Chief executive Dominic Sewela said that the dividend was issued to allocate capital. Sewela said Barloworld would have preferred share buy-backs, but the group was unable to do this as it was trading under a cautionary announcement.
However, gearing would increase following the acquisition in Mongolia.
Normalised headline earnings a share, including Avis Fleet, which has been put up for sale, increased 1.4percent to 1167c in a tough environment and many once-off costs during the period. The increase was well below the 18 and the 16percent in 2018 and 2017 respectively.
Heavy equipment operations Equipment Southern Africa (sNA), Equipment Russia and the Bartrac JV performed well. The automotive division reported a strong performance. The logistics division's revenue and operating profit were down.