During its 65th Board meeting held on 11 June 2014, the ZCCM-IH Board approved the Company’s dividend policy. In approving dividends, the ZCCM-IH Board considers this policy which is underpinned on the following general principles:
- The company may pay at least 20% of the realised profits for a particular financial year;
- The company may pay a dividend in a financial year when conditions for declaring a dividend are met; and
- All dividend declarations will take into account the company’s free cash flow and investment needs.
The following table shows the Company’s five-year dividend declaration history: