- 1 South Africa is a hub of many growing and established companies in various industries.
- 2 These companies are doing a great job in the domains and have become valuable for investors as well.
- 3 Experts suggest the best options that can make an investment in SA truly worth it.
South Africa is developed with abundant resources and a young population. It is a rising economy that gives plenty of opportunities for entrepreneurs to grow. As a result, it is home to some very promising organizations with impressive figures. Moreover, these companies have done a great job of distributing dividends and other forms of profits. As the organizations are growing, the investors are getting good value for their money.
The growth is such that they are even attracting foreign investors now. These companies are established and they’re expanding as well. Thus, they give great chances for traders to make in the short as well as long term.
SA Stocks Expected to Outperform This September
Experts have picked these companies based on multiple parameters. It includes the company’s performance, industry evaluation, and some external factors.
MTN Group Ltd (JSE: MTN)
MTN is a major telecommunications company operating in over 20 nations. Besides Africa, it provides services in the Middle East and some Asian countries as well. It offers voice and data services to governments, individuals, and businesses. Its current dividend yield is 3.38% and it’s been paying it since 2006. It has kept the traders very happy with its performance.
Sanlam Ltd. (JSE: SLM)
Sanlam is a major financial service provider that is operating in African nations. Its portfolio includes a wide array of services including investments, savings, insurance, etc. Its current dividend yield is 1.94% and it has been paying it since 2003. With an extensive range of exemplary services, it has maintained a high-profit generation.
AECI Ltd. (JSE: AFE)
AECI deals with chemicals and explosives while having reach in more than 40 countries. It maintains a wide spectrum of products that include agrochemicals, specialty chemicals, mining chemicals, and explosives. Its current dividend yield is 6.25% and it has been paying dividends since 1990. It has impressed its investors with consistent growth and returns as well.
African Rainbow Minerals Ltd. (JSE: ARI)
ARI is a major mining company with operations in various African nations. It is accountable for providing a large number of metals including gold, nickel, copper, and iron ore. Its current dividend yield is 5.91%. Furthermore, its extensive and efficient operations have enabled the company to make profits every quarter.
Barloworld Ltd. (JSE: BAW)
Barloworld is a major South African conglomerate with a presence in over 19 countries. It operates in finance, logistics, rentals, automotive, and industrial equipment. It has a dividend yield of 3.90% currently and has solid prospects for the future too. The company has been a great profit generator for the past few years.
With investment in these stocks, investors can certainly ensure great profits. Moreover, they can ensure long-term growth too. They can become a perfect addition to a balanced portfolio and can raise profit ratios. Still, investors are advised to do their legwork before putting their money in any instrument. Hence, with some analysis and study, they can certainly be worthy in South African companies as well.
Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.