On 23 May 2023, Datatec Limited declared a final dividend for fiscal 2023 of ZAR 195 cents per share equivalent to 10.0 US cents per share, in total USD 22.5 million, with the customary form of a cash dividend with a scrip distribution alternative. This dividend was calculated by normalizing fiscal 2023 underlying earnings per share by excluding all share-based payment charges and applying the Group's dividend cover policy of three times to underlying earnings. The directors of the company notified Shareholders that it had resolved to declare a gross final cash dividend of 195 ZAR cents per Datatec ordinary share held on the record date, being 14 July 2023.