South Africa Dividend Tracker 2026: JSE Companies That Have Paid and What's Still Due

Last updated: April 24, 2026 | Reading time: ~10 minutes

South Africa's 2026 dividend season is well underway. Twenty JSE-listed companies have already paid ordinary dividends this year, with Standard Bank, Sanlam, FirstRand, and the JSE exchange operator itself among the names that have delivered cash to shareholders in April alone. Three more confirmed payments are still due before the end of the month.

This tracker covers South African-domiciled companies only. Foreign-domiciled JSE names — Anglo American, Mondi, NEPI Rockcastle — are excluded so the numbers reflect South African issuers specifically.

Quick summary:

• 20 South African companies have paid at least one 2026 dividend event so far.
• 3 more — Absa, Remgro, and Netcare — are confirmed and still due.
• South Africa deducts 20% Dividends Tax (DWT) at source before payment reaches shareholders.
• Many of these names pay twice a year, so the list will grow through H2.

> Track live South Africa market data on Mansa Markets, browse corporate action filings in the disclosures hub, or see how the JSE compares with other African exchanges on the markets page.

## Companies That Have Already Paid in 2026

All amounts are gross declared dividends per share in South African cents (cps) before the 20% Dividends Tax deduction. Shareholders receive 80% of the declared amount.

Notes on amounts: Declared amounts are sourced from JSE SENS announcements and company investor relations pages. Tiger Brands, Resilient REIT, and SA Corporate Real Estate amounts were not confirmed at the time of publication and are marked —. OUTsurance's 151 cps includes a 30.3 cps special component alongside the ordinary semi-annual. JSE Limited's 1,061 cps includes a 100 cps special dividend on top of the 961 cps ordinary dividend.

Capitec's preference-share dividend was also paid in March 2026. It is excluded from the ordinary share count above.

## Still to Be Paid

Remgro note: The 373 cps combines a 173 cps interim ordinary dividend with a 200 cps special dividend. The special component follows the disposal of Remgro's stake in British American Tobacco.

April still has two major payouts to clear — Absa's 850 cps bank dividend and Remgro's combined payout — before the month closes. Netcare's May payment is its second 2026 event, separate from the January final.

## What Stood Out This Season

Standard Bank led the banking pack. Its 878 cps interim dividend is one of the largest per-share cash payouts on the JSE this season. FirstRand raised its interim 18% year-on-year to 259 cps — a signal that South Africa's big banks are in comfortable capital positions.

Santam's 1,090 cps payout stands out for sheer size. The short-term insurer delivered strong underwriting results in 2025, and the full-year dividend reflects that.

Mpact cut its dividend sharply. The packaging group paid only 30 cps — down from 75 cps the previous year — citing a difficult economic backdrop. It is the clearest dividend cut in the April cohort.

OUTsurance added a special payout. The 151 cps total includes a 30.3 cps special component on top of the ordinary semi-annual, rewarding shareholders from excess capital rather than earnings growth alone.

JSE Limited paid a rare special. The exchange operator declared 961 cps ordinary plus a 100 cps special, bringing the total to 1,061 cps — one of the more unusual corporate actions from a market infrastructure company.

## Dividend Tax in South Africa

South Africa taxes dividends at 20% at source. This is deducted before the cash hits your brokerage account, so the declared amounts in the table above are gross — you receive 80% of whatever is declared.

A few practical points:

• Non-resident shareholders may face a different withholding rate depending on the applicable double tax treaty between South Africa and their country of residence.
• Retirement funds and certain exempt entities may qualify for full or partial DWT exemptions.
• Preference share dividends (such as Capitec's March payout) are taxed the same way as ordinary dividends unless a specific exemption applies.

If you are comparing JSE yields with yields from other African exchanges, factor in the 20% haircut when calculating your net return. A 6% gross yield becomes 4.8% after DWT.

## Big Names Not Yet Confirmed for 2026

The following companies are regular JSE dividend payers whose 2026 payment dates have not yet been announced or whose financial years have not closed:

• Capitec Bank — ordinary shares (the March payout was preference shares only)
• Vodacom Group — typically pays twice a year; dates pending
• MTN Group — large-cap with regional dividend complexities
• Naspers / Prosus — foreign-domiciled, excluded from this tracker but worth monitoring separately
• Discovery — pays annually; 2026 date not yet confirmed

This tracker will be updated as each company announces.

## FAQ

How many South African companies have paid dividends in 2026 so far?

Twenty South African-domiciled JSE companies have paid at least one ordinary dividend event in 2026 as of this update. Three more confirmed payments — Absa, Remgro, and Netcare — are still due before the end of May.

What is the dividend tax rate in South Africa?

South Africa applies a 20% Dividends Tax (DWT) deducted at source. The declared amount in SENS announcements is always gross. Your net cash payment is 80% of the declared figure.

Why do some companies appear twice?

A company paying dividends in January and again in April has made two separate 2026 payment events. Semi-annual payers like FirstRand, Standard Bank, and Netcare are common examples. Each payment appears separately in the table because the dates, amounts, and qualifying periods are different.

Are foreign-domiciled JSE companies included?

No. This tracker covers South African-domiciled companies only. That excludes names like Anglo American, Mondi, NEPI Rockcastle, and Sibanye-Stillwater, which are incorporated outside South Africa but listed on the JSE.

What is the ex-dividend date and why does it matter?

The ex-dividend date is the cutoff to qualify for the payment. If you buy shares on or after the ex-dividend date, you will not receive the declared dividend — the seller retains it. The payment date is typically two to three weeks after the record date.

## Sources

• JSE SENS announcements and company investor relations pages for FirstRand, Standard Bank, Sanlam, Santam, Absa Group, Remgro, ADvTECH, OUTsurance, Thungela Resources, Mpact, Old Mutual, African Rainbow Minerals, Netcare, Sea Harvest, JSE Limited, KAL Group, Pepkor Holdings, Shoprite Holdings, Woolworths Holdings, and SA Corporate Real Estate.
• EasyEquities monthly dividend lists for April 2026.
• South African Revenue Service guidance on Dividends Tax.

This tracker is for informational purposes only and does not constitute investment advice. Declared amounts and dates can change if companies amend payment schedules after publication.