Sasol Khanyisa Public (RF) Limited (Sasol Khanyisa) is pleased to announce that the Board of Directors has declared a maiden interim dividend of R0.28 (twenty eight cents) (before tax) per ordinary Sasol Khanyisa share for the half year ended to 31 December 2018.
After dividend withholding tax, a net dividend of R0.22 per share will be deposited into shareholders’ bank accounts from 1 April 2019. The total value of dividend you will receive is calculated by the net dividend multiplied by the number of shares you hold. [example: 200 shares x R0.22 dividend per share = R44.00 total dividend]
Sasol Khanyisa received a dividend from Sasol South Africa Limited, the underlying investment of Sasol Khanyisa. In terms of the agreement between Sasol Khanyisa and Sasol South Africa Limited, only 2,5% (trickle dividend) of the amount Sasol Khanyisa receives may be declared to ordinary shareholders. The remaining 97,5% of the dividend, after costs, is used to settle interest and pay down the vendor funding provided by Sasol.