How to buy MultiChoice Group (MCG:JSE) shares | Finder (2024)

FAQs

What is the share price of MultiChoice JSE? ›

MultiChoice Group is a dividend paying company with a current yield of 6.04%.

The only way you can invest with the JSE is to open an account with a stockbroker. Usually, it is free to set up the account. Normally, you pay an administration fee to the stockbroker every month after you have set up the account. A stockbroker can manage your money for you.

MultiChoice has seen little revenue growth in South Africa but is highly profitable, while its “Rest of Africa” business has struggled with profitability in the past five years.

Many companies allow you to buy or sell shares directly through a direct stock plan (DSP). You can also have the cash dividends you receive from the company automatically reinvested into more shares through a dividend reinvestment plan (DRIP).

It requires in-depth research to determine which JSE shares are the best investment option at the given time that you wish to enter the stock market. You cannot buy shares directly from the JSE and it must be done through a well-regulated stockbroker or through your bank, who will buy the shares on your behalf.

The easiest way to invest in the whole African stock market is to invest in a broad market index. This can be done at a low cost by using ETFs. In this investment guide, you will find all ETFs that allow you to invest broadly diversified in African stocks. Currently, there are 2 ETFs available.

What is the market cap of MultiChoice? ›

Market cap: $2.27 Billion

As of June 2023 MultiChoice Group has a market cap of $2.27 Billion. This makes MultiChoice Group the world's 3721th most valuable company by market cap according to our data.

You can easily buy TVS Motor Company shares in Groww by creating a demat account and getting the KYC documents verified online.

Generally speaking, a dividend payout ratio of 30-50% is considered healthy, while anything over 50% could be unsustainable.

Some of the dividend aristocrats, companies in the S&P 500 that have raised their dividends for at least 25 consecutive years, have payout ratios above 50%. While a high dividend payout ratio increases cash flow, a payout ratio too close to 100% can lead to problems in the future.

To buy stocks, you'll typically need the assistance of a stockbroker, since you cannot simply call up a stock exchange and ask to buy stocks directly. When you use a stockbroker, whether a human being or an online platform, you can choose the investment that you wish to buy or sell and how the trade should be handled.

Another way to buy stocks without a broker is through a dividend reinvestment plan, which allows investors to automatically reinvest dividends back into the stock, rather than taking the dividends as income. Like direct stock plans, though, you'll have to seek out the companies that offer these programs.

In October 2020, French media company Groupe Canal+ acquired 12% stake in MultiChoice.

The Vanguard Group

Vivendi

Allan Gray

Can I buy stock with only $100? ›

How do I invest in stocks with only $100? You could invest $100 into stocks by purchasing fractional shares of stocks or investing in an exchange-traded fund (ETF). An ETF is a collection of stocks and securities packaged into a single fund.

If you want to buy shares, you must first approach a SEBI-registered member, or broker, of a stock exchange. You need to then register as an investor before you begin investing; to do so, follow these steps: Find a SEBI Registered Member : Click here. Find out which stock exchange they are registered with.

Investing in stocks with a Demat Account

Find a DP on the website of CDSL or NSDL. Once you have found a DP, contact them and request to open a Demat Account. The DP will provide you with an application form. Fill this form with the requested KYC information and submit it to the DP.

What is the salary of Calvo Mawela? As the Chief Executive Officer and Executive Director of MultiChoice, the total compensation of Calvo Mawela at MultiChoice is $1,591,000. There are 8 executives at MultiChoice getting paid more, with Timothy Jacobs having the highest compensation of $10,220,000.

MultiChoice's competitors and similar companies include Deluxe, Media Nusantara Citra, Warner Bros. Discovery and Podcats Productions. MultiChoice Group is an entertainment company.

MultiChoice is Nigeria's pioneering pay TV service provider, having launched the first digital satellite broadcasting service in 1993. It is joint venture between MultiChoice Africa and Nigerian businessman and Senior Advocate of Nigeria (SAN), Adewunmi Ogunsanya.

✅ Absa Group – Leading South African JSE Listed Bank. ✅ Glencore – JSE Listed Commodity and Mining Company. ✅ Exxaro – Leading Long-Term Shares to Buy. ✅ Investec Ltd – Trusted Wealth Management Group.

The answer to this question is much more complicated than many people might believe. While there is no actual limit to the amount of shares you can purchase in a company, it's possible that there will be rules or restrictions that may interfere with your ability to buy as many shares as you want.

What is the strongest stock exchange in Africa? ›

The JSE is currently ranked the 17th largest stock exchange in the world by market capitalisation and the largest exchange in the African continent. The JSE was formed in 1887 during the first South African gold rush.

Africa is the most profitable region in the world.

A report by the UN Conference on Trade and Development states that between 2006 and 2011, Africa had the highest rate of return on inflows of Foreign Direct Investment: 11.4%. This is compared to 9.1% in Asia, 8.9% in Latin America and the Caribbean.

To become qualified, an accredited installer must nominate and sponsor a person to attend one of the three (3) courses offered by MultiChoice. Aspirant Installers are then graded according to their skills level by attending and passing a formal assessment examination.

DStv. DStv is a sub-Saharan African video entertainment company owned by MultiChoice. It was launched in 1995 and provides multiple entertainment channels and services to customers across the continent via satellite, online and mobile apps.

MultiChoice makes most of its money from DStv subscriptions but also rakes in billions through advertising, decoder sales, technology services, and insurance. Multichoice released its results for the first half of the 2023 financial year this week, which included a 6.7% increase in revenue to R28. 6 billion.

Most full-service brokers charge 1% to 2% of the total purchase price, a flat fee, or a combination of both, for stock purchases.

TV is currently sporting a Zacks Rank of #2 (Buy), as well as a Value grade of A. The stock is trading with P/E ratio of 19.60 right now. For comparison, its industry sports an average P/E of 24.58. Over the past 52 weeks, TV's Forward P/E has been as high as 57.61 and as low as 14.30, with a median of 34.15.

The Ideal Portfolio To Make $1,000 Per Month In Dividends

Each stock you invest in should take up at most 3.33% of your portfolio. “If each stock generates around $400 in dividend income per year, 30 of each will generate $12,000 a year or $1,000 per month.”

Dividend-paying Stocks

Shares of public companies that split profits with shareholders by paying cash dividends yield between 2% and 6% a year. With that in mind, putting $250,000 into low-yielding dividend stocks or $83,333 into high-yielding shares will get your $500 a month.

What are the top 5 dividend stocks to buy? ›

Investment Required To Make $1,000 In Monthly Income

However, the exact investment required will vary for every investor. Therefore, your precise amount will depend on your specific investments and your return on those investments. Thus, the money required will range from $240,000 to $400,000.

To make $2000 a month in dividends you need to invest between $685,714 and $960,000, with an average portfolio of $800,000. The exact amount of money you will need to invest depends both on time, dividend growth, dividend reinvestment, and the dividend yield of the stocks.

The S&P 500 offers a current dividend yield of 1.6% and has delivered an average of 2.34%. That means if you want to generate $100,000 in annual passive income from a vanilla index fund, you would need $4,273,504 in assets ($100,000 divided by 2.34%).

Historical dividend payout and yield for Apple (AAPL) since 1989. The current TTM dividend payout for Apple (AAPL) as of June 16, 2023 is $0.96. The current dividend yield for Apple as of June 16, 2023 is 0.52%.

Earning $100 a month in dividends as passive income is a great way to cover your monthly bills or grow your investment portfolio on autopilot. Some upfront planning is needed to align the dividend payments to each month of the year. Make sure you don't simply buy a stock because it's your income schedule.

To earn $200 a month in dividends you'll need to invest between $68,571 to $96,000, or an average of $80,000. The actual amount of money you'll need to invest to make $200 per month from a dividend portfolio will depend on the dividend yield of the stocks.

A share price, also called stock price, is the cost of buying one share in a company. This share price fluctuates as per the market conditions and is determined on a real-time basis by a stock exchange.

What is the PE ratio of MultiChoice? ›

According to MultiChoice Group's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 23.9093. At the end of 2022 the company had a P/E ratio of 34.8.

Most experts tell beginners that if you're going to invest in individual stocks, you should ultimately try to have at least 10 to 15 different stocks in your portfolio to properly diversify your holdings.

There is no minimum order limit on the purchase of a publicly-traded company's stock. Investors may consider buying fractional shares through a dividend reinvestment plan or DRIP, which don't have commissions.

Current share prices can be found in any daily financial newspaper or on the internet. You may also be able to find historical share price information on the web and, in particular, the Company's website.

The minimum number of shares you can buy is 20. According to MTN, “the minimum application is 20 shares and multiples of 20 shares thereafter, so 20, 40, 60, 80, 100, 120…etc. There is no maximum, however, the amount of shares allotted will be within the offer size of up to 575,000,000 ordinary shares.”

What does a PE ratio of 40 mean? ›

If a company has a share price of $20 and an EPS of $0.50, that would give it a P/E ratio of 40, meaning the stock is trading at 40 times its earnings per share. Investing for Everyone. Looking at it simply, the number in a P/E ratio tells you how much you have to pay to get one dollar of underlying company profits.

According to Royal Caribbean's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is -23.5651. At the end of 2021 the company had a P/E ratio of -3.68.

As of today (2023-06-06), Whole Foods Market's share price is €35.46. Whole Foods Market's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2017 was €1.12. Therefore, Whole Foods Market's PE Ratio for today is 31.75.