We've completed the first half of 2024 and are now gearing up for Durban July 🏇, Dezemba 🍾, and Januworry 😵💰.
Investing in companies that pay dividends and are eligible to be used as collateral could be advantageous during these months (December and January). Such investments allow investors to access capital without selling their shares and provide passive income through cash dividends! This week's update includes JSE-listed shares that can be used as collateral for a loan on EasyEquities.
“By focusing on delivering value to our customers, the group has strengthened its market position, as evidenced by gaining market share for 7 consecutive months at better margins.” - Mr Price Group Limited.
“The next reporting cycle will mark the first 6-month period under new leadership with the first green shoots of our turnaround efforts expected to emerge.” - Tiger Brands Limited.
The next dividend payout from Stor-Age Property & Mr Price Group is likely to be in December (interim), and Tiger Brands' final dividend is expected by January next year.
Furthermore, Super Group SGHC Limited, the parent company of Betway (a platform popularly known for sports ⚽️, horse racing 🐎 betting, and other casino games like Aviator 🎰), will be paying its first-ever dividend. The company intends to pay shareholders regularly starting in 2025.
Additionally, Cricut Inc. (American) and GrainCorp Ltd. (Australian) will pay special and ordinary cash dividends.
South Africa
Mr Price Group Limited will be paying R5.26 per share.
Tiger Brands Limited will be paying R3.50 per share.
Novus Holdings Limited will be paying R0.50 per share.
Stor-Age Property REIT Limited will be paying R0.56 per share.
United Kingdom
Next PLC will be paying £1.4 per share.
Australia
Graincorp Limited will be paying AU$0.24 (AU$0.14 Ordinary and AU$0.10 Specia) per share.
Collins Foods Ltd will be paying AU$0.15 per share.
American
Cricut Inc will be paying $0.50 ($0.10 Ordinary and $0.40 Special) per share.
United Micro Electronics will be paying $0.46 per share.
Republic Services Inc will be paying $0.53 per share.
Comcast Corp will be paying $0.31 per share.
AECOM will be paying $0.22 per share.
Campbell Soup Co will be paying $0.37 per share.
Thor Industries Inc will be paying $0.48 per share.
American Express Company will be paying $0.70 per share.
Invesco Mortgage Capital Inc will be paying $0.40 per share.
General Dynamics Corporation will be paying $1.42 per share.
JPMorgan Chase & Co will be paying $1.15 per share.
Bristol-Myers Squibb Company will be paying $0.60 per share.
Cisco Systems Inc will be paying $0.40 per share.
Roper Technologies Inc will be paying $0.75 per share.
Super Group SGHC Limited will be paying $0.10 per share.
Main Street Capital Corporation will be paying $0.24 per share.
Mastercard Inc will be paying $0.66 per share.
New York Times Co will be paying $0.13 per share.
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