Sun International declares dividend for the first time...
A significantly stronger financial position and strong cash generation have led the board to declare a gross interim cash dividend of 88c per share.
Source: dailymaverick.co.za
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GPI declares its biggest-ever dividend after Burger King sale. Now it wants to exit gaming
The focus for listed food and gaming empowerment group Grand Parade Investments over the next six months will be to try to exit its non-core assets.
Source: news24.com
Casino income boosts Sun International
Sun International reported a 29% increase in its income (R7.8 billion) for the year to end-December, while its headline earnings more than doubled after the group implemented aggressive cost cuts.
Source: news24.com
GPI on recovery road as it narrows annual losses and cuts debt
GPI also reduced its debt balance from R258m to R232m, which led to an improvement in the debt to equity ratio from 15.3 percent to 13.8 percent.
Source: iol.co.za