GROCERY and DIY wholesale group Spar decided not to declare an interim dividend for its latest half-year to the end of March, as its turnaround plan is still in the early stages.
Spar also did not declare an interim dividend last year.
“The group faced several challenges over the past year, leading the board to decide against declaring a dividend for the period ended 31 March 2024 [2023: 0.0 cents per share],” it said in a Sens results statement on Wednesday. – moneyweb.co.za