Richemont sets ZAR 19.82/CHF exchange rate for JSE dividend payout
Reuters2026/09/09 10:41- Richemont set a CHF 3.3 ordinary dividend per ‘A’ share for 2026, alongside a CHF 1 special dividend.
- Swiss withholding tax of 35% implies net CHF 2.15 ordinary, net CHF 0.65 special per ‘A’ share.
- JSE dividend conversion rate fixed at ZAR 19.82 per CHF 1 for South African ‘A’ shares.
- South African dividends tax set at 5% for non-exempt holders, reflecting a credit for Swiss withholding tax.
- JSE shares go ex-dividend Sept. 16, 2026; record date Sept. 18; payment date Sept. 28.
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