David Fourie Stephens Profile picture
Jun 25, 2021 11 tweets 3 min read Read on X
Just want to check something, do you guys screen to find dividend stocks on the #JSE for example? Do you want me to show you what is an easy way IMO?
1/
Disclaimer: This method will give the dividend stocks you want in seconds and will take you from 0% to 80%. YOU WILL STILL NEED TO VALIDATE THE DIVIDEND COMPANIES BEFORE INVESTING TO SEE IF THEY STILL PAY, ESPECIALLY FOR SA COMPANIES #DYOR
2/
Google: "free yahoo stock screener" and click on "New Untitled Screener".
Under "Region is" choose "South Africa"
It should look like this with roughly 450 companies.
Scroll down to "Add another filter" and choose "Forward Dividend Yield %" then exit filter selections.
Should now look like this.
Set the dividend yield and find stocks. This will give a list of SA dividend companies. List Reduces from ~450 companies to ~160 companies.
List of dividend stocks listed by market cap.
EXTRA TIP! TO FIND COMPANIES WITH GROWING DIVIDENDS OR COMPANIES THAT HAVE INCREASED THEIR DIVIDEND IN THE LAST YEAR. ADD THE FILTER "Consecutive Years of Dividend Growth". ONLY 18 SA COMPANIES HAD CONSECUTIVE DIVIDEND GROWTH!!
3/

STILL DO YOUR OWN RESEARCH, LIKE STATED THIS ONLY TAKES YOU TO 80%. THE YAHOO SCREENER CAN STILL HAVE ERRORS IN ESPECIALLY FOR SA, BUT IT'S A GREAT START IF YOU DON'T KNOW HOW TO FIND DIVIDEND COMPANIES. BYE BYE.

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More from @FourieStephens

Aug 14, 2021
1/ Technical thread on current ratio.
Current ratio is a liquidity ratio showing the companies ability to deal with short term obligations.

current ratio = current assets / current liabilities.

Generally, a ratio over 1 is preferred as the company has more short-term assets.
2/
It's easy to screen for such companies by using yahoo, tikr, etc.

HOWEVER, not all is what seems and in some cases a current ratio of below 1 is not so bad...

Lets use one of the companies I own $OTIS and another I don't $ADSK
3/
$OTIS is an elevator company, boring right?!
It plays in a fragmented industry so there's not a lot of players in it. It has a long history, started in the late 1800s and by the looks of it, elevators isn't going away anytime soon. BTW its one of my best performing stock.
Read 12 tweets
Aug 11, 2021
1/
Steps for @EasyEquities investors especially beginners. Not the most popular opinion.
1. If able to contribute <R36K a year, only invest in TFSA.
2. If <R43k a year, invest remaining portion in SA account.
3. If >R43k a year, can also consider investing offshore in US&AUS.
2/
If you don't have a lot of capital investing only in TFSA is not necessarily bad. It's a tax free vehicle, it's less risky than individual stocks and you are bound to outperform given that most investors don't beat the index.
3/
If you have less than 7k available after maxing out TFSA, it's probably best to invest in the SA account on @EasyEquities because there's no fixed fee to invest.
Read 4 tweets
Aug 4, 2021
1/ A THREAD ON SHARE PRICES

Important for @EasyEquities investors, especially beginners.

A company's share price can only be used to compare it with itself and even then caution should be taken...

YOU CAN'T COMPARE COMPANY 'A' 5c SHARE PRICE WITH COMPANY 'B' 6c SHARE PRICE.
2/
You can't just blindly look at the share price history of a company without knowing if stock splits occur. $AEG is an example.

People might say "the share price was R20 in 2008 and is now 5c...if it can only go up a bit i'll be rich!" However stock splits occured!!!
3/
In 2008 $AEG was R20 and its now 5c. However, the market cap in 2008 was 27 billion and is currently 3.7 billion meaning if you account for stock splits $AEG only needs to rise to 37c to get back to all time highs. If someone blindly thinks it will go back to R20 it implies...
Read 10 tweets

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