Nedbank has upped its interim dividend by more than three quarters to above pre-pandemic levels, saying both households and the economy have held up well despite the backdrop of Russia’s invasion of Ukraine.
SA’s fifth-biggest lender by market value reported on Wednesday that headline earnings rose 27% to R6.7bn in the six months to end-June 2022, about 3% below the same period of 2019, while its interim dividend jumped 81% to 783c per share, about 8.7% ahead of its pre-pandemic payout. ..
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