Sygnia ‘weathers the storm’ to declare record dividend

Sygnia ‘weathers the storm’ to declare record dividend

2021-12-08 07:05:00 AM

Sygnia ‘weathers the storm’ to declare record dividend

Stock rallies as much as 7.6% after asset manager also reports record assets under management of R296.4bn for the year ended September

07 December 2021 - 23:25Sygnia’s share price rallied after the asset manager cofounded by Magda Wierzycka declared its biggest dividend yet after record annual profits.The Cape Town-headquartered firm’s results published on Tuesday show after-tax profit rose 16.9% to a record R240.9m for the year to end-September...

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