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When FirstRand makes money from lending, the board decides whether to hand some of that profit to sharehold…by @scandi_jse64 on $FSR

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Scandi64@scandi_jse64·MemberNeutral

When FirstRand makes money from lending, the board decides whether to hand some of that profit to shareholders as a dividend or keep it in the bank. If you own 100 shares and they decide to pay 50 cents per share, you get R50 in cash, simple as that.

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