Absa Bank interim results June 2018
Net interest income for the interim period increased to R14.9 billion (2017: R14.5 billion). Operating profit before income tax dipped to R5.8 billion (2017: R6.5 billion). Profit attributable to ordinary equity holders came to R4 billion (2017: R4.5 billion). Furthermore, headline earnings per share was 925.7 cents per share (2017: 1 109.4 cents per share).
Declaration of preference share dividend number 25
Notice is hereby given that preference dividend number 25, equal to 70% of the average prime rate for 1 March 2018 to 31 August 2018, per Absa Bank preference share has been declared for the period 1 March 2018 to 31 August 2018. The dividend is payable on Monday, 17 September 2018, to shareholders of the Absa Bank preference shares recorded in the Register of Members of the Company at the close of business on Friday, 14 September 2018.
Based on the current prime rate, the preference dividend payable for the period 1 March 2018 to 31 August 2018 would indicatively be 3 542.67 cents per Absa Bank preference share.