It’s Sunday so that means it is dividend update time. Noise levels remain elevated globally. Trump, Zuma, State of Capture, Hard Brexit, Aleppo, Mosul et al are all clogging the airwaves. We must look past the noise and continue on our dividend investing crusade. We are not market timers nor prophets so we won’t guess how the world will play out in the next 6 to 12 months. We worry about the next 10 to 30 years. If stock markets exist then, I am sure that our investments will have done just fine. If stock markets don’t exist in the future, we will have far greater worries than our investments.
Three companies in the Forget the Noise universe declared results. Life Healthcare (LHC) increased its final dividend by 7% (SENS) while Foschini (TFG) increased its interim dividend by 5% (SENS). Lastly, Lewis (LEW) declared a dividend of R1 per share (down 50%, SENS).
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