GREYSTONE PARTNERS DECLARES E6.8 MILLION ANNUAL DIVIDENDS


  • The investment company is one of the best-performing companies on ESE as it has grown by 215% since listing where it traded for E1.00, and currently trades at E3.15 today.
  • Greystone Partners is 100% owned by EmaSwati and has investments in local companies such as ESRIC

Greystone Partners, an investment holding company listed on the Eswatini Stock Exchange (ESE) has declared an annual dividend of E6.8 million to its shareholders for the 2021 financial year.

Greystone Partners is 100% owned by EmaSwati and has investments in companies such as the Eswatini Royal Insurance Corporation (ESRIC), Alliance Foods, Ngwane Mills, Lojarf, Orchard Insurance, SBC, and General Africa Foods. The investment company in a press release notes that it is one of the best-performing companies on ESE as it has grown by 215% since listing where it traded for E1.00, and currently trades at E3.15 today.

The company states that apart from its stellar financial performance, they are largely focused on developing the local economy. “Greystone’s focus is to promote economic development and social welfare advancement for all stakeholders of the Eswatini economy. Collectively, the Greystone group of companies employs just under 2,000 individuals and will continue to support job creation  as the respective portfolio of companies continue to grow. Moreover, Greystone’s portfolio companies are committed to developing local supply chains, to sustainably source goods and services locally’ notes the investment company.

Moreover, Greystone says that one of the reasons the company has continued to grow is because it offers an elusive private equity class that has high growth and cash generating potential with returns that are typically uncorrelated to the listed equity or other asset classes. The company believes that this is important in enabling portfolio enhancement and diversification benefits to institutional investors and retail investors. The company has track record of eleven years (11) in creating value for shareholders in the form of capital appreciation.


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