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View our dividend policy, the latest dividend declaration, and related information.
Following the completion of our R2 billion share buy-back programme in November 2018, we indicated that our future capital distribution will be set at a level consistent with our capital deployment plan and a desire to maintain steady solvency ratios under the new regulatory framework.
The Group targets a normalised headline earnings per share dividend cover within a range of 2.0 times to 3.0 times. In the 2021 financial year, Momentum Metropolitan Holdings declared an ordinary dividend of 40 cents per ordinary share for the full year.
The dividend will be subject to local dividend withholding tax at a rate of 20% unless the shareholder is exempt from paying dividend tax or is entitled to a reduced rate.
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