AECI Ltd, a South African chemicals and explosives manufacturer, declared a special dividend after selling 1 600 hectares of land near Johannesburg to Chinese developer Shanghai Zendai Property Ltd. The payout of R3.75 a share is in addition to an ordinary dividend of R2.25 a share for 2014, itself a 7 percent increase from 2013, AECI said in a statement on Tuesday. Profit attributable to ordinary shareholders climbed 16 percent to R1.1 billion in 2014 from a year earlier.
Read the full article by here: Johannesburg, South Africa News
Submit and get free press releases here: MyPR Free Press Release.
Click HERE to submit your Johannesburg news.
Read more on MyJHB.
Join the fun: Add Your event | Submit a Press Release | Add your listing.
Previous: 15 children injured in Germiston crash
