EasyResearch Weekly Dividends Update

Payday after payday, several companies are gearing up to announce earnings and dividend payments, with upcoming last trade dates. Historically, beating market expectations has often resulted in a share price increase.

Procter & Gamble Company: A global consumer goods giant known for household brands, is expected to report higher earnings and pay dividends, with the LDT (last date to trade) this week.

Freeport-McMoRan Inc.: A global mining company specializing in copper and gold production, and Abbott Laboratories, a global healthcare company focused on medical devices, nutrition, and diagnostics, also have upcoming LDTs and are expected to report slightly higher earnings.

• Other companies set to announce quarterly earnings include Netflix, TSMC, and ASML. Some of the world's largest financial firms, like Morgan Stanley, Citigroup, Bank of America, and Goldman Sachs, are also reporting. They are expected to maintain their current dividend payments for the next three quarters before potentially increasing them.

In the local market, financial firms such as Discovery Limited and Capitec Bank Holdings Limited are set to pay dividends that have increased by 38% and 36%, respectively.

Special income is also on the way, as AVI Limited and OUTsurance Group Limited will be paying both special and ordinary dividends!

Additionally, several ETFs (exchange-traded funds) from Satrix and 10X Investments will be paying dividends, with upcoming last trade dates.

South Africa 

Discovery Limited will be paying R1.52 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

Capitec Bank Holdings Limited will be paying R20.85 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

OUTsurance Group Limited will be paying R1.53 (R1.13 ordinary and R0.40 special) per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

Old Mutual Limited will be paying R0.34 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

Safar Investment Limited will be paying R0.17 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

SA Corporate Real Estate Limited will be paying R0.12 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

Momentum Group Limited will be paying R0.65 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

AVI Limited will be paying R6.68 (R3.88 Ordinary and R2,80 Special) per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

Growthpoint Properties Limited will be paying R0.58 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

RCL Foods Limited will be paying R0.35 per share. 

• Last trading date - 15 October 2024
• Payment date – 21 October 2024

United Kingdom

Persimmon PLC will be paying £0.20 per share.

• Last trading date - 16 October 2024
• Payment date - 08 November 2024

Spirax Group PLC will be paying £0.47 per share.

• Last trading date - 16 October 2024
• Payment date - 15 November 2024

Smiths Group PLC will be paying £0.30 per share.

• Last trading date - 16 October 2024
• Payment date - 22 November 2024

American

Freeport-McMoRan Inc will be paying $0.15 ($0.075 ordinary cash and $0.075 variable cash) per share.

• Last trading date - 14 October 2024
• Payment date - 01 November 2024

Abbott Laboratories will be paying $0.55 per share.

• Last trading date - 14 October 2024
• Payment date - 15 November 2024

AbbVie Inc will be paying $1.55 per share.

• Last trading date - 14 October 2024
• Payment date - 15 November 2024

Revvity Inc will be paying $0.07 per share.

• Last trading date - 17 October 2024
• Payment date - 08 November 2024

Colgate-Palmolive Co will be paying $0.50 per share.

• Last trading date - 17 October 2024
• Payment date - 15 November 2024

Procter & Gamble Company will be paying $1.00 per share.

• Last trading date - 17 October 2024
• Payment date - 15 November 2024

GE HealthCare Technologies Inc will be paying $0.03 per share.

• Last trading date - 17 October 2024
• Payment date - 15 November 2024

CVS Health Corporation will be paying $0.66 per share.

• Last trading date - 18 October 2024
• Payment date - 01 November 2024

Caterpillar Inc will be paying $1.41 per share.

• Last trading date - 18 October 2024
• Payment date - 20 November 2024

Gladstone Investment Corporation will be paying $0.08 per share.

• Last trading date - 21 October 2024
• Payment date - 31 October 2024

Gladstone Land Corp will be paying $0.04 per share.

• Last trading date - 21 October 2024
• Payment date - 31 October 2024

Dell Technologies Inc will be paying $0.44 per share.

• Last trading date - 21 October 2024
• Payment date - 01 November 2024

With the festive season approaching, tourists head to holiday destinations, presenting a market opportunity as money flows into the tourism sector.

Last week, the South African Reserve Bank (SARB) kept the repo rate at 8.25% for the seventh consecutive meeting in July 2024, as expected. Two policymakers favoured a 25 basis point cut. 

The year 2024 is poised to become a landmark moment in history, with over 2 billion people worldwide preparing to cast their votes in elections spanning countries like the US, India, the European Union, Mexico, and South Africa, as highlighted by the World Economic Forum.