Jupiter holds a 49.9% stake in the producing Tshipi manganese mine and has a growing track record of dividend payments.
The Tshipi operating company has just announced a R1.1bn distribution to shareholders, and Jupiter is expected to pass this on to its own shareholders, as it has done in the past.
Jupiter will receive R521mln from Tshipi net of withholding taxes, with additional income from the associated Tshipi marketing company.
"We are pleased to report that Jupiter continues to perform strongly,” said Red Rock chairman Andrew Bell.
“While this is not the formal announcement of a dividend by Jupiter, Jupiter on relisting in 2018 declared a dividend policy that would mean the distribution of most sums received from Tshipi.”