How to Purchase Stocks at Shoprite

By Tked August •  Updated: 02/22/25 •  5 min read

Purchasing shares of Shoprite Holdings Ltd., South Africa’s biggest chain of grocery stores, means you will own a stake in a thriving retail company. In this post, you shall find out how to purchase the firm’s interests, discuss their dividend-paying culture, and provide you with information on controlling shareholders.

- ADVERTISEMENT -

How to Invest in Shoprite Shares

To purchase the shares, you must go to the Johannesburg Stock Exchange. It is a public company with the stock ticker SHP. Below is a guide to aid you with the following steps:

What is the Per-Share Shoprite Payment?

Dividends are essential to comprehend. It helps the investors reap benefits from the venture. Furthermore, the company has a long history of giving returns to its shareholders. In the financial year ending on 30 June 2024, the company paid a final dividend of 445 cents (4.45 ZAR) per share. The final distributions are usually given after the company’s annual general meeting and together with the interim dividends given throughout the year.

Due to its persistent efforts, the overall sales of the enterprise have risen by 12% to 240.7 billion rand. Contrarily, the trading profit is also 12.4% higher at 13.4 billion rand. With this robust financial performance, the organization can reward the owners with interest. It is to be kept in mind that proceed payments, and profit yields can vary depending on the performance of the enterprise and the overall economic conditions. Capitalists must monitor the organization’s public announcement and obtain advice from the money managers to align with the prevailing dividend policies and announcements.

- ADVERTISEMENT -

Can You Purchase Shoprite Shares Directly?

The organization is not able to issue you stakes directly. It is not possible to purchase stakes directly with the organization. It is possible to secure the stock stakes at the Johannesburg Stock Exchange. You must visit a registered stockbroker or a financial institution authorized to trade at the JSE to obtain the organization’s stakes. The following is the procedure:

Who Owns Most of the Shoprite Shares?

Knowing who the significant shareholders are informs us about the company’s owners. It also tells us about the degree of trust that the big investors have in the company’s mission and prospects. The current statistics indicate that Public Investment Corporation (SOC) Ltd is the largest shareholder. It has 16.84% of the company’s shares. The Public Investment Corporation is a South African state-owned group that invests in government employees’ pensions and other social insurance funds.

The second largest shareholders are: 

Final Thoughts

Investing in Shoprite Holdings Ltd means investing in South Africa’s number-one grocery group with a long and impressive record of profitability and growth. You can purchase shares from the Johannesburg Stock Exchange to make dividends on the business earnings. Research thoroughly, consider the risks involved with the investment, and set financial goals before deciding to invest. Finally, financial advisors might provide you with instructions that fit your investment plan.

- ADVERTISEMENT -

Keep Reading

Is It Better to Rent or Purchase a House in South Africa?

Is It Better to Rent or Purchase a House in South Africa?

Let's find out what is better: to rent or secure a homestead in SA, one of the significant features of the current landscape of property

Investing in Property in South Africa

Investing in Property in South Africa

This article reviews the benefits, challenges, and strategies for investing in South African property, thus helping you make the best-informed decisions regarding your financial goals.

How to Invest in Amazon Shares in South Africa

How to Invest in Amazon Shares in South Africa

The following guide discusses how one goes about investing in Amazon shares from South Africa.

Invest in Cryptocurrency in South Africa

Invest in Cryptocurrency in South Africa

The following guide provides insights on full cryptocurrency ventures, considering South African investors' interests.

How to Invest Offshore as a South African

How to Invest Offshore as a South African

This article attempts to give the South African reader the lowdown on offshore investing

How to Choose the Best Retirement Annuity

How to Choose the Best Retirement Annuity

So, let's look deeper into how getting the right RA could secure you a comfortable and financially stable retirement.

What to Do With R100,000 in South Africa?

What to Do With R100,000 in South Africa?

How to Buy Gold Shares in South Africa

How to Buy Gold Shares in South Africa

Owning gold shares allows a capitalist to partly own gold mining firms, thereby offering returns on the performance of the gold sector.

Top 5 Investment Firms in South Africa

Top 5 Investment Firms in South Africa

This article reviews the top five investment companies in South Africa. It describes some key offerings that help them stand out in the increasingly competitive landscape of investments.

Mutual Fund vs. Gold – Which Investment is Better?

Mutual Fund vs. Gold – Which Investment is Better?

These include understanding their work, the risks involved, and what returns could be expected from each.

Where to Invest R100K in South Africa

Where to Invest R100K in South Africa

Investing R100,000 in South Africa offers numerous opportunities to accumulate wealth, and the right instrument depends on the consideration.

Benefits of Living Annuity in South Africa

Benefits of Living Annuity in South Africa

This article considers whether a living annuity is a good idea, its benefits, probable disadvantages, and other essential considerations specific to South Africa.

ETF vs FoF: Key Differences

ETF vs FoF: Key Differences

Understanding the distinction between these two can help you make the right decision based on your monetary goals, risk tolerance, and venturing horizon.

How Are Investments Taxed in South Africa?

How Are Investments Taxed in South Africa?

The knowledge of tax consequences on various investments can lead to informed decisions that help in tax-efficient financial planning.

Tips For Increasing Your Savings

Tips For Increasing Your Savings

Practical tips implemented with a focused approach to savings will go a long way in improving one's monetary health and securing a better tomorrow.