N-Ordinary Shares

N-Ordinary Shares are the same as Ordinary Shares, except that they give shareholders minimal or zero voting rights. N-Ordinary Shares often trade at a discount to Ordinary Shares. Although they are likely to cost less, they pay out the same dividends as Ordinary Shares.

Who is this for?

N-Ordinary Shares appeal to investors who are not concerned with voting rights and are looking for dividend income.

Features

  • Although they are likely to cost less, they pay out the same dividends as Ordinary Shares.
  • Dividends for N-Ordinary shareholders are not fixed and can be higher than dividends for Preference shareholders.
  • N-Ordinary Shares offer all the benefits of share investing including the potential for both capital and income growth.
  • Generally one would sell N-Ordinary Shares for more money than you paid for them.
  • With N-Ordinary Shares, investors are not able to vote on decisions that could potentially impact the company and therefore their investment.
  • Like all Share investing, investing in N-Ordinary Shares carries the risk of losing your initial investment or making a lower-than-expected return.
  • Share prices can rise and fall and investors must accept the fact that the value of their Shares may fluctuate during the year.

How to get N-Ordinary Shares

Open a brokerage account with a JSE Equity Market member.

 

 

 

 

 

 

What are N-Ordinary sharesWhat are N-Ordinary shareshttps://www.jse.co.za/content/JSEEducationItems/N-OrdinaryShares.pdfpdf

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