Record div­i­dend

The Sunday Independent - - BUSINESS -

AFRICAN Rain­bow Min­er­als (ARM), the JSE-listed di­ver­si­fied min­ing com­pany chaired by bil­lion­aire Pa­trice Motsepe, de­clares a record div­i­dend and re­duces debt in the year to June as prof­its surge on the back of the strong base met­als prices. ARM says div­i­dends have climbed 189 per­cent to 650 cents a share from 225 cents a year ear­lier.

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