EasyResearch Weekly Dividends Update

Last week, Altvest launched its IPO (exclusively available on EasyEquities) and will be listing on the JSE. The company aims to provide retail investors with access to exclusive, high-quality investment opportunities in SMEs and alternative assets that were previously reserved for institutions and the wealthy.

The offer includes Ordinary Shares (long-term growth), A Shares (Umganu Lodge), B Shares (Bambanani Family Group), and C Shares (Altvest Credit Opportunities Fund for SMEs).

Webjet Limited, a leading digital travel organization operating market-leading travel brands and travel tech businesses, is proceeding with its demerger. It will create two independent businesses: WEB Travel Group (renamed Webjet Limited ‘Webjet B2B’) and Webjet B2C.

• The last day to participate in this event is this week, after which Webjet Limited shareholders will receive one Webjet B2C share.

Among dividend-paying companies, Flight Centre Travel Group Limited (a leading travel and leisure company) is included in this week's update. 

Main Street Capital Corp, a business development company that provides debt and equity capital to lower middle-market companies, will be paying a second dividend after paying its monthly dividend last week.

• Gladstone Investment, a business development company, and Gladstone Land, a REIT (Real Estate Investment Trust) focused on net-lease agricultural properties, also pay monthly dividends. The last day to buy shares that qualify for the September dividend is this week.

EasyProperties recently launched its latest property, The Tungsten, a premier high-density residential development in Sandton. The prime location, luxury amenities, and advanced security increase the potential for strong rental demand and steady income for investors.

Here's this weeks update 👇

South Africa 

Adcock Ingram Holdings Limited will be paying R1.50 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Thungela Resources Limited will be paying R2.00 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Grindrod Limited will be paying R0.23 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Discovery Limited will be paying R5.85 per preference share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Grindrod Limited will be paying R5.16 per preference share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

PPC Ltd will be paying R0.33 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Transpaco Limited will be paying R1.60 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

Santam Limited will be paying R5.35 per share. 

• Last trading date - 17 September 2024
• Payment date – 23 September 2024

South32 Limited will be paying $0.03 per share. 

• Last trading date - 17 September 2024
• Exchange rate date - 16 September 2024
• Payment date – 17 October 2024

Compagnie Financiere Richemont SA will be paying Fr0.02 per share. 

• Last trading date - 18 September 2024
• Exchange rate date - 11 September 2024
• Payment date – 30 September 2024

United Kingdom

IG Group Holdings Plc will be paying £0.32 per share.

• Last trading date - 18 September 2024
• Payment date - 17 October 2024

Unite Group Plc will be paying £0.12 per share.

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

Australian

Cochlear Ltd will be paying AU$2.10 per share.

• Last trading date - 16 September 2024
• Payment date - 10 October 2024

Service Stream Limited will be paying AU$0.02 per share.

• Last trading date - 17 September 2024
• Payment date - 04 October 2024

Flight Centre Travel Group Limited will be paying AU$0.30 per share.

• Last trading date - 17 September 2024
• Payment date - 17 October 2024

NRW Holdings Ltd will be paying AU$0.09 per share.

• Last trading date - 18 September 2024
• Payment date - 09 October 2024

Macmahon Holdings Ltd will be paying AU$0.006 per share.

• Last trading date - 18 September 2024
• Payment date - 11 October 2024

South32 Ltd will be paying $0.03 per share.

• Last trading date - 18 September 2024
• Payment date - 17 October 2024

Inghams Group Ltd will be paying AU$0.08 per share.

• Last trading date - 19 September 2024
• Payment date - 09 October 2024
  
  

American

Lamar Advertising Co will be paying $1.40 per share.

• Last trading date - 17 September 2024
• Payment date - 30 September 2024

Salesforce Inc will be paying $0.40 per share.

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

Broadcom Inc will be paying $0.53 per share.

• Last trading date - 18 September 2024
• Payment date - 30 September 2024

Hewlett Packard Enterprise Company will be paying $0.13 per share.

• Last trading date - 18 September 2024
• Payment date - 18 October 2024

Main Street Capital Corporation will be paying $0.24 per share.

• Last trading date - 19 September 2024
• Payment date - 27 September 2024

Gladstone Investment Corporation will be paying $0.08 per share.

• Last trading date - 19 September 2024
• Payment date - 30 September 2024

Gladstone Land Corp will be paying $0.04 per share.

• Last trading date - 19 September 2024
• Payment date - 30 September 2024

International Flavors & Fragrances Inc will be paying $0.40 per share.

• Last trading date - 19 September 2024
• Payment date - 09 October 2024

Logitech International SA will be paying $1.36 per share.

• Last trading date - 20 September 2024
• Payment date - 25 September 2024

Seagate Technology Holdings PLC will be paying $0.70 per share.

• Last trading date - 20 September 2024
• Payment date - 07 October 2024

STMicroelectronics NV will be paying $0.09 per share.

• Last trading date - 23 September 2024
• Payment date - 01 October 2024
  
  

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. 

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