THE DIVIDEND CONUNDRUM
For most investors, dividends represent the lifeblood of their portfolios and this is clearly demonstrated by the popularity of the Satrix Dividend Plus exchangetraded fund (ETF), which has been heavily marketed over the last couple of years. However corporate profits and dividends themselves are highly unpredictable, as investors in African Bank Investments Limited (Abil) recently discovered.
To support the data generated by the Top 200 survey this year, we looked for the 40 best dividend-yielding stocks as at 7 June 2013. It makes for fascinating reading with only two traditional blue chips (Vodacom and Reunert) sitting in the Top 20 positions.