News

News

Dis-Chem decides to defer dividend payment to preserve cash

21 May 2020

Last year, the group declared a gross final cash dividend of 13.47 cents a share, as it returned R266-m to shareholders in dividend payments.

Dis-Chem has also entered into an agreement to acquire 100% of Baby City for R430-m.

In April the Competition Commission referred Dis-Chem to the Competition Tribunal for prosecution for excessive pricing during the coronavirus outbreak.

 

[BACK TO NEWS]