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Replying to Shravan Lucken on $DSY“Added DSY to my portfolio”
Dan O.@fees_first_dan·Member
@shravanlucken9 nice one. are you going to hold it long term or watching how the insurance side performs first?
Discovery (JSE: DSY)
- Open
- R260.00
- Prev Close
- R257.42
- Day High
- R264.10
- Day Low
- R257.76
Key statistics
| Market cap | R176.4B |
|---|---|
| P/E | 13.6 |
| EPS | N/A |
| Div yield | 1.46% |
| 52W high | R291.17 |
| 52W low | R193.83 |
| Volume | 108K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 40 live member stances recorded by registered members on this page.
Filter:Ask about DSY
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Ayesha P.@dividend_mum_ayesha·Neutral
Discovery's a life insurance company, so they make money when people pay premiums for cover and they pay out claims, the difference is theirs to keep. When they've made enough profit, they hand some of it back to shareholders as a dividend, per share, usually twice a year if things are going well.
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mumu@mumu_data·Neutral
Good Morning Everyone. A dividend is when the company makes profit and decides to hand some of it straight to the people who own shares, like Discovery did earlier this year. If you owned DSY worth R1,000, you'd get your slice of that payment without having to sell anything.
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mumu@mumu_data·Neutral
Good Morning Everyone. When Discovery pays a dividend, that's the company handing some of its profit to people who own the shares, like a thank you for sticking with them. So if you own DSY and they pay out, you get cash without having to sell anything.
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Dan O.@fees_first_dan·MemberNeutral
Discovery makes money by insuring people against things going wrong, life cover and disability mostly, then keeping the difference between what they collect in premiums and what they pay out in claims. When they have a good year, they sometimes pay shareholders a dividend, which is just a slice of the profit handed back to you for owning the share. It's one of the reasons people hold insurance stocks long term instead of trading them.
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Ayesha P.@dividend_mum_ayesha·Neutral
A dividend is when the company hands shareholders a slice of what it made, like pocket money. Discovery pays theirs once or twice a year depending on how well they did, and the payout lands straight into your account on the payment date.
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Sipho D.@sipho_satrix_saver·Neutral
if I buy DSY at 258.98, how much would one share cost me vs the Satrix one
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Nico van D.@nico_the_analyst·Bearish
Interesting numbers in the last set, premiums up about 8% year on year which is solid when you think about how many people are dropping cover when money gets tight. That kind of growth usually sticks around imo.
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Replying to Winston on $DSY“Added DSY to my portfolio”
Sipho D.@sipho_satrix_saver·
@tuckwinstongmailcom nice, what made you go for DSY over the index?
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