Reinet Investments announces South African share dividend details
Reinet Investments S.C.A. has announced details for the dividend payable to holders of its ordinary shares listed on the Johannesburg Stock Exchange. The total dividend of €0.37000 per share, from income reserves, was approved by shareholders at the annual general meeting held on Tuesday, 26 August 2025, in Luxembourg. This foreign dividend is funded from Luxembourg, with no Luxembourg withholding tax applicable.
The exchange rate for converting euro to rand for the dividend payment is ZAR 20.61500 per €1. This results in a gross dividend of 762.75500 ZAR cents per share. After accounting for a 20% South African dividend tax of 152.55100 ZAR cents, the net dividend payable per Reinet South African share will be 610.20400 ZAR cents.
The timetable for the dividend indicates that the last day to trade cum dividend is Tuesday, 9 September 2025, with trading commencing ex-dividend from Wednesday, 10 September 2025. The dividend record date is Friday, 12 September 2025, and the payment date is set for Wednesday, 17 September 2025. Former holders of certificated depository receipts are advised to regularize their accounts to ensure timely dividend receipt.
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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