Innscor rewards shareholders with increased payout

Nqobile Bhebhe [email protected]

Diversified conglomerate Innscor Africa has declared an interim dividend of 2.35 US cents per share for the half year, reflecting an increase from 1.45 US cents per share declared in the comparable prior period, in a move that underscores the Group’s strong earnings performance and commitment to shareholder value.

The dividend will be payable in respect of all ordinary shares of the Company, with shareholders set to benefit from improved returns as the Group continues to consolidate its market position across key business units.

“The Board is pleased to declare an interim dividend of 2.35 US cents per share (H1 F2025: 1.45 US cents per share) payable in respect of all ordinary shares of the Company.

“This interim dividend will be payable to all shareholders of the Company registered at the close of business on 10 April 2026,” group chairperson Mr Addington Chinake said.

The payment of the interim dividend will take place on or around 24 April 2026.

According to the company, its shares will be traded cum-dividend on the Victoria Falls Stock Exchange (VFEX) up to the market day of 8 April 2026, and will trade ex-dividend from 9 April 2026.

In addition to rewarding shareholders, the Board has also declared an interim dividend totalling US$650 000 for the Innscor Africa Employee Share Trust (Private) Limited, up from US$400 000 in the same period last year.

The employee share trust plays a pivotal role in enhancing staff welfare and participation in the Group’s growth trajectory.

Innscor Africa Employee Share Trust (Private) Limited supports all qualifying beneficiaries with both dividend flow and various loan schemes.

The latest dividend declaration reflects Innscor’s continued focus on delivering sustainable value to both its investors and employees, anchored on solid operational performance and strategic growth initiatives across its diversified portfolio.

The Group recorded revenue of US$635.784m for the six month period ended 31 December 2025, representing an 18.7% increase over the revenue recorded in the comparative period of US$535.787m.

The performance was driven primarily by strong sales volumes in the Mill-Bake segment, a pleasing volume recovery across the Protein segment, and continued momentum in selected categories within the Beverage and Other Light Manufacturing segment.

Related Posts

ZNCC hosts 2026 Matabeleland Business Awards

Sikhulekelani Moyo, [email protected] THE Matabeleland chapter of the Zimbabwe National Chamber of Commerce (ZNCC) is on Friday hosting the regional annual 2026 Matabeleland Business Awards (MABAs) at a Bulawayo hotel…

LP gas cylinder dispute leads to stabbing on the head

Dalyn Chigwizura [email protected] A 43-year-old Bulawayo man appeared in court for allegedly stabbing a complainant once on the head with a kitchen knife following a misunderstanding over the refilling of…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×