🔒 The hypocrisy of dividend and personal income taxes
Dividend withholding tax and personal income tax can do immense harm to the economy through their dissuasion of savings and investments – leading to fewer jobs and reduced welfare.
Dividend withholding tax and personal income tax can do immense harm to the economy through their dissuasion of savings and investments – leading to fewer jobs and reduced welfare.
Multinational retailer Woolworths released its half-year financials, with most business units moving in the wrong direction.
Naspers and Prosus released a solid set of results respectively, which was largely expected by the market as the shares tracked flat.
Redefine, the country’s second largest REIT by market cap, announced its interim results, and there was very little to get excited about.
Kumba, one of the few darlings of the JSE over the past five years, has reported a bumper set of numbers for its financial year-end.
BHP boosted its outlook for the global economy as the vaccine rollout gathers pace, rewarding investors with a record half-year dividend.
Itatile benefitted from the ‘home improvement’ trend with households diverting spend on leisure to focus on revamping their number one asset.
Redefine, the second largest South African Reit on the JSE, has announced that it would not be paying a dividend for its 2020 year-end.
BHP Billiton paid out a record dividend as profits hit a four-year high on stronger prices and confirmed it’ll return the bulk of almost $11 billion in asset sales to investors.
In some quarters the term ‘value investing’ has acquired misleading connotations. Has the concept of ‘value’ has become synonymous with ‘cheap’.