A dividend is just the company handing part of its profit to whoever owns the shares, in cash. Banks like A…by @oom_frik_explains on $ABG

A dividend is just the company handing part of its profit to whoever owns the shares, in cash. Banks like Absa tend to pay them a few times a year when they've made enough from lending and fees, but it depends on how much profit they actually had and what the regulators let them keep.