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Company News Summary

Jupiter Mines Declares Final Dividend

29 Apr 2020  |  08:44:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Jupiter Declares Final Dividend

Jupiter Mines announced its final dividend for the financial year ended 29 February 2020 (FY 2020) of $0.0075 (unfranked). The dividend record date is 7 May 2020, and the dividend will be paid on 21 May 2020. The Company's final FY 2020 dividend provides shareholders a total yield of 14.8% and a payout ratio of almost 92%, well above its stated 70% dividend policy. For FY 2020, Tshipi e Ntle Manganese Mining (Tshipi) distributed ZAR2.015bn in dividends.

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