South African billionaire Michiel Le Roux , founder of Capitec Bank, is set for a 20.08 million payday after the lender declared an interim dividend on the back of stronger earnings and customer growth.
Capitec, based in Stellenbosch, announced a dividend of R3.04 billion 176.9 million for the six months ending Aug. 31, 2025, a 26 percent increase from the prior year. The payout, to be drawn from retained earnings of R47.76 billion 2.76 billion, will give shareholders R26.2 1.53 per share, with distribution scheduled for Oct. 27.
Le Roux, who served as Capitecs chief executive and later chairman, remains its single largest individual shareholder with 13.19 million shares, or 11.36 percent of the company. His stake means he will receive R345.66 million 20.08 million, up from the R275.01 million 15.95 million he collected from last years interim dividend.