In November's issue of the South African Investor, I warned readers about two types of “danger” shares lurking on the JSE.
One of these types is called the “High-Yielder”.
Simply these are shares that sit on suspiciously high dividend yields.
You've probably heard me speak about these “income-traps” before, but in the South African Investor, I went further and reveale... ››› more
In April 2019, I warned investors about Rebosis - A JSE listed property company that had a dividend yield of 57%.
You see, at the time, a yield this high was very unusual for a company listed in SA. So I warned investors not to fall for this “high yield investment trap”
And, since then, the company cut its dividend completely and its shares have plummeted from 162c to 32c - around an ... ››› more
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