Declaration of final dividend no 62
The Board is pleased to announce the declaration of a dividend of 5.75 cents per ordinary share in respect of the year ended 30 June 2020 (2019: 7 cents), thus bringing the total dividend payable for the year to 14 cents (2019: 13 cents).
This is a dividend as defined in the Income Tax Act, 1962, and is payable from income reserves. The dividend withholding tax (“DWT”) rate is 20%. The net amount payable to shareholders who are not exempt from DWT is 4.60000 cents per share, while the gross amount is 5.75 cents per share to those shareholders who are exempt from DWT.
There are 43 897 279 (2019: 43 897 279) ordinary shares in issue; the total dividend amount payable is R2 324 093 (2019: R3 127 059). Putprop’s tax reference number is 9100097717, and its company registration number is 1988/001085/06
The salient dates relating to the dividend are as follows:
Wednesday, 2 September 2020
Last date to trade to participate
Tuesday, 27 October 2020
Trading commences ex dividend
Wednesday, 28 October 2020
Friday, 30 October 2020
Date of payment
Monday, 2 November 2020
Share certificates may not be dematerialised or rematerialised between Wednesday, 28 October 2020 and Friday, 30 October 2020, both days inclusive.
On behalf of the Board
BC Carleo JE Smith
Chief Executive Officer Chief Financial Officer
4 September 2020