Dividend information

Payment of dividends/distributions to kumba’s shareholders

Relevant shareholders were notified in December 2012 that due to cheque payments being particularly vulnerable to fraud and the significant increase in the number of attempted and successful fraud cases, Kumba Iron Ore Limited (“Kumba” or “the Company”) would discontinue the issuing of cheques to shareholders with respect to payments of distributions/dividends. Accordingly, cheque payments were discontinued following payment of the 2012 financial year final dividend in March 2013. The Company’s memorandum of incorporation provides for distributions/dividends to shareholders to be made by way of electronic transfer to a bank account nominated by the shareholder in writing. Relevant shareholders were requested to provide our transfer secretaries, Computershare Investor Services (Pty) Ltd (“Computershare”), with their banking details or any changes thereto in order to receive future dividend proceeds directly to their bank account via electronic funds transfer.

To provide/update your banking details, kindly download the form below which should be printed, completed and stamped by your bank and thereafter, it should be returned together with an originally certified copy of your identity document/passport and bank statement to Computershare at the following address:
Computershare Investor Services (Pty) Ltd
Shareholder Services Department
P.O. Box 61051
Marshalltown
2107

For security purposes, shareholders are requested to post the documents via registered mail to Computershare.

Alternatively, you can provide/update your banking details by contacting Computershare’s call centre on 0861 100 930/933 which will be verified immediately with the major banks. You will still be required to submit the necessary documentation to Computershare.

We assure you that the information will be treated with the utmost confidentiality by Computershare and will only be used for the purpose for which it is provided.

Should you fail to provide your banking details, you will not receive dividend proceeds via cheque payment.

Download form

Notice of Final cash dividend

At its Board meeting on 19 February 2024, the directors approved a gross final cash dividend of 2,420 cents per share on the ordinary shares from profits accrued during the year ended 31 December 2023.

The dividend has been declared from income reserves.

The dividend will be subject to a dividend withholding tax of 20% for all shareholders who are not exempt from or do not qualify for a reduced rate of withholding tax. The net dividend payable to shareholders, subject to withholding tax at a rate of 20%, amounts to 1,936 cents per share.

The issued share capital at the declaration date is 322,085,974 ordinary shares.

The salient dates are as follows:

Publication of declaration data Tuesday, 20 February 2024
Last day for trading to qualify and participate in the interim dividend Tuesday, 12 March 2024
Trading ex-dividend commences Wednesday, 13 March 2024
Record date Friday, 15 March 2024
Dividend payment date Monday, 18 March 2024

Share certificates may not be dematerialised or rematerialised between Wednesday, 13 March 2024 and Friday, 15 March 2024 both days inclusive. Any change of address or dividend instructions must be provided by the last day for trading.