This week (w/c 13th January 2019), 3 companies declared dividends, 2 with a yield of over 2% on the Johannesburg Stock Exchange
These include:
Astral Foods Limited: A holding company for a group of companies that provide agri-poultry products and services. The Group produces animal feeds, animal feed pre-mixes, broiler chick genetic breeding, and broiler chick operations. They have declared a dividend yield of 2.7%.
Reunert Limited: The holding company for a group of companies which operate in the electronics and low-voltage electrical engineering industries. The Group distributes office automation equipment and systems, cellular products, defense electronics, and asset-tracking systems. Reunert produces communications cables and power cables. Reunert also offers financial services.They have declared a dividend yield of 5.5%.
Rhodes Food Group Holdings Limited: Working in the production of convenience meal solutions in fresh, frozen and long life product formats. The Company’s operating segments include Regional and International. It also manufactures fresh and frozen ready meals, pastry-based products, canned jams, canned fruits, canned and bottled salads and vegetables, canned meat, fruit purees and concentrates, juice and juice products and dairy products. Its geographical segments include Republic of South Africa and Kingdom of Swaziland. They have declared a dividend yield of 1.2%.
For information on our dividend forecast data for this and other exchanges please contact our team.