Geoff Noble's Blog, page 8

[Wednesday Wisdom] Dividends are tangible

"A stock dividend is something tangible — it’s not an earnings projection; it’s something solid, in hand. A stock dividend is a true return on the investment. Everything else is hope and speculation."

Richard Russell (July 22, 1924 – November 21, 2015) was an American writer. He was famous for writing the Dow Theory newsletter.

#ForgetTheNoise #Dividends #Invest #Investing #Money

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[Sunday Update] What a week. What next?

It was challenging to "forget the noise" this week. This is why I spent a whole chapter on Risk in my book. Instead of share price volatility, I discussed risks such as inflation, confiscation and devastation. State Capture in South Africa is a risk. With this risk comes possible confiscation of land/property. I think it is an unlikely risk as I hope the rule of law triumphs and those who break the law end up in prison and those who are trying to build a better future do not end up...

[Wednesday Wisdom] Gold vs Dividends

"Gold is a commodity; over the long run, as we look back, it has not been a good investment. You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends."

Michael Lee-Chin, OJ (born 1951) is a Jamaican business magnate, investor, and philanthropist. He is the founder and Chairman of Portland Holdings Inc., a privately held investment company which owns a collect...

[Sunday Update] Woolies buys Politix

G'day. Woolies (WHL) announced that they are buying Aussie retailer, Politix. Politix sells Australian designer menswear with 75 stores across Australia. It had FY2016 sales of A$56 million (c. ZAR 588m). Former Liverpool FC and Socceroo star, Harry Kewell is a brand ambassador. For information please see the official SENS announcement.


Other than that, it has been a relatively quiet week. Here is your updated table:



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[Wednesday Wisdom] Praise for dividend investing

"Dividends may not be the only path for an individual investor’s success, but if there’s a better one, I have yet to find it"

Josh Peters is the editor of Morningstar DividendInvestor, a monthly newsletter that provides quality recommendations for current income and income growth from stocks.Josh manages DividendInvestor's model dividend portfolio, the Dividend Select Portfolio.

#Dividends #ForgetTheNoise #Investing

Follow Geoff Noble on Twitter or LinkedIn

[Sunday Update] Rain and dividends

Hello from a rainy Durban. This week saw some dividend news from Capitec Bank. Shareholders will be pleased with the 20% interim dividend increase (see SENS here).

Other interesting news involves both Remgro and Distell. SAB owns 26% of Distell but has to sell its stake in order to complete a merger with Anheuser-Busch InBev NV. Together they will form the largest brewer in the world. Competition authorities are, of course, not ecstatic about it. They have attached conditions to the...

[Wednesday Wisdom] Mark Cuban and dividend stocks

"I believe non-dividend stocks aren’t much more than baseball cards. They are worth what you can convince someone to pay for it."

Mark Cuban is an American businessman and investor. He is the owner of the NBA's Dallas Mavericks, Landmark Theatres, and Magnolia Pictures, and is the chairman of the HDTV cable network AXS TV. According to Forbes, he is worth USD 3.3 billion.

[Sunday Update] Quiet on the dividend front

There is no SA dividend news to report this week. Those of you tuned into the financial markets (for better or worse) will know that Governor Kganyago kept the repo rate steady at 7%. Inflation has dipped below the SARB's 3 - 6% target band which our friendly market commentators have used as justification for the SARB's move (or lack there of). Us long-term dividend investors just nod and smile and say "of course", we then get back to collecting our dividends.

Here is your updated dividen...

Quick Friday Thought on Active Investment

I came across an article on LinkedIn called "The Professor Who Was Right About Index Funds All Along". The article is about Burton Malkiel and how he was right about the success of index funds many years before they became mainstream. I paused on an excerpt from his book, "A Random Walk Down Wall Street":

“a blindfolded monkey throwing darts at the stock listings could select a portfolio that would do just as well as one selected by the experts.”

Malkiel's quote made me chuckle as it is pr...

[Wednesday Wisdom] Quote from Rockefeller

Today, we remember the wise words of Rockefeller. He was quite fond of collecting dividends!