Telkom resumes dividends as earnings jump 62.3%
Telecommunication firm Telkom reported on Tuesday, 10 June, a 62.3% rise in full-year earnings and resumed dividends after a four-year suspension, declaring also a special dividend of 98c per share.
Image: Reuters/Siphiwe Sibeko
In 2020, the operator of South Africa’s biggest fixed-line network announced the suspension of dividends for the next three financial years starting in 2021 to conserve cash for spectrum auctions and strengthen its financial position.
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