ZCCM-IH RECORDS REDUCTION IN DIVIDEND PAYOUT

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ZCCM-IH RECORDS REDUCTION IN DIVIDEND PAYOUT

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The Zambia Consolidated Copper Mines Investment Holdings-ZCCM-IH has revealed that it made a total final dividend payout of 98 million kwacha in 2018 representing a reduction of 26 per cent in distributable profits.

 

A one hundred and thirty-five million kwacha dividend payout was made in 2017 representing 35 per cent of distributable profits.

 

Speaking at the 2018 annual report, zccm-ih chief financial officer Chilandu Sakala, however, says the institution has embarked on strategic objectives aimed at achieving significant capital investments.

 

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