SOUTH AFRICA: KWV Investments dividend down
KWV Investments Limited, a Johannesburg Securities Exchange listed subsidiary of the KWV Group, which holds an effective 30% share of Distell, has declared a 47.5c dividend following the release of Distell's annual figures on Monday. This is down from the 55.7c declared last year. The KWV Group has about 55% of the subsidiary's listed shares. KWV Investments received an increased dividend from Distell of R44.59m for the year ended 30 June, 2002 and compared with R7.04m for the same period last year, a 533% increase over last year.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Will US consolidation leave craft alcohol exposed?
- Are consumers getting tired of consuming?
- Brown-Forman's march on premium whisk(e)y -Comment
- Should Boston Beer Co put up the For Sale sign?
- The global tailwinds behind Heineken - Analysis
- Brown-Forman to buy BenRiach Distillery Co
- AB InBev snaps up Italy's Birra del Borgo
- Smirnoff Ice Electric flavours - NPD
- US craft beer to hit saturation soon - Koch
- Bacardi rolls out new global Martini ad - video
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Emerging Drinks Industry Trends