Alexforbes raises interim dividend 9% as operating income grows

ALEXFORBES raised its interim dividend 9% after solid performances across its corporate, investments, retail and growth market segments.

- EDWARD WEST

ALEXFORBES, a JSE-listed financial services group, to mark its 90-year milestone, has launched a free e-book designed to build early money skills among children aged 7-9. The book is a present to South Africa's parents, grandparents and teachers to help them connect children to the principles of financial literacy, said Alexforbes' CEO Dawie de Villiers.

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"We brought stability and confidence to our clients by anchoring our propositions on the delivery of best advice. Our advice allays fears, creates clarity of thought and helps clients make better decisions. It's the role that Alexforbes has played for 90 years and will continue to do so," said the CEO Dawie de Villiers.

On the JSE on Monday morning, Alexforbes' share price fell 2.22% to R8.35 after the release of the results, a price that was 11% higher over a year.