CHRIS GILMOUR: Demise of SA widows and orphans stocks drives investors offshore
Besides BAT and Remgro, not many shares offer a decent dividend and a steady rise in market value
13 October 2020 - 16:00
Widows and orphans stocks have largely disappeared from the SA investment landscape, decimated by mergers, acquisitions, exceptionally poor management decisions and long-term economic blight.
A classical quality of this stock category is the regular and reliable provision of a decent dividend, combined with a slow and steady rise in market value over the long term. They tend to be fairly boring stocks that are often overlooked by media hype...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.