Local beer maker Namibia Breweries Limited on Friday paid out a massive N$26,35 per share dividend to its shareholders, with its chairperson Sven Thieme receiving over N$1 billion.
Thieme effectively holds 20,09% in the entity.
This grand payout comes after almost two years without a dividend, after the company put payments on hold pending a buyout approval.
Heineken was buying out the O&L Group in the holding company, for an undisclosed billion-dollar figure.
The dividend payout was declared and announced last month, and cost the company N$5,4 billion spread over its 1 423 shareholders.
This includes at least 1 255 individuals, 29 Trusts, 32 nominee companies and 32 corporations, including pension funds.
The Government Institutions Pension Fund, which holds 14,5%, walked away with at least N$789 million.
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