Sygnia Limited is trading 5% down at $3230.00 following a sharp pullback from recent gains as investors position ahead of its upcoming dividend.
- The company recently declared a final dividend of R1.22, representing a 24% increase over the previous year.
- The ex-dividend date is set for June 24, 2026, which is triggering short-term profit-taking and price adjustments as the stock approaches the deadline.