A wad of dividends
Happy Sunday! There were lots of dividends this. I have summarised the changes in DPS below:
- Coronation decreased its dividend by 19% (CML) (SENS)
- Vodacom kept its interim dividend flat (0%) (VOD) (SENS)
- Mr Price (MRP) decreased DPS 8% (SENS)
- Spar (SPP) increased its dividend by 4% (SENS)
- Investec (INP) increased DPS by 5% (in GBP terms) (SENS)
Other than Investec, these are not inflation-beating results. No cause for alarm just yet as 6 months is a very short period in financial markets.
Originally published at www.forgetthenoise.co.za.