South Africa’s Altron declares $30 million special dividend after profit surge

Altron, one of South Africa’s largest homegrown technology groups, has handed investors one of its biggest rewards yet after a sharp profit jump allowed it to declare a R500 million ($30.5 million) special dividend.

The Johannesburg-listed technology company on Monday reported a 25% rise in operating profit to R1.2 billion ($73.5 million) for the financial year ended February 28, 2026,…