Dis-Chem H1 Revenue Hits R23bn, Interim Dividend Declared

In Short

Dis-Chem Pharmacies Limited reported interim results for the six months ended 31 August 2026.

Revenue rose 8.0% to R23.0 billion.

The company declared an interim dividend of 25.62181 cents per share, payable on 23 November 2026.

What Happened: Dis-Chem Interim Results And Dividend

Dis-Chem said group revenue increased to R23.0 billion for the six months ended 31 August 2026, up from R21.3 billion in the comparable period.

The company reported earnings per share of 64.1 cents, down from 73.9 cents. Headline earnings per share were 64.3 cents, down from 73.8 cents.

Dis-Chem also declared a dividend of 25.62181 cents per share. In its interim results table, the company showed “dividend declared per share” of 25.62 cents, compared with 29.42 cents in the prior period.

Why It Matters

Dis-Chem’s results show revenue growth despite what it described as an environment where consumer spending “continues to be constrained.”

The company said revenue growth was “predominantly driven by the introduction of the Better Rewards programme,” even as it flagged “temporary price deflation across 45% of front shop retail sales.”

Investors also track earnings per share and headline earnings per share because they summarise profit per share, with headline earnings typically excluding certain one-off items.

The interim dividend gives shareholders a cash payout linked to the half-year performance, with a stated payable date of 23 November 2026.