South African billionaire Mouton family’s PSG Financial Services declares $50 million dividend payout

PSG Financial Services, a South African investment and financial services group founded and associated with the billionaire Mouton family, has announced a total dividend distribution of R811.53 million ($49.48 million) to shareholders for the financial year ended 28 February 2026. 

The payout reflects the group’s robust capital position and sustained earnings growth despite a challenging global and domestic operating environment.

The dividend underscores PSG’s consistent commitment to shareholder returns, supported by strong profitability, disciplined capital management, and a resilient advice-led business model spanning wealth, asset management, and insurance. The group continues to benefit from favourable market conditions, which boosted investment performance and fee-related income during the year.

Subject to the group’s dividend structure, PSG declared a total dividend of R0.65 ($0.0396) per share, comprising a final dividend of R0.45 ($0.0274) and an interim dividend of R0.2 ($0.0122). Based on 1.248 billion shares in issue, this translates into a total payout of R811.53 million ($49.48 million) for the full year. The dividend will be paid on May 112026, with shareholders on record as of 8 May 2026.

PSG’s strong earnings and AUM growth reinforce dividend capacity

PSG, with operations spanning wealth management, asset management, and insurance, delivered a solid annual performance driven by improved market conditions and sustained client inflows. The group reported a 34% increase in recurring headline earnings per share to 135.0 cents, alongside a return on equity of 31.7%, reflecting strong operational efficiency and capital discipline.

Assets under management rose 20% to R564.6 billion ($34.43 billion), with PSG Wealth contributing R480.9 billion and PSG Asset Management reaching R83.7 billion. PSG Insure’s gross written premium increased to R8.0 billion, highlighting steady growth across all key divisions.

Core income climbed 22% to R8.28 billion ($505 million), while earnings attributable to shareholders rose 36% to R1.74 billion, reinforcing the group’s earnings momentum. Performance fees also rose significantly, reflecting stronger investment market conditions during the period.

The group’s capital cover ratio remained strong at 260%, well above regulatory requirements, strengthening its financial credibility and liquidity position.

PSG Financial Services declares dividend

In recognition of its strong financial performance and capital position, the board of PSG Financial Services declared a final dividend of R0.45 per share, contributing to a full-year payout of R0.65 per share. The increase reflects improved earnings, strong cash generation, and confidence in the group’s long-term outlook.

The dividend highlights PSG’s continued focus on shareholder value creation while maintaining disciplined investment in technology, talent development, and infrastructure. The group continues to position itself for sustainable growth across its financial services platforms, leveraging its advice-led model to generate stable earnings and long-term returns for shareholders.