ZIMBABWE’S largest financial services group by assets, CBZ Holdings (CBZ), has declared a dividend of $500 million or 95,78 cents per share, for the half year ended June 30, 2021.
It comes as the bank has posted an after-tax profit of $2,4 billion for the same period, which was, however, a slowdown from a $3,7 billion surplus recorded in prior year.
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“This declaration translates to a growth of 42,8 percent on the comparative 2020 interim dividend,” chairman Mark Holtzman said in a statement accompanying the group’s financial r
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