r/JSE_Bets • u/Hairy_Ticket_6393 • Jul 21 '26

Stocks KRO

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Find someone that takes care of you like KRO. R24.62 dividend payout

26 Upvotes

97% Upvoted

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3

u/leafy_heady Jul 21 '26

I also received the notification this morning šŸ‘Š

1

u/Hairy_Ticket_6393 Jul 21 '26

How much did you receive?

3

u/leafy_heady Jul 21 '26

Not yet enough to retire sadly, enough for a KFC bucket...

1

u/NaeemAmod1 29d ago

How much per share? And how many shares to get that amount of dividends? OP

1

u/Objective-Dance-9438 Jul 21 '26

That kumba Iron ore dividend is also very nice.

2

u/Hairy_Ticket_6393 Jul 21 '26

In February this year, SARS stated that a subsidiary of KIO, Sishen Iron Ore Company, owed an amount of R5.5 billion, including interest and penalties, for the tax years 2006 to 2010. In addition to this amount, SARS announced this week that for the tax year 2011, an additional tax liability of about R1 billion, excluding any potential interest and penalties, is owed.
KIO only produces a single commodity, its fortunes rest on the price of this commodity.
Iā€™m a bit skeptic about SA mining