On 3 September 2019 a dividend of R202,2 million was received from SSA. Of this amount, R197,1 million was utilised to repay the vendor funding to Sasol Limited and R5,1 million was paid as a trickle dividend to the company’s shareholders.
How much does Sasol pay in dividends?
Dividend History
| Dividend history | Date paid/payable | US cents |
|---|---|---|
| FY19 Interim Dividend | 18 March 2019 | |
| 28 March 2019 | 30.63 | |
| FY18 Final Dividend | 10 September 2018 | |
| 20 September 2018 | 39.48 |
Does Sasol Inzalo still exist?
In September 2018 when Sasol Inzalo comes to an end, your SIPBEE shares will cease to exist as these shares will be delisted from the Johannesburg Securities Exchange (JSE). Please also note that all SIPBEE shares will be suspended from trading on the JSE after the launch of Sasol Khanyisa.
How do I claim Sasol shares in inzalo?
Further information about the process can be obtained by:
- Calling Computershare’s call centre on 0800-000-222;
- Contacting Computershare by e-mail on [email protected]; or.
- Visiting Computershare’s walk-in centre at 70 Marshall Street, Johannesburg.
How is Sasol Inzalo shares calculated?
The price of the Sasol Inzalo Groups Ordinary Share can be calculated using the following formula: MV = (SP – value outstanding of the preference shares (A + B + C + D + E + O)).
Does Coca Cola pay monthly dividends?
Coca Cola does NOT pay a monthly dividend.
Does JSE pay dividends?
The JSE is home to some of the world’s top dividend stocks.
What happened Sasol Inzalo?
“After repayment of the outstanding Inzalo funding‚ paying taxes and costs‚ there is a cash surplus of over R1‚3-billion (net of dividends withholding tax‚ if applicable) which will be distributed to the SIPBEE shareholders on 17 September 2018. This marks the end of the Sasol Inzalo transaction.
How can I sell my Sasol khanyisa shares?
To sell your SOLBE1 shares you need to contact Computershare by telephone or in person and ask them to place a sell instruction. A call centre agent will verify your account details and the number of shares you hold, the sale process will then commence.
Can you sell Sasol khanyisa shares?
What was the Sasol inzalo share price in 2016?
The Sasol Inzalo share price at inception was R366.00, it dropped to R360.00 in January 2016. The same Sasol Inzalo share price then went to R377.00 on the 19thof September 2016 amid live online trading.
What is the Sasol dividend policy?
The dividend is declared and paid out in Rand for the holders of ordinary shares. For investors in the depositary receipt (ADR) on the NYSE, the dividends are paid out in US dollars. Sasol declares dividends semi-annually in March and September respectively. Dividend payments are a fundamental part of shareholder returns.
What is the Sasol inzalo public (sipbee) cash distribution?
Johannesburg, South Africa – Sasol Inzalo Public (RF) Limited is pleased to announce that it will distribute over R1,3 billion to the Sasol Inzalo Public (SIPBEE) shareholders in the form of a cash payment on 17 September 2018. Each SIPBEE shareholder will receive R85,63 per share (less dividends withholding tax of 20%, if applicable).
What happened to Sasol’s debt?
The scheme was designed to pay the debt from the appreciation of the Sasol group shares and dividends paid. Inzalo was launched at a Sasol share price of R366 in 2008 with debt of about R7.4 billion. But from mid-2016 until 2017, Sasol’s share price, which tracks international oil prices and the rand, barely traded above the R370 level.
