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How to spot a quality, dividend-paying company

Wayne McCurrie of FNB talks markets setting new highs. Tharisa CEO, Phoevos Pouroulis, on the company’s production update and Marriot’s Duggan Matthews unpacks the characteristics of a quality share.

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My father always used the following formula that worked like a charm and like Warren Buffet was a buyer not a seller – might be old fashioned but long term strategies have proved to be correct ….especially with resources stocks!
The formula is this …
PE of 12
DY of 3.5%
Good luck

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