Thursday, June 21, 2012

DIVIDEND YIELD

Finweek has recently published the JSE's top performers and I think it is interesting to have a look at the companies with the highest dividend yields. 

Investopedia defines dividend yield as the percentage of dividend paid out in relation to the share price. I.e. Annual Dividends/Price per Share. 

Brait  is an international investment group. It structures, raises and manages investment funds. Its current share price is R26.46, up 58% in the past year. Rock Capital's Fundamental Value on this share is R39.33.

Fairvest is a property investment holding company. Their share price has increased 8% in the last year.

Chrometco is a company involved in the exploration of mineral resources with a share price of 22c.

ISA is an investment holding company listed on the AltX, they provide network, internet and information security solutions. Their share price increased with 4% over the past year.


Sources: Standard Bank Securities, Finweek 28 June 2012 Appendix JSE Top200 Page 16 and Investopedia

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