FilingReader Intelligence

Choppies finalizes dividend payout for BSE and JSE shareholders

April 8, 2025 at 09:00 PM UTCBy FilingReader AI

Choppies Enterprises Limited (JSE: CHP) has finalized its cash dividend announcement. A gross final dividend of 1.6 thebe per share, declared for the six months ending December 31, 2024, will be distributed to shareholders on record as of April 25, 2025. For BSE-registered shareholders, the net dividend after a 10% Botswana withholding tax is 1.44 thebe per share. JSE-registered shareholders will receive the dividend in ZAR, calculated at a BWP/ZAR exchange rate of 1.39 as of April 7, 2025, resulting in a gross dividend of ZAR 2.22400 cents per share. This dividend is subject to withholding taxes, potentially up to 20% for non-exempt JSE shareholders, accounting for Botswana dividend withholding tax and relevant Double Tax Agreements, where applicable. The last day to trade cum dividend for both exchanges is April 22, 2025, with ex-dividend trading commencing on April 23, 2025. The dividend payment date is set for May 8, 2025.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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