CA Sales Holdings declares dividend up 24.9% for 2024

CA Sales Holdings (JSE:CAAE) has reported its audited results for the year ended December 31, 2024, highlighting a 10.6% increase in revenue to R12.52 billion. Headline earnings per share (HEPS) rose by 25.3% to 122.71 South African cents, while earnings per share (EPS) increased by 1.3% to 126.89 cents. The company declared a final gross ordinary share cash dividend of 24.44 cents per share, a 24.9% increase from the previous year's 19.56 cents. The dividend, maintained at 20% of headline earnings, is payable on April 29, 2025, to shareholders of record on April 25, 2025. CA&S emphasized its confidence in opportunities within Southern and East Africa despite global economic instability, citing steady economic growth and strategic investments as key drivers.