ECO.zw | Dividend Declaration

November 9, 2018|

The Company declared a dividend of 1.158 US cents per share amounting to $30 million for the second quarter ending 31 August 2018. This brings total dividends declared to shareholders to $50 million for the half year ended 31 August 2018.

Action Date
Last date to trade cum dividend Tuesday, 20 November 2018
Share trade ex-dividend Wednesday, 21 November 2018
Record date (LDR) Friday, 23 November 2018
Payment date (on/about) Tuesday, 27 November 2018

Withholding tax will be deducted at a rate of 10%, where applicable. Payments to foreign shareholders will be subject to exchange control approval and payment guidelines for foreign remittances. Foreign shareholders should appoint or make their own arrangements with a local bank of their choice to receive their dividend on their behalf and to facilitate remittance to them.

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Econet Wireless Zimbabwe is a diversified telecommunications group, the largest enterprise of its kind in Zimbabwe.

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