Spar shareholders might still be waiting for a dividend, but with a strategic retreat from Europe and a renewed focus on local markets, there’s hope for payouts by 2026—if it can navigate the consumer pressure back home.
There is still no dividend for Spar shareholders, almost three years after the last payout. But the tide may turn by the end of 2026.
Spar chief financial officer Reeza Isaacs told Daily Maverick this week that while no dividend had been declared for the interim period, the company was modelling scenarios to possibly resume payouts within the next 18 months.
“We were a dividend-paying share,” Isaacs said, “and I think our investors expect us to get back to paying dividends.”
Spar is retreating to familiar territory after burning a few bucks in Europe and is preparing to face a battered consumer back home.
