The dividend payable for MOB is shown as ZARc 6.05 The ZAR is the international code for our local currency. The c indicates cents. This means the dividend is 6.05 cents per share paid in local currency. Compare this to AGL where the dividend is declared in USDc. Wishful thinking if you think the dividend is R6.05 for a share that cost 119c. Aint that easy.
Ord. shares of 1c each,indicates the nominal share capital value that FSR placed on their shares at the time of listing.The price paid by the public ,subscribing for their shares at the time of floating the Coy. on the JSE, would have been greater than 1c,and that diff. is called the share premium.