Cervejas de Moçambique, recognised as one of the country's most important companies and part of the Belgian group AB InBev, has recently announced its decision to distribute more than three million euros in dividends to its shareholders, in respect of 2022.
According to the Lusa news agency, the company will pay, on 15 December, a gross amount of 1.38 meticais per share, covering the total of 158,533,230 shares that make up its share capital. This payment represents an overall amount of more than 218.7 million meticais, equivalent to approximately 3.4 million dollars.
It should be noted that the dividends will be awarded to holders of shares registered up to 31 December 2022. They will be subject to a withholding tax rate of 10%, applicable under the corporate income tax (IRPC) and personal income tax (IRPS) rules. This decision was taken at an extraordinary general meeting of the company, held on 20 October.
Cervejas de Moçambique, which ranks as the country's sixth-largest company, was founded on 1 August 1995, following the privatisation of the MacMahon and Manica breweries, located in Maputo and Beira respectively. The company, which includes historic brands such as Laurentina (created in 1932) and 2M, acquired in 2022, has as its main activity the production, distribution and sale of beer and other beverages.
In Cervejas de Moçambique's share capital, the ABInBev group holds a majority stake of 83.01%, alongside the Mozambican State, which holds a 1.37% share, and the National Social Security Institute, with 2.6%, among other shareholders.
