business on 18 November 2011 to 20 November 2011, both dates inclusive. Payment of the dividend will be made on or about 30 November 2011.
In December the dividend shall be payable to shareholders registered in the books of the Company at the close of business on Friday 23 December 2011. The share transfer books and the register of members will be closed from the close of business on Friday 23 December 2011 to 26 December 2011, both dates inclusive. Payment of the dividend will be made on or about 30 December 2011.
The January payment of the dividend shall be made to shareholders registered in the books of the Company at the close of business on Friday 20 January2012. The share transfer books and the register of members will be closed from the close of business on Friday 20 January 2012 to 22 January 2012, both dates inclusive. Payment of the dividend will be made on or a bout 31 January 2012.
The dividend for February 2012 shall be payable to shareholders registered in the books of the Company at the close of business on Friday 17 February 2012. The share transfer books and the register of members will be closed from the close of business on Friday 17 February 2012 to 19 February 2012, both dates inclusive. Payment of the dividend will be effected on or about 29 February 2012.
Withholding tax on the dividend will be deducted where applicable at the rate of 10%.
The dividend shall be payable monthly, at the rate of 2.95 US cents per share, from November 2011 to February 2012 as follows:
In November the dividend shall be payable to shareholders registered in the books of the Company at the close of business on Friday 18 November 2011. The share transfer books and the register of members will be closed from the close of business on 18 November 2011 to 20 November 2011, both dates inclusive. Payment of the dividend will be made on or about 30 November 2011.
In December the dividend shall be payable to shareholders registered in the books of the Company at the close of business on Friday 23 December 2011. The share transfer books and the register of members will be closed from the close of business on Friday 23 December 2011 to 26 December 2011, both dates inclusive. Payment of the dividend will be made on or about 30 December 2011.
The January payment of the dividend shall be made to shareholders registered in the books of the Company at the close of business on Friday 20 January2012. The share transfer books and the register of members will be closed from the close of business on Friday 20 January 2012 to 22 January 2012, both dates inclusive. Payment of the dividend will be made on or a bout 31 January 2012.
The dividend for February 2012 shall be payable to shareholders registered in the books of the Company at the close of business on Friday 17 February 2012. The share transfer books and the register of members will be closed from the close of business on Friday 17 February 2012 to 19 February 2012, both dates inclusive. Payment of the dividend will be effected on or about 29 February 2012.
Withholding tax on the dividend will be deducted where applicable at the rate of 10%.
Source - Byo24News
