Cape Lambert Resources
South African miner Exxaro is on its move to takeover African Iron (AKI) after the ASX-listed company's major shareholder Cape Lambert Resources (CFE) accepted the offer of the bidder.
Shares of Australian-listed company African Iron (AKI) climbed by 14 cents or 35 per cent to 54 cents after it announced that it signed a Takeover Bid Implementation Agreement (TBIA) with South African miner Exxaro Resources for a takeover for all of African Iron's shares.
Read up on the dividend history for CAPE LAMBERT IRON ORE LTD. Dividends are payments made by a public company to its shareholders. It is a portion of corporate profits paid out to stockholders. You are eligible to receive CFE dividends if you own the CAPE LAMBERT IRON ORE LTD shares on the ex-dividend date. Investors and traders must purchase the stock before the exdividend date to be entitled to the dividend. The previous owner of the shares will receive the CFE dividend if you buy the stocks on or after the ex dividend date.
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