Special Dividend

18-NOV-14

Holdsport have announced that they are paying a special dividend of 99 cents, the pay date is 15 December, the last day to hold them to qualify will be 10 days prior to that. After the 15 percent dividend tax, the net amount is 84.15 cents. This of course was telegraphed in the results, the interim dividend of 85 cents (72.25 cents after tax) will be paid on the same day, a lovely early Christmas present for shareholders. The stock is up smartly over the last month and a half, as are the rest of the local retailers, trading closer to a YTD high.