| Market cap | R23.0B |
|---|---|
| P/E | 23.6 |
| EPS | N/A |
| Div yield | 1.68% |
| 52W high | R38.81 |
| 52W low | R25.35 |
| Volume | 435K |
| Listed | N/A |
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Investors discussed Dis-Chem Pharmacies' dividend payments and share price potential, with participants noting the pharmacy sector's strong performance this year and explaining how dividends work as profit-sharing distributions compared to alternative investments.
Summarized from 4 posts · updated nightly
So a dividend is basically the company saying look, we made profit this year, here's your cut if you own shares. Dis-Chem pays one when they've got cash to spare, couple times a year usually. With crypto you get nothing unless the price goes up, so this is kind of wild to me.
is 27.26 expensive for a Dis-Chem share or can it go higher?
26.72 now, bit of a dip this morning.
Good day to top up if you reckon in it. Dis-Chem's still got stores on every corner, people still need their meds and vitamins.
Do you think the pharmacy side is enough to carry the beauty retail part if sales keep sliding?
A dividend is when the company hands some of its profit to people who own shares, kind of like a little bonus just for holding it. DCP paid one earlier this year, so if you owned 100 shares you'd get a few rand per share deposited to your account, no work needed.
When Dis-Chem makes money selling you paracetamol or sunscreen, some of that profit goes to pay staff and rent, and whatever's left over can either be reinvested in the business or handed back to people who own the shares as a dividend. It's like if you and a mate went halves on a vending machine, made R1,000 profit, and decided to split it instead of buying another machine.
Dis-Chem makes money by selling you medicine and health stuff over the counter, then taking a cut, same way Pick n Pay makes money on groceries. When fewer people buy from them, or they have to discount more to move stock, the profit shrinks and the share price usually falls with it.
@bear_naidoo you're right, margins are getting squeezed. Waiting to see the numbers improve before I add more.
Good Morning Everyone. Dis-Chem's last set of numbers showed earnings basically flat year on year, which means the company isn't growing the money it makes, just keeping pace. That's the struggle when pharmacy footfall stays thin and you can't push prices up without losing customers to the discounters.
@braai_boet ja, footfall is the real issue here
Pharmacy footfall isn't what it was, and Dis-Chem's margins are under pressure from the big discounters. I'll believe it when I see them grow earnings again instead of just holding on.