Latest news with #JSE
Yahoo
6 hours ago
- Business
- Yahoo
Is It Smart To Buy RFG Holdings Limited (JSE:RFG) Before It Goes Ex-Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that RFG Holdings Limited (JSE:RFG) is about to go ex-dividend in just 3 days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. In other words, investors can purchase RFG Holdings' shares before the 2nd of July in order to be eligible for the dividend, which will be paid on the 7th of July. The company's next dividend payment will be R00.296 per share, on the back of last year when the company paid a total of R0.59 to shareholders. Based on the last year's worth of payments, RFG Holdings stock has a trailing yield of around 3.6% on the current share price of R016.42. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. RFG Holdings paid out 68% of its earnings to investors last year, a normal payout level for most businesses. A useful secondary check can be to evaluate whether RFG Holdings generated enough free cash flow to afford its dividend. It distributed 40% of its free cash flow as dividends, a comfortable payout level for most companies. It's positive to see that RFG Holdings's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for RFG Holdings Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. It's encouraging to see RFG Holdings has grown its earnings rapidly, up 20% a year for the past five years. Management appears to be striking a nice balance between reinvesting for growth and paying dividends to shareholders. With a reasonable payout ratio, profits being reinvested, and some earnings growth, RFG Holdings could have strong prospects for future increases to the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. RFG Holdings has delivered 9.1% dividend growth per year on average over the past 10 years. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. From a dividend perspective, should investors buy or avoid RFG Holdings? RFG Holdings's growing earnings per share and conservative payout ratios make for a decent combination. We also like that it paid out a lower percentage of its cash flow. RFG Holdings looks solid on this analysis overall, and we'd definitely consider investigating it more closely. While it's tempting to invest in RFG Holdings for the dividends alone, you should always be mindful of the risks involved. Our analysis shows 1 warning sign for RFG Holdings and you should be aware of this before buying any shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 hours ago
- Business
- Yahoo
Is It Smart To Buy RFG Holdings Limited (JSE:RFG) Before It Goes Ex-Dividend?
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that RFG Holdings Limited (JSE:RFG) is about to go ex-dividend in just 3 days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is an important date to be aware of as any purchase of the stock made on or after this date might mean a late settlement that doesn't show on the record date. In other words, investors can purchase RFG Holdings' shares before the 2nd of July in order to be eligible for the dividend, which will be paid on the 7th of July. The company's next dividend payment will be R00.296 per share, on the back of last year when the company paid a total of R0.59 to shareholders. Based on the last year's worth of payments, RFG Holdings stock has a trailing yield of around 3.6% on the current share price of R016.42. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to check whether the dividend payments are covered, and if earnings are growing. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. RFG Holdings paid out 68% of its earnings to investors last year, a normal payout level for most businesses. A useful secondary check can be to evaluate whether RFG Holdings generated enough free cash flow to afford its dividend. It distributed 40% of its free cash flow as dividends, a comfortable payout level for most companies. It's positive to see that RFG Holdings's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for RFG Holdings Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If earnings decline and the company is forced to cut its dividend, investors could watch the value of their investment go up in smoke. It's encouraging to see RFG Holdings has grown its earnings rapidly, up 20% a year for the past five years. Management appears to be striking a nice balance between reinvesting for growth and paying dividends to shareholders. With a reasonable payout ratio, profits being reinvested, and some earnings growth, RFG Holdings could have strong prospects for future increases to the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. RFG Holdings has delivered 9.1% dividend growth per year on average over the past 10 years. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. From a dividend perspective, should investors buy or avoid RFG Holdings? RFG Holdings's growing earnings per share and conservative payout ratios make for a decent combination. We also like that it paid out a lower percentage of its cash flow. RFG Holdings looks solid on this analysis overall, and we'd definitely consider investigating it more closely. While it's tempting to invest in RFG Holdings for the dividends alone, you should always be mindful of the risks involved. Our analysis shows 1 warning sign for RFG Holdings and you should be aware of this before buying any shares. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
IOL News
20 hours ago
- Business
- IOL News
Crookes Brothers reports record earnings amidst challenges in agribusiness sector
Crookes Brothers increased its revenue from continuing operations by 15% to R833.8 million in the year to March 31, 2025 after strong performances from its banana and property segments. Image: Supplied South African agribusiness Crookes Brothers has announced robust headline earnings of R64.9 million for the year to March 31, marking the highest annual earnings since 2014, following strong performances from its banana and property divisions. This was despite facing a myriad of challenges, including adverse weather conditions and operational setbacks, its directors said Friday. In reflecting on this performance, the company did announce a 24% reduction in its dividend to 150 cents a share. This decrease stems from the exclusion of once-off proceeds from the sale of its deciduous division in 2024, even as headline earnings surpassed the previous year's figures. Crookes Brothers' share price fell by 3.33% to R30.21 on Friday afternoon on the JSE. From continuing operations, revenue rose by 15% to R833.8m. A highlight was the property division's successful sale of shopping centre and filling station sites, contributing significantly to overall revenue stream. However, not all aspects were as rosy. The fair value of biological assets witnessed a significant decline of 69% to R15.4m. In contrast, the operating profit following adjustments for biological assets experienced a healthy increase of 19%, amounting to R132.5m. One particularly encouraging development was the resurgence of the banana joint venture, Quinta Da Bela Vista, which returned to profitability for the first time in three years, despite facing election-related unrest in Mozambique. Profit contributions from both Quinta Da Bela Vista and the Lebombo investment climbed to R8.5m, a significant increase from R3.3m in the previous year. The group's headline earnings per share saw an uplift of 27%, reaching 425.1 cents. Notably, finance costs fell by 21%, attributed to modest debt use, allowing the company to navigate financial pressures diligently. Nonetheless, challenges remain, especially in its sugar cane operations. Revenue from sugar marginally increased by 1% to R519.8m, yet overall volumes were slightly off last year's levels. Adverse weather, including a lagging El Niño and unusually cold conditions in July, significantly hampered yields, particularly in the un-irrigated KwaZulu-Natal region. Furthermore, a prolonged labour strike in Eswatini led to delays in harvesting, causing unanticipated losses, despite eventual favourable negotiations. Conversely, the banana segment flourished, with revenue surging by 31% to R198.4m, despite severe weather disruptions. The Mawecro farm did experience early season frost that affected 16 000 bunches, but strong market prices and a promising plant crop aided recovery. A windstorm in October resulted in extensive damage, including the loss of around 189 330 plants. The macadamia nut division also saw progress, with revenue more than doubling to R29.1m, though global prices remained below pre-COVID levels. Around 1 040 tons were harvested, but heat damage during transport reduced the saleable amount. In the property segment revenue climbed to R63.5m. This surge was bolstered by the successful sale of assets at the Renishaw Coastal Precinct, reflective of the group's strategic shift towards revamping marginal farmland for effective use. Looking ahead, the company remains cautiously optimistic, although potential pressures exist in the sugar segment, with a forecast for lower sugar prices impacting the valuation of next year's standing crops. Nevertheless, management's focus on optimising yield and quality remains steadfast. The upcoming development phases in the Renishaw Coastal Precinct exemplify the group's proactive approach to navigating challenges and seizing growth opportunities. Visit:
Yahoo
a day ago
- Business
- Yahoo
ISA Holdings' (JSE:ISA) Shareholders Will Receive A Bigger Dividend Than Last Year
ISA Holdings Limited (JSE:ISA) will increase its dividend from last year's comparable payment on the 21st of July to ZAR0.167. This will take the dividend yield to an attractive 8.2%, providing a nice boost to shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. It will be difficult to sustain this level of payout so we wouldn't be confident about this continuing. Over the next year, EPS could expand by 2.1% if the company continues along the path it has been on recently. If the dividend continues on its recent course, the payout ratio in 12 months could be 104%, which is a bit high and could start applying pressure to the balance sheet. See our latest analysis for ISA Holdings Although the company has a long dividend history, it has been cut at least once in the last 10 years. The dividend has gone from an annual total of ZAR0.045 in 2015 to the most recent total annual payment of ZAR0.167. This works out to be a compound annual growth rate (CAGR) of approximately 14% a year over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Earnings per share has been crawling upwards at 2.1% per year. The earnings growth is anaemic, and the company is paying out 100% of its profit. This gives limited room for the company to raise the dividend in the future. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. The track record isn't great, and the payments are a bit high to be considered sustainable. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've identified 3 warning signs for ISA Holdings (1 doesn't sit too well with us!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
ISA Holdings' (JSE:ISA) Shareholders Will Receive A Bigger Dividend Than Last Year
ISA Holdings Limited (JSE:ISA) will increase its dividend from last year's comparable payment on the 21st of July to ZAR0.167. This will take the dividend yield to an attractive 8.2%, providing a nice boost to shareholder returns. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. A big dividend yield for a few years doesn't mean much if it can't be sustained. Based on the last payment, the company wasn't making enough to cover what it was paying to shareholders. It will be difficult to sustain this level of payout so we wouldn't be confident about this continuing. Over the next year, EPS could expand by 2.1% if the company continues along the path it has been on recently. If the dividend continues on its recent course, the payout ratio in 12 months could be 104%, which is a bit high and could start applying pressure to the balance sheet. See our latest analysis for ISA Holdings Although the company has a long dividend history, it has been cut at least once in the last 10 years. The dividend has gone from an annual total of ZAR0.045 in 2015 to the most recent total annual payment of ZAR0.167. This works out to be a compound annual growth rate (CAGR) of approximately 14% a year over that time. It is great to see strong growth in the dividend payments, but cuts are concerning as it may indicate the payout policy is too ambitious. Given that the dividend has been cut in the past, we need to check if earnings are growing and if that might lead to stronger dividends in the future. Earnings per share has been crawling upwards at 2.1% per year. The earnings growth is anaemic, and the company is paying out 100% of its profit. This gives limited room for the company to raise the dividend in the future. Overall, this is probably not a great income stock, even though the dividend is being raised at the moment. The track record isn't great, and the payments are a bit high to be considered sustainable. Overall, we don't think this company has the makings of a good income stock. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. For example, we've identified 3 warning signs for ISA Holdings (1 doesn't sit too well with us!) that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. — Investing narratives with Fair Values A case for TSXV:USA to reach USD $5.00 - $9.00 (CAD $7.30–$12.29) by 2029. By Agricola – Community Contributor Fair Value Estimated: CA$12.29 · 0.9% Overvalued DLocal's Future Growth Fueled by 35% Revenue and Profit Margin Boosts By WynnLevi – Community Contributor Fair Value Estimated: $195.39 · 0.9% Overvalued Historically Cheap, but the Margin of Safety Is Still Thin By Mandelman – Community Contributor Fair Value Estimated: SEK232.58 · 0.2% Overvalued View more featured narratives — Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
