South African billionaire Johann Rupert to collect $22.8 million in Remgro dividends
Rupert Beleggings, which holds Johann Rupert's controlling B shares in Remgro, is due R379.6 million when the investment group pays final and special dividends.
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Rupert Beleggings, which holds Johann Rupert's controlling B shares in Remgro, is due R379.6 million when the investment group pays final and special dividends.
Zenith Bank founder Jim Ovia is set to collect N8.7 billion from the lender's raised interim dividend, even as its half-year profit fell 19%.
Johann Rupert draws no salary from Remgro. He is collecting $32.8 million in dividends after headline earnings rose 42.3% to $685 million.
Sudhir Ruparelia received a Shs2.25 billion dividend from Bank of Baroda Uganda. His stakes in two listed lenders are worth about $15.3 million.
Seplat's 12-cent dividend delivers $14.4 million to Tony Elumelu's Heirs, $9.7 million to Petrolin and $6 million to Austin Avuru. GHOST
Eaton maintains a quarterly dividend of $0.94 per share following record Q2 earnings, underscoring long-term growth and shareholder commitment.
African billionaires have had yet another opportunity to smile at their bank accounts this year.