Kumba Iron Ore Limited at its board meeting on 19 February 2024, the directors approved a gross final cash dividend of 2,420 cents per share on the ordinary shares from profits accrued during the year ended 31 December 2023.
The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders, subject to withholding tax at a rate of 20%, amounts to 1,936 cents per share. The issued share capital at the declaration date is 322,085,974 ordinary shares. Trading ex-dividend commences on 13 March 2024 and record date is on 15 March 2024. The dividend payment date is on 18 March 2024.