BTCL Shares The Best Performing In The BSE Bourse
Staff Writer | Monday March 13, 2017 16:35
Speaking at the Botswana Stock Exchange (BSE) seminar sponsored by BTCL, Masunga said their stock is currently trading at P1.23, a 23% appreciation on listing price.
He said this represents a 25.51% appreciation since the beginning of the year, and a 46.43% appreciation for those who bought when BTCL share price was the low performances at the local bourse, the next best performing stock year to date has appreciated by only 10.12%, according to Masunga.
Speaking at the event that was also graced by Vice President Mokgweetsi Masisi and other financial experts, the BTCL boss highlighted that their net dividend yield at 6.5% compares favourably to most companies on the exchange, and is higher than the market average of 4.3% for domestic companies.