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.

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Originally published at www.forgetthenoise.co.za.

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