Markets
South Africa's Nedbank restores dividend, reports 147% profit leap
- The bank said its headline earnings per share - the main profit measure in South Africa
JOHANNESBURG: South African lender Nedbank returned to dividends on Wednesday, declaring an interim payout of 433 cents as it also reported an already-flagged 147% rise in half-year profits.
The bank said its headline earnings per share - the main profit measure in South Africa - for the six months to June 30 stood at 1,084 cents, compared to the 438 cents it reported a year earlier.
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