SAB Zenzele Kabili is one of South Africa's most talked-about BEE share schemes. The shares started trading on 28 May 2021 and the scheme is a follow up transaction from the largest FMCG (fast-moving consumer goods) BEE scheme, SAB Zenzele (the initial scheme) which was launched in 2010. It was established to facilitate broad-based black ownership in SAB through the scheme's shareholding in the global brewer Anheuser-Busch InBev ("AB InBev").
SAB Zenzele Kabili currently has over 13k shareholders on EasyEquities.
What's been moving the price?
Due to factors in the market, such as supply and demand, as well as local and global economic conditions, SAB Zenzele's share price is currently @ R39 per share as of writing. Like all shares, the scheme’s share price fluctuates based on these factors, including the actual performance of AB-InBev. Here are the 2022 full-year results and quarter results.
Dividends
Since SAB Zenzele is a direct shareholder of AB InBev, whenever AB InBev declares a dividend, SAB Zenzele Holdings will also receive a portion of the dividend based on the number of shares they hold. SAB Zenzele Kabili Holdings directors will then review their dividend income versus the budgeted expenses (operational costs, taxes, and loan repayments) before further declaring a dividend to their shareholders, who are the employees, public, and retailers.
A special dividend was recently declared at R0.45 per share; a payout higher than the first payout (with no payout made during the second half of 2022).
Invest in SAB Zenzele Kabili
SAB Zenzele Kabili shares are available to invest in on EasyEquities. As this option is only available to qualifying persons or businesses, the process to obtain access to trade in the SAB Zenele shares on the EasyEquities platform is a little different to the normal process. You can read how to invest in these shares here.
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