Sygnia lifts interim dividend as AuM top R460bn

Sygnia hiked its interim dividend by nearly a quarter after reporting double-digit growth in assets under management (AuM) and administration, revenue and earnings for the six months ended 31 March 2026.

Assets under management and administration rose 13.6% to R460.8 billion, from R405.6 billion a year earlier.

Read:
Magda Wierzycka’s alarming Davos insights on AI, global power shifts and market risk
Magda Wierzycka on reimagining SA venture capital

Revenue increased 24.3% to R616.1 million, while profit after tax climbed 25.1% to R216 million.

Basic and headline earnings per share rose 22% to 138.1 cents, compared with 113.2 cents in the corresponding period last year. Diluted earnings and diluted headline earnings per share increased 21.7% to 136.2 cents.

The group declared an interim gross dividend of 122 cents per share, up 24.5% from 98 cents previously.

Sygnia CEO Magda Wierzycka notes that the results reflect continued growth across the group’s operations, with the increase in assets under management and administration supporting stronger revenue generation and higher profitability during the period.

Looking ahead, the group’s aim is to grow organically and, “potentially, through acquisitions”,  she adds.

“We are increasingly exploring and cautiously implementing AI strategies across the group. We see our staff as our ambassadors and technology as an enabler. The efficiency of doing business has already increased, but the productivity gains are yet to emerge.”

Sygnia share price