What are dividends?
Dividends are that part of a company's profits that it decides to pay to its shareholders.
How are dividends allocated to shareholders?
The profits to be given as dividends are usually divided among the shareholders according to the number of shares they own in the company.
I have not yet received any dividends from Telkom.
If you hold Telkom shares, your dividend would have been paid directly into your bank account or a dividend cheque posted to you, depending on whether the Company's transfer secretaries, Computershare, have your banking details.
As a Khulisa shareholder, will I receive anymore bonus shares in future?
There are no more Khulisa shareholders. After the second anniversary of the Telkom listing (March 3, 2005) all shareholders are considered to be "General shareholders". There are still Khulisa shareholders who did not claim their bonus shares and dividends.
I have received payment in respect of dividends number 8, 9 and 10, etc. Does it now mean I have missed the previous 7 dividends?
No. You have not missed any dividend payments. Telkom paid dividends to its shareholders for the first time since its shares were listed on 4 March 2003.
How are dividends paid to shareholders?
Dividends may be paid to shareholders in any of the following forms: cheque, direct deposit or by Electronic Funds Transfer ("EFT").
How many times a year can a company pay a dividend?
The payment of dividends by the company depends on its policy. Furthermore, the determination to pay dividends and the amount thereof depends on, amongst other things, the company's earnings, its financial condition, its funding requirements, etc.
I have not yet received my dividend in respect of Dividend No. 9 (No. 10, 11 or 12). Who should I contact in this regard?
Please use the following channels for your query:
- Call Centre: 0861 100 948
- Fax number: 011 688 5225
- Postal address: Computershare Limited, P O Box 61051,Marshalltown, 2107
Can a shareholder claim interest on an outstanding dividend?
No. Unclaimed dividends are kept in a non-interest bearing account.
Could I buy more shares with my dividend?
It is not possible for you to instruct either Telkom or Computershare to use your dividend to buy more shares in Telkom. You may, however, use your dividend once it is paid to you to buy more shares in Telkom. For more information please contact your stockbroker or the Telkom hare dealing service on 0861 100 949.
Will the payment of dividends affect my shareholding?
No. Dividends are that part of a company's profits that the company decides to pay to its shareholders and the payment thereof will not in any way affect your shareholding in the company.
Will I still receive a dividend if I sell my shares after the dividend ' has been declared but before it is paid?
If you sell your shares after five trading days preceding the last "day to trade", you will not be entitled to the dividend. This is because the JSE Securities Exchange South Africa follows a rolling five-day settlement. This means a trade is settled five business days after it was entered into.
What is the meaning of the "Record date"?
It is the date at which those shareholders whose names appear on the register will be entitled to the dividend that has been declared.
What is the meaning of "Last Day to Trade"?
This is the last day on which investors may buy shares in order to qualify for the dividend that has been declared but not yet paid.
What is the meaning of "Payment date"?
This is the date on which the dividend is paid to those shareholders whose names appear on the company's register at the close of business on the record date.