Sanlam's shares dropped on Thursday even after it upped its final gross dividend on the back of record earnings in 2023.
Sanlam's share price slipped on Thursday after it announced it had raised its final dividend by 11% thanks to record earnings in 2023. The insurance and investment group reported a strong performance across its business clusters to end-December, but its shares were down almost 3% in afternoon trade.South Africans need to be in the know if we want to create a prosperous future. News24 has kept the country informed for 25 years, and we're about to enter a new chapter of fearless journalism. Join our free subscription trial to unlock this story and a world of news aimed to inform, empower, and inspire.
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