PBT Group Limited: the Zero brokerage-rated shares!

The zero brokerage-rated shares on EasyEquities

PBT Group is one of the companies featured in our July 2023 dividend update that paid a dividend payout consisting of two payments: an ordinary dividend and a capital reduction distribution.

PBT Group provides data and analytics solutions and services that capitalise on data-driven insights, to make well-timed, intuitive business decisions that consistently position their clients ahead of the curve. PBT Group takes ownership of clients’ challenges – transforming their data into tangible assets that greatly assist in streamlining operations as well as their predictive and analytical capabilities.

Financials

For the 2023 financial year, PBT Group's revenue was up 12% to R1.1 billion, and Earnings before interest, taxation, depreciation, and amortization (EBITDA) grew by 2.5% to R142.0 million. "We continue to generate healthy cash flows, enabling us to declare a final ordinary dividend of 33 cents per share for a total FY2023 ordinary dividend of 58 cents per share." View the full results here.

PBT Groups' most recent dividend payout was R0.33 per share as a R0.165 ordinary dividend and a R0.165 capital reduction. This was paid on 24 July 2023, where Investors received both the capital reduction and ordinary dividend collectively.

On EasyEquities, since the beginning of the year, investors have received nearly R1 million in dividends from PBT Group Limited. 

PBT Group is listed on the Johannesburg Stock Exchange, and PBT shares are exclusively available on EasyEquities at zero brokerage, where investors are refunded their brokerage costs when buying or selling the shares.

"This is a great initiative from PBT Group Limited to zero-rate the brokerage for clients purchasing their shares, making investing even more affordable for EasyVSTRs on the EasyEquities platform. It sets a positive example for other listed companies to follow," said Bradley Leather, VP of Partnerships at EasyEquities.