DividendJul 9, 2026, 11:46 AM
Karooooo Announces Interim Dividend Dates & Tax Details
AI Summary
Karooooo Ltd. has announced the key dates for its interim cash dividend of $1.50 per ordinary share. The company also provided details on currency conversion for South African shareholders, where the dividend will be ZAR24.62324 gross per share. South African resident shareholders will be subject to a 20% dividend tax, resulting in a net dividend of ZAR19.698588 per share.
Key Highlights
- Interim cash dividend of $1.50 per ordinary share declared.
- South African dividend converted at USD1:ZAR16.41549, equaling ZAR24.62324 gross.
- NASDAQ ex-dividend date: July 17, 2026; payment date: July 27, 2026.
- JSE ex-dividend date: July 15, 2026; payment date: July 20, 2026.
- South African resident shareholders face 20% dividend tax, resulting in ZAR19.698588 net.
- Singapore does not impose withholding tax on dividends.
- Issued ordinary share capital is 30,893,300 shares.
Price Impact
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