
South African tycoon Paul Hanratty-led Sanlam, declares $522.3 million dividend payout in 2024
Sanlam raises its dividend 11% to $522.3 million, driven by strong earnings, strategic partnerships, and solid growth in key African and Indian markets.
Sanlam raises its dividend 11% to $522.3 million, driven by strong earnings, strategic partnerships, and solid growth in key African and Indian markets.
Hanratty extends his term as Sanlam CEO until 2027, continuing to drive the company’s global expansion and strategic growth with significant contributions to financial performance.
With a wealth of experience and strategic leadership, Hanratty has propelled Sanlam to new heights.
As one of South Africa’s most affluent executives, Hanratty’s stake in Sanlam has surged by more than $3 million in just 52 days.
The surge in Hanratty’s stake can be attributed to the remarkable performance of Sanlam’s shares since the start of the year.