There are roughly 216 penny shares on the JSE today.
Of these 216 shares there are only five shares with dividend yields larger than 6%. That’s 2% of the total shares with such a big dividend.
But I’ve just uncovered another small company that’s set to achieve this feat.
The company paid off millions in debt in the past year, grew profits by 743% in the first six months of 2017, and is set to report full year earnings of 28cps, with a share price around 150c. That’s a rock bottom PE of 5.35.
And, when it reports results on 7 March 2018, I expect this company to declare a dividend BIGGER THAN 6% of its share price! That’ll put it in the top 2% of dividend payers on the JSE – and by all accounts I expect the share price to gain at least 40% by then.
In this month's issue of Red Hot Penny Shares, out on the 27th of October, I’ll give you all the details and tell you where to put your money to make use of this rare opportunity…
In this issue you’ll also discover:
|A Three Month Subscription to Red Hot Penny Shares||R318 value|
|'Double your Money' Stock Play Book for 2018||R774 value|
|The Investor’s Toolkit||R259 value|
|How to Make Big Money in the Exciting World of Penny Shares||R259 value|
|The Penny Share Profit Archives||R259 value|