REAP­ING DIV­I­DENDS

Finweek English Edition - - Companies & markets -

IT SEEMS THAT Zeder could be a wor­thy div­i­dend con­tender.

Stick­ing to its pol­icy of pass­ing to its share­hold­ers div­i­dends re­ceived from un­der­ly­ing in­vest­ments, Zeder has re­warded its in­vestors with a 2c/share div­i­dend af­ter ring­ing up a net profit of R136,5m (earn­ings per share of 27,8c) for the four months to end-Fe­bru­ary 2007. That gave Zeder a div­i­dend yield of 1,49 times.

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