Reunert Limited Declares Final Dividend for the Six Months Ended 31 March 2021, Payable on 28 June 2021
May 25, 2021 at 11:00 am EDT
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Reunert Limited announced that a gross final cash dividend of 70.0 cents per ordinary share (March 2020: 65.0 cents per ordinary share) has been declared by the directors for the six months ended 31 March 2021. First date of trading (ex-dividend) is 23 June 2021. Record date is 25 June 2021. Payment date is 28 June 2021.
Reunert Limited is a diversified group organized around 3 areas of activity:
- electric engineering services (51.9% of net sales): design, manufacturing, installation and maintenance of electric cables, fiber optics, transformers, low, medium and high voltage switching systems, etc. primarily for the public services, mining industry and real estate construction sectors;
- telecommunication services (22.2%): design and development of office solutions and vocal communication systems, and networking of data for professionals, individuals, government administrations and parastatal companies;
- design and manufacturing of defense systems and equipment (25.8%): communication tactic systems, terrestrial and naval research systems, fuses, artillery products, etc.;
- other (0.1%).
Net sales are distributed geographically as follows: South Africa (70.8%), Africa (15.1%), Asia (5.6%), Europe (4.9%), Australia (1.9%) and Americas (1.7%).