RA
Sanlam (JSE: SLM)
Last traded- Open
- R80.00
- Prev Close
- R80.59
- Day High
- R82.42
- Day Low
- R80.00
Key statistics
| Market cap | R171.3B |
|---|---|
| P/E | 9.2 |
| EPS | N/A |
| Div yield | 5.92% |
| 52W high | R102.56 |
| 52W low | R76.43 |
| Volume | 3.38M |
| 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 50 live member stances recorded by registered members on this page.
What the community is sayingBullish
Investors are pleased with Sanlam Limited's strong upward movement today, with the stock trading at R82.22 and displaying solid gains that have put it in positive territory.
Summarized from 3 posts · updated nightly
Filter:Ask about SLM
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K. Maphosa@k_maphosa·Neutral
Dividend's the main thing with Sanlam, you get paid to sit there while they collect premiums. Problem is the yield's not that high anymore at these prices, so you're betting the company keeps growing or you're just getting bored money.
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Bongani Z.@bongani_crypto_curious·Neutral
so when SLM pays dividend, do I have to do anything or does it just appear?
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Replying to Thandi M. on $SLM“so when sanlam pays a dividend, does that money just go into my account automatically?”
Franco C.@franco_cape·MemberNeutral
@thandi_first_share depends where you hold it, EasyEquities or a bank account will handle that for you automatically ja.
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Sakhile N.@uncle_sakhile·Neutral
Sanlam makes money the same way my spaza did, ja. People pay them premiums for life insurance every month, Sanlam keeps some of that as profit after they pay out claims and costs, then hands some back to shareholders as a dividend when there's enough left over. Think of it like a shop, what is left over after the tills are rung gets shared with the owners.
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Thandi M.@thandi_first_share·Neutral
so when sanlam pays a dividend, does that money just go into my account automatically?
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K. Maphosa@k_maphosa·Neutral
Life insurance is boring but people need it, which is why Sanlam keeps selling policies even when the market's down. That's the whole game really, ngl.
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R. Naidoo@bear_naidoo·Neutral
Insurance companies live or die on how much cash they're holding, and Sanlam keeps most of theirs invested.
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Replying to Naledi S. on $SLM“78.82 now, nice recovery today”
Franco C.@franco_cape·MemberNeutral
@newbie_naledi ja, bit of relief after that dip last week
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Replying to Naledi S. on $SLM“78.82 now, nice recovery today”
Bongani Z.@bongani_crypto_curious·Bullish
79.37 now, that's proper green today
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