South Africa: Hefty Dividend From Cash-Flush Compu-Clearing

Johannesburg — SOFTWARE company Compu-Clearing Outsourcing is handing out a dividend of 25c to shareholders, making it one of the most generous payers for its size on the JSE, says chairman Arnold Garber.

The company was generating too much cash for its growth requirements, and with no acquisitions planned it was happy to hand back some of its R27,8m cash reserves to investors, Garber said yesterday.

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