Everything you need to know about dividends.
Unsure about your dividends? Haven’t received payment? Contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and we will be happy to assist you.

Dividends

General Trading Information

What is a dividend?

A dividend is a shareholder’s share of the profits of a company. For every share you own as a Phuthuma Nathi shareholder, you will receive a dividend if one is declared by the company. Dividends are declared by the board of directors from time to time depending on the financial position of the company. For more information, see our Integrated Annual Reports.

Dividends are only paid out of the profits of the company and are not guaranteed. You will receive a dividend if one is declared by the company.

Dividends are declared by the board of directors from time to time depending on the financial position of the company. You will be advised after the end of the financial year end and closer to time of the annual general meeting if a dividend is being proposed.

Phuthuma Nathi is listed on The Integrated Exchange (I-Ex). In line with the I-Ex Rules, Phuthuma Nathi works with the I-Ex’s Exchange broker, Singular Systems to pay you your dividends. Singular Systems will pay your dividends to the FICA verified bank account listed on your trading account.

Phuthuma Nathi shareholders must make sure that their banking details and FICA documents are up to date. If your details are outdated, your dividends cannot be paid to you. If your details have changed, please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and we will explain the necessary steps. For more information, see FAQ below.

If you are a company, in order to receive your dividends you must also submit your annual B-BBEE verification certificate for the relevant year to confirm that you meet Phuthuma Nathi’s B-BBEE criteria and may still. To submit your B-BBEE verification certificate please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays).

If you are a Phuthuma Nathi shareholder and have not received your dividends, it is possible that your bank account details or FICA details on record are incorrect or invalid. If your details are outdated, your dividends cannot be paid to you. Please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and we will assist you with updating your details. We take protection of your personal information seriously, so when you call, please be prepared to answer some security questions so that we can verify that we are speaking to the correct person.

Prefer emails? Email us at phuthumanathi@singularservices.co.za and we will assist you with your query.

Prefer to see us face-to-face? You can visit us in person at our Service Centre (administered by Singular Systems) at Singular Systems, 25 Scott Street, Waverley, Johannesburg 2090. Just be sure to bring along green bar-coded South African identity book or smart identity card, proof of address and a bank statement. Your bank statement must:

  • reflect at least your initials, surname and bank account number;
  • be stamped by the bank; and
  • not be older than 3 months.

Alternatively, log onto your account on the https://www.i-ex.co.za/ and follow the instructions.

General Trading Information

Who is Singular Systems?

Phuthuma Nathi has appointed a company called Singular Systems as its transfer secretary. This means that Singular Systems assists us with things like running the Phuthuma Nathi Call Centre, updating our share register, verifying that Phuthuma Nathi shareholders are eligible to hold shares under our rules, and assisting us with sending communications to you, our shareholders. If you have any queries about Phuthuma Nathi, please Contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and we will be happy to assist you.

Singular Systems is also the I-Ex’s Exchange broker. This means that they also work with the I-Ex to help people to buy shares listed on I-Ex. If you wish to trade or purchase Phuthuma Nathi Shares, Singular Systems is the company that will assist you. For more information, phone the Phuthuma Nathi Call Centre on 0860 116 226 and one of our consultants will assist you. Trading hours are Mon-Fri from 9am to 5pm (excluding public holidays).

Please call the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays). We take protection of your personal information seriously, so when you call, please be prepared to answer some security questions so that we can verify that we are speaking to the correct person.


Prefer emails? To change your banking details, fill out a verification form here : Verification booklet – Individuals; Verification booklet – Company; Verification booklet – Close Corporation; Verification booklet – Unincorporated entity/Stokvel and Verification booklet – Trust, and email it to us along with the required attachments at phuthumanathi@singularservices.co.za


Prefer to see us face-to-face? You can visit us in person at our Service Centre (administered by Singular Systems) at Singular Systems, 25 Scott Street, Waverley, Johannesburg 2090. Just be sure to bring along green bar-coded South African identity book or smart identity card, proof of address and a bank statement. Your bank statement must:

  • reflect at least your initials, surname and bank account number;
  • be stamped by the bank; and
  • not be older than 3 months.

Alternatively, log onto your account on the https://www.i-ex.co.za/ and follow the instructions.

In the unfortunate event that a loved one has passed away, their shares and dividends will be dealt with in accordance with their last will and testament. If the person did not have a will, their shares and dividends will be dealt with in accordance with Intestate Succession Act, 1987.

If you need any assistance with deceased estates, please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) for guidance about what documents are required for deceased estates.

Please note that for security purposes, our agents can only share information about the deceased person’s shares and dividends with authorised representatives or executors appointed to act on behalf of the estate. Agents will conduct full verification and will require documentary evidence in this regard.

Please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and one of our friendly agents will assist you. Please be prepared to answer some security questions so that we can verify that we are speaking to the correct person.

If you have unclaimed dividends, our Phuthuma Nathi Call Centre agents may also ask you to submit identification documents to them via email at phuthumanathi@singularservices.co.za. You can also deliver documents to us in person or via post at: Phuthuma Nathi, c/o Singular Systems, 25 Scott Street, Waverley, Johannesburg 2090.

General Trading Information

Can I reinvest my dividend?

No, this is a cash dividend which will be paid directly into your bank account. However, you can use your dividend when you receive it to buy more shares through the trading platform. Please contact the Phuthuma Nathi Call Centre on 086 011 6226 from 7am to 6pm Monday – Friday (excluding public holidays) and one of our friendly agents will assist you.

No. Shareholders are not entitled to receive interest on dividends. The Phuthuma Nathi board agreed to give MultiChoice the interest as a contribution towards operational costs of Phuthuma Nathi