The dividend is declared and paid out in Rand for the holders of ordinary shares.
Barloworld declares dividends semi-annually in May and November respectively.
Notice is hereby given that final dividend number 186 of 295 cents per ordinary share and a special dividend of 550 cents per ordinary share in respect of the twelve months ended 30 September 2022 has been declared (collectively "the dividends"), 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) as follows:
|Dividend||Gross amount||Withholding tax||Net amount|
|Ordinary||295 cents per share||20%||236 cents per share|
|Special||550 cents per share||20%||440 cents per share|
In compliance with the requirements of Strate and the JSE Limited, the following dates are applicable to the dividends:
|Dividends declared||Monday, 21 November 2022|
|Finalisation date||Friday, 23 December 2022|
|Last day to trade cum dividends||Tuesday, 03 January 2023|
|Ordinary shares trade ex-dividends||Wednesday, 04 January 2023|
|Record date||Friday, 06 January 2022|
|Payment date||Monday, 09 January 2023|
A new South African (SA) dividends tax was introduced on 1 April 2012. The dividends tax replaces secondary tax on companies; tax on dividend will now be paid by the shareholder.