eBusiness Weekly
Business Writer
Farm implements producer, Zimplow Holdings, has declared a dividend of RTGS$0,0042 per share for the year ended December 31, 2018.
The dividend would be paid to ordinary shareholders.
In a statement, Zimplow said: “Notice is hereby given that the board of directors of Zimplow Holdings Limited has declared a final dividend of RTGS$0,0042 per share payable in respect of all issued ordinary shares of the company.
“The dividend is in respect of the year ending December 31, 2018 and will be payable in full to all shareholders of the company registered at the close of business on April 12, 2019.”
Dividend payment will take place on or about April 26.
The board of directors said the company’s shares will be traded cum dividend on the Zimbabwe Stock Exchange up to the market day of April 9 and ex-divided as from April 10.
Zimplow makes farm implements such as ploughs, harrows, planters, cultivators, hoes, and shovels among others.
The company is also a specialist in animal traction technology and its main equipment brand is the Mealie Brand.
Other divisions include C.T.Bolts and Tassburg.
Founded in 1939, the company has 300 employees and is head-quartered in Bulawayo.
