Cartrack Holdings Limited announced that with the actions in place to mitigate the impact of Covid-19 on the financial performance of Cartrack for the year ahead, coupled with the inherently strong cash flow of the Group as well as the access to funding, shareholders are advised that the board of directors is satisfied with the solvency and liquidity of the Group and has declared an interim gross cash dividend of 87 cents per ordinary share (69.6 cents net of dividend withholding tax) for the six months ended 31 August 2020 (the cash dividend). The cash dividend will be paid out of retained earnings of the company. The cash dividend is in line with the current dividend policy, which provides for a cover of between 1 and 10 times HEPS, effective for the half year ended 2021. Record date is 27 November, 2020. Dividend payment date is 30 November, 2020. Last date to trade cum dividend is 24 November, 2020.