Updated 06.03.2022

South Africa Top Dividend Stocks

Investing in stocks is one of the preferred ways to earn a passive income. Some stocks offer a monthly income to investors. Once you buy a stock, you become entitled to voting rights or a dividend payment or both. South Africa has lots of corporations that can give you a reliable dividend payment. The top 15 are listed in this article together with an outline of the dividend yield and the payout earnings they offer, as well as their history in the recent past.

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Exxaro Resources

Exxaro Resources is a coal mining company in the Mining Sector of the Basic Materials industry. It offers a dividend yield of 21.72%. It has a consistent dividend payout after being formed from a merger between Kumba Resources Limited unbundled, Kumba’s coal, Eyesizwe Coal, and other assets. The payout earnings from Exxaro Resources in 2021 was 158.55%.

Sibanye Stillwater

Sibanye Stillwater is a “multinational mining and processing Group” in the Mining Sector of the Basic Materials industry. It offers a dividend yield of 12.48%. It was established in November 2013, but only had its first steady dividend payouts last year. The payout earnings from Sibanye Stillwater in 2021 was 58.66%.

Impala Platinum Holdings

Impala Platinum Holdings is a platinum group metals producing company in the Mining Sector of the Basic Materials industry. It offers a dividend yield of 9.78%. It started out as a mine following the discovery of platinum in the Bushveld Igneous Complex in 1924. However, it has not been giving shareholders steady dividend payouts the past 6 years, only bouncing back in 2020 and 2021.  The payout earnings from Impala Platinum Holdings in 2021 was 38.15% .

Growthpoint Properties Limited

Growthpoint Properties Limited is a Real Estate Investment Trust (REIT) in the Finance industry. It offers a dividend yield of 7.71%. The REIT started out in 1987. It has given out a consistent dividend payout in the last 6 years. The payout earnings from Growthpoint Prop Limited in 2021 was 0.00% .

Vodacom Group

Vodacom Group is a telecommunications company in the Mobile Telecommunications Sector of the Telecommunications industry. It offers a dividend yield of 6.17%. The company was formed in 1993. It has given out a consistent dividend payout in the past 6 years. The payout earnings from Vodacom Group in 2021 was 79.60%.

NEPIRockcastle PLC

NEPIRockCastle PLC is a Real Estate Investments and Services company in the Financials industry. It offers a dividend yield of 5.81%. The company was formed in 2007. It has not given out a consistent dividend payout in the past 6 years, the second half of which the company gave shareholders deferred dividend payouts. The payout earnings from NEPIRockcastle PLC in 2021 was -113.24%.

Anglo American Platinum

Anglo Amerian Platinum is a mining company in the Mining Sector of the Basic Materials industry. It offers a dividend yield of 5.80%. The mining company was formed in 1995. It has given out a consistent dividend payout for the second half of past 6 years. The payout earnings from Anglo American Plati in 2021 was 92.22%.

Sanlam

Sanlam is a Life Insurance business which is part of the Financials industry. It offers a dividend yield of 5.05%. The company was formed on 8th June 1918. It has given out a consistent dividend payout in the past 6 years, with significantly greater increases in 2020 and 2021. The payout earnings from Sanlam in 2021 was 159.57%.

The Spar Group

The Spar Group is a Food and Drug Retailers business in the Consumer Services industry. It offers a dividend yield of 4.88%. The company was formed in 1963. It has given out a consistent dividend payout in the past 6 years. The payout earnings from The Spar Group in 2021 was 65.44%.

Tiger Brands

Tiger Brands is a Food Producers company in the Consumer Goods industry. It offers a dividend yield of 4.73%. The company was formed in 1925. It has not given out a consistent dividend payout in the past 6 years, with more than 100% in 2015 and 2020. The payout earnings from Tiger Brands in 2021 was 85.61%.

Multichoice Group

Multichoice Group is a Media business in the Consumer Services industry. It offers a dividend yield of 4.63%. The company was formed on 9th November 1994. It had a significant increase in dividend payouts for 2020, giving out a 332.35% payout. The payout earnings from Multichoice Group in 2021 was 104.24%.

Old Mutual Limited

Old Mutual Limited is a Life Insurance company in the Financials industry. It offers a dividend yield of 4.58%. The company was formed in 1845. It has not given out a consistent dividend payout in the past 4 years. The payout earnings from Old Mutual Limited in 2018, 2019 and 2020 were positive. However, in 2021, it was -57.69%.

Firstrand Limited

Firstrand Limited is a Banking business in the Financials industry. It offers a dividend yield of 4.33%. The company was formed in 1998. It has given out a consistent dividend payout in the past 6 years. The payout earnings from Firstrand Limited in 2021 was 54.45%.

Standard Bank Group

Standard Bank Group is a Banking business in the Financials industry. It offers a dividend yield of 4.29%. The company was formed in 15th October 1862. It has given out a consistent dividend payout in the past 6 years, which was an average of 56.51%. The payout earnings from Standard Bank Group in 2021 was 66.56%.

Mr Price Group

Mr Price Group is a business in the General Retailers sector of the Consumer Services industry. It offers a dividend yield of 3.73%. The company was formed in 1985. It has given out a consistent dividend payout in the past 6 years. The payout earnings from Mr Price Group in 2021 was 74.18%.

Disclaimer

Although the companies in this list can give you a steady income through dividends on your investment when you buy shares, it is not assured that they will. Investment follows risk and rewards dynamic. It may be rewarding, but it can as well bear losses.

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Job is a seasoned writer with a good understanding of the emerging markets, Africa to be specific.

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