Cash-Flush JSE Distributes R668m to Shareholders

The JSE Ltd, the listed company that operates Africa’s largest bourse, has announced a R668m distribution to shareholders as the business remained profitable and cash generative despite a raft of delistings in recent years.

The company announced a 4% rise in profit after tax to R749m in the year to end-December, with headline earnings per share coming in at 917.7c, 4% higher than the previous year’s 878.9c. Robust cash generated from operations of R978m enabled the board to declare an ordinary dividend of 769c per share, 2% higher than the previous year…

Credit – Taken from – https://www.businesslive.co.za/bd/companies/financial-services/2023-03-08-cash-flush-jse-distributes-r668m-to-shareholders/#:~:text=The%20JSE%20Ltd%2C%20the%20listed,of%20delistings%20in%20recent%20years.