Meikles Limited declares dividend of US$0.70 per share

 

Sikhulekelani Moyo, [email protected]

Meikles Limited has declared a dividend of US$0.70 per share, which will be payable from the profits for the financial year ending 28 February 2025.

In a notice to shareholders, Meikles Limited company secretary Mr Thabani Mpofu stated that disbursements to foreign shareholders are subject to Exchange Control approval and payment guidelines for foreign payments.

“Notice is hereby given that the board of directors has declared an interim dividend, Number 95, of US$0.70 per share, payable from the profits for the financial year ending 28 February 2025,” said Mr Mpofu in a statement. “The dividend will be payable on or about 20 February 2025.”

He also noted that, due to the suspension of trading of Meikles Limited shares on the Zimbabwe Stock Exchange, there are no entitlement dates (Cum-Dividend and Ex-Dividend Dates).

“It is deemed that there are no open positions,” he added.

@SikhulekelaniM

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