ZED Special Dividend Neutral
ZEDER INVESTMENTS LIMITED - Update announcement in respect of the special dividend
Zeder Investments Ltd.
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What this filing means
Zeder Investments has delayed the expected timetable for its 7.0 cents per share special dividend due to outstanding South African Reserve Bank approval.
Bull case
- The board maintains the declaration of the 7.0 cents per share special dividend from income reserves.
- The company will publish a revised timetable once the regulatory condition is met, confirming the ongoing intent to proceed with the payment.
Bear case
- The required regulatory condition precedent for the dividend has not yet been fulfilled.
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