| Notes to the consolidated annual financial statements l Note 27 |
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2014
Rm |
2013
Rm |
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| 27. |
Dividends |
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Ordinary shares |
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Final dividend No 172 paid on 26 January 2015: 214 cents per share |
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(2014: No 170 – 195 cents per share; 2013: No 168 – 150 cents per share) |
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456 |
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413 |
320 |
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Interim dividend No 173 paid on 15 June 2015: 115 cents per share |
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(2014: No 171 – 106 cents per share; 2013: No 169 – 96 cents per share) |
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243 |
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226 |
202 |
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Paid to Barloworld Limited shareholders |
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699 |
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639 |
522 |
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Paid to non-controlling shareholders |
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109 |
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92 |
86 |
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808 |
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731 |
608 |
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On 16 November 2015 the directors declared dividend No 174 of 230 cents (gross) per share subject to the applicable dividends tax levied in terms of the Income Tax Act (Act No 58 of 1962) (as amended) (the Income Tax Act).
In accordance with paragraphs 11.17(a)(i) to (x) and 11.17(c) of the JSE Listings Requirements the following additional information is disclosed:
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The dividend has been declared out of income reserves. |
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Local dividends tax rate is 15% (fifteen per centum). |
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Barloworld has 214 733 205 ordinary shares in issue:
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The gross local dividend amount is 230 cents per ordinary share. |
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The net dividend amount is 195.5 cents per share. |
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In compliance with the requirements of Strate and the JSE Limited, the following dates are applicable:
| Date declared |
Monday |
16 November 2015 |
| Last day to trade cum dividend |
Friday |
8 January 2016 |
| Shares trade ex dividend |
Monday |
11 January 2016 |
| Record date |
Friday |
15 January 2016 |
| Payment date |
Monday |
18 January 2016 |
Share certificates may not be dematerialised or rematerialised between Monday, 11 January 2016 and Friday, 15 January 2016, both days inclusive.
Analysis of dividends declared in respect of current year’s earnings:
Ordinary dividends per share
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2014
Cents |
2013
Cents |
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| Interim dividend |
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115 |
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106 |
96 |
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| Final dividend |
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230 |
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214 |
195 |
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345 |
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320 |
291 |
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6% cumulative non-redeemable preference shares
Preference dividends totalling R22 500 were declared on each of the following dates:
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13 April 2015 (paid on 18 May 2015) |
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12 December 2015 (paid on 12 January 2015) |
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13 October 2014 (paid on 17 November 2014) |
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14 April 2014 (paid on 19 May 2014) |
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25 October 2013 (paid on 4 November 2013) |
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8 April 2013 (paid on 6 May 2013) |
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9 October 2012 (paid on 5 November 2012) |
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| Notes to the consolidated annual financial statements l Note 27 |
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