The group's dividend is set with reference to underlying core operating earnings taking cognisance of the need to (i) balance capital and legislative requirements, (ii) retain earnings and cash flows to support future growth, and (iii) provide a sustainable dividend for shareholders. Subject to consideration of the above, the targeted dividend cover based on underlying core operating earnings is between 2,0 and 2,5 times. The interim dividend is targeted as 40% of the previous year's full dividend.

Dividends are normally paid semi-annually in April and September. They are declared and paid out in SA rands.