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 … [Read more...] about AECI makes special payout after land sale
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