First Mutual Holdings Declares US$650k Interim Dividend

 

First Mutual Holdings Limited has declared an interim dividend of US$650,000 from the company’s profits for the six months ended June 30, 2025.

The dividend will be paid in a dual-currency structure, reflecting the company’s operations in both United States Dollars and the local currency, ZWG.

Dividend Breakdown

Of the total declared amount, US$520,000 will be paid in USD, translating to US$0.071 cents per share, while the remaining US$130,000 will be paid in ZWG, equivalent to ZWG$0.479 cents per share.

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Key Dates for Shareholders

The dividend will be paid to shareholders on or about November 14, 2025. To qualify, shareholders must be registered at the close of business on the record date, November 7, 2025.

Trading on the Zimbabwe Stock Exchange will follow the schedule below:

  • Shares will trade cum-dividend (with dividend entitlement) up to the close of business on November 5, 2025.
  • Shares will trade ex-dividend (without dividend entitlement) from November 6, 2025.

ZIMRA’s applicable shareholders’ tax will be deducted from the gross dividend amounts.

First Transfer Secretaries (Pvt) Ltd, located at 1 Armagh Avenue, Eastlea, Harare, will handle the transfer secretarial duties.

First Mutual Holdings Limited operates across multiple sectors, including life and health insurance, reinsurance, savings, and property investment.

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