5 Best High Yield JSE Shares

The 5 Best High-Yield JSE Shares revealed. We have performed in-depth fundamental and technical research to identify the top JSE equities with a high yield of at least 5%.

This is a complete guide to the 5 Best High-Yield JSE Shares.

5 Best High Yield JSE Shares Revealed (2025):

1. ☑️ Ninety-One Limited (JSE: NY1)
2. ☑️ YeboYethu (RF) Ltd (JSE: YYLBEE)
3. ☑️ Sygnia Limited (JSE: SYG)
4. ☑️ Standard Bank Group Ltd (JSE: SBK)
5. ☑️ Combined Motor Holdings Ltd (JSE: CMH)

In this in-depth guide you’ll learn:

• What is a High-Yield Share?
• 5 Best High-Yield Shares on the JSE
• How to choose High-Yield Dividend Stocks
• The Best Share Brokers in South Africa

Ninety-One Limited (JSE: NY1)

The Ninety-One Group, an independent global asset management company run by its founder, was formed in South Africa in 1991. It provides a range of high conviction, active approaches to an exclusive clientele all around the globe.

To better serve its clients, The Ninety-One Group currently has two channels of distribution (Institutional and Advisor) as well as five regional teams (referred to as Client Groups) situated in Africa, the United Kingdom, Asia Pacific, and the Americas, and Europe.

Ninety-One Plc is now ranked as the 66th most valuable stock on the JSE with a market value of ZAR 36.8 billion, or around 0.185% of the stock market.

YeboYethu (RF) Ltd (JSE: YYLBEE)

YeboYethu (RF) Limited is based in South Africa and was founded specifically to have a direct share in Vodacom Proprietary Limited (“Vodacom SA”) and promote Black Economic Empowerment (“BEE”) in the mobile telecommunications sector.

With a market value of ZAR 2.38 billion, YeboYethu (RF) Ltd is now the 201st most valuable stock on the Johannesburg Stock Exchange, accounting for around 0.012% of the equities market.

Sygnia Limited (JSE: SYG)

The financial services company Sygnia Ltd. and its affiliates, which together are referred to as “the Firm,” is based in South Africa and trades on the JSE and A2X Markets.

Most of the institutional and retail clients of the Group are headquartered in South Africa, where they may benefit from the firm’s specialist investment management, savings products, and administrative solutions.

With a market value of ZAR 2.73 billion, Sygnia Limited is now the 193rd most valuable stock on the Johannesburg Stock Exchange, accounting for around 0.014% of the equities market.

Standard Bank Group Ltd (JSE: SBK)

Standard Bank Group is a prominent financial institution in South Africa involved with wealth management, wire transfers, savings accounts, borrowing, lending, insurance, and consultancy, to only name a few services.

Standard Bank Group has customers all over the world, and it is primarily listed on the Johannesburg Stock Exchange (JSE), with secondary listings on the A2X Markets and the Namibian Stock Exchange (NSX).

With a market value of ZAR 268 billion or around 1.35% of the Johannesburg Stock Exchange’s equity market, Standard Bank Group Limited is now the 13th most valuable stock on the JSE.

Combined Motor Holdings Ltd (JSE: CMH)

Combined Motor Holdings Ltd. is a diversified investment holding company whose subsidiaries operate in the retail motor, automotive rental, and financial services sectors.

Since it does not participate in trade activities directly, Combined Motor Holdings delegates all business operations to its subsidiaries.

With a market value of ZAR 1.93 billion or around 0.0097% of the equity market on the Johannesburg Stock Exchange, Combined Motor Holdings Ltd is the 215th most valuable stock currently.

What is a High-Yield Share?

A high-yield stock is one whose dividend yield is more than the benchmark average yield. The categorization of a high-yield stock depends on the criteria of a particular analyst.

A high dividend yield suggests that the company is undervalued since the pay-out is greater than the firm’s price, and high dividend yields are sought after by income and value investors.

During downturn markets, high-yield companies often beat low-yield and no-yield equities because many investors see dividend-paying firms as less risky.

How to choose High-Yield Dividend Stocks

When investors acquire shares, they become partners to the profits made by the firm through its operations. The company can choose to either disperse these earnings or reinvest them totally or in part to enhance production or grow.

The gains given to shareholders are termed a dividend, and this is a wonderful approach to making a stable income via stock investing.

However, not all corporations declare huge dividends. Hence, if investors are searching for a regular income source via stocks, then they must look for firms that have a history of paying significant dividends.

The dividend yield is a statistic that measures the annual dividend paid out by a firm as a percentage of the current stock price.

The formula is simple:

• Dividend Yield = Annual Dividend × 100 / Share Price

Considerations for choosing High Dividend Yield Stocks in South Africa

The dividend yield alone is not sufficient information for investors to base their judgments on. Since dividend yield is a ratio of dividends to stock price, it rises when share prices fall.

If you invest in these stocks without investigating the cause of the price reduction, you could lose money. Therefore, while selecting high dividend yield companies, investors should consider the following:

• The firm must have a record of accomplishment of regular dividend payments.
• The dividend yield of the stock should increase annually.

Companies with high dividend yields are more likely to be stable and increase if certain conditions are met. When assessing high dividend yield firms, investors should think about the following criteria.

• Ensure that the dividend yield increases yearly.
• A sustainable payout ratio refers to the ratio of the company’s yearly income to its annual dividends. This must be compared to other businesses in the same industry. A lower payout ratio often signals dividend sustainability.
• Investors must consider the cash dividend payout ratio to analyze the sustainability of overall pay-outs. This is the proportion of operational cash flows subtracted from capital expenditures paid out as dividends by the corporation.
• The overall return since the most recent dividend payment.
• Examine closely the earnings per share (EPS). This is the company’s net income divided by the total number of outstanding shares. It provides a view of the company’s profitability to its stockholders. A corporation with a high dividend yield ratio and continuous earnings per share growth is often seen as a solid investment.
• Investors must consider the company’s Price to Earnings (P/E) ratio. This might assist them in determining if the present market price of the company’s shares is overpriced or undervalued. Therefore, they will be more equipped to evaluate the stock’s dividend yield.

The Best Share Brokers in South Africa

In this article, we have listed the best brokers which offer share trading to traders. We have further identified the brokers that offer additional services and solutions to traders.

Best MetaTrader 4 / MT4 Share Broker in South Africa

Overall, IG is the best MT4 Share Broker in South Africa. IG provides flexible account options, more than 19,000 assets, low spreads, and a secure trading environment. MetaTrader 4 is one of the trading platforms available to all IG traders across web, desktop, and mobile.

Best MetaTrader 5 / MT5 Share Broker in South Africa

Overall, Axiory is the best MetaTrader 5 Share Broker in South Africa. Equipped with Equinix datacentres and Axiory trading software, South African dealers could execute trades in less than 200 milliseconds. South African traders have access to 150 trading products and resources thanks to Axiory, which supports FX, CFDs, cTrader, MetaTrader 5, and the FIX API.

Best Share Broker in South Africa for beginners

Overall, CM Trading is the best Share Broker in South Africa for beginners. All traders have access to the trading platforms and liquidity offered by CM Trading. A beginner can easily learn about the financial markets using CM Trading’s instructional materials, which include eBooks, trading videos, webinars, and live seminars.

Best Low Minimum Deposit Share Broker in South Africa

Overall, Axi is the best Low Minimum Deposit Share Broker in South Africa. Axi offers competitive trading conditions and was developed by traders. Traders can choose one of three retail investor accounts with a zero ZAR deposit. With zero-pip spreads, Axi’s Pro Account commissions are $7 each round turn.

Best ECN Share Broker in South Africa

Overall, Exness is the best ECN Share Broker in South Africa. As one of the best ECN share brokers in South Africa, Exness attracts an average of 15,000 new clients daily. Exness provides sophisticated and advanced tools for South Africans to choose the shares they want to trade on MT4 and MT5.

Best Islamic / Swap-Free Share Broker in South Africa

Overall, FXTM is the best Islamic / Swap-Free Share Broker in South Africa. The South African market is a large element of FXTM’s business, and one of its flexible account options is an Islamic Account. Muslim traders may trade swap-free with FXTM without paying higher spreads, administrative fees, or other expenses.

Best Forex Trading App in South Africa

Overall, OANDA is the best forex trading app in South Africa. Attributable to strict regulation and a variety of safety mechanisms, OANDA’s FX and CFD platforms are safe and transparent. For Android and iOS devices, OANDA has a mobile app that mirrors its simple desktop user experience.

Best ZAR Trading Account Share Broker in South Africa

Overall, HFM is the best ZAR trading account Share Broker in South Africa. For South Africans, HFM is a well-known and well-regulated broker, and ZAR accounts and friendly multilingual support are offered by HFM. According to World Finance, HFM is among the top 100 companies, making it a reliable broker for South African traders of all experience levels.

Best Lowest Spread Share Broker in South Africa

Overall, LiteFinance previously known as LiteForex is the best lowest spread Share Broker in South Africa. LiteFinance offers market execution for trading and two retail accounts. South African traders could expect 0.0 pip and $0.25 per share fees from LiteFinance.

Best Nasdaq 100 Share Broker in South Africa

Overall, AvaTrade is the best Nasdaq 100 Share Broker in South Africa. The Nasdaq 100 and other international markets are accessible to South African traders via AvaTrade. Along with the advantage of commission-free trading and dependable trading software, traders could anticipate competitive trading conditions.

Best NDD Share Broker in South Africa

Overall, Capital.com is the best NDD Share Broker in South Africa. A single live account with a variety of trading items is offered by Capital.com. As a commission-free ECN and STP NDD broker, Capital.com offers spreads starting at 0.6 pip.

Best STP Share Broker in South Africa

Overall, ACY Securities is the best STP Share Broker in South Africa. Renowned NDD broker ACY Securities offers STP execution on trades using ECN. ACY Securities receives zero-pip spreads aggregated from 16 international banks and liquidity sources.

Best Sign-up Bonus Share Broker in South Africa

Overall, FBS is the best sign-up bonus share broker in South Africa. FBS offers new traders a no-deposit sign-up bonus and an additional sign-up incentive that could help them get started trading right away once they have verified their trading accounts.

Conclusion

As an investor, you should always remember that a single metric cannot show how strong a business or its stock is. Before investing, dividend investors need to find out about the company’s financial health, growth plan, position in the market, how well it manages its business, etc.

Stocks that pay out a lot of dividends are great for any investor’s portfolio. But people should make sure that the company is worth investing in and not buy stocks based on dividend yield alone.

Frequently asked questions

Is it a wise decision to purchase high dividend stocks?

Yes, it is possible. Dividend investments have the potential to provide extremely high returns. Dividend-paying stocks have often outperformed the market overall.

What kind of stock has a high dividend yield?

Stocks that have dividend yields of 5% or more are referred to be high yields. Buying high-yield stocks might be a great method to guarantee a consistent income in retirement.

Should I buy dividend-paying JSE stocks?

You should consider buying dividend-paying companies when you first begin investing so that you may benefit from their long-term benefits. Stocks that pay dividends have outperformed the market and been less volatile, especially those of companies that keep or increase their pay-outs.

Which is preferable, growth or dividends?

Overall, dividend companies outperformed growth stocks and the overall market. There is a significant chance that dividend firms will beat growth equities in terms of return.

What is the average rate of dividend growth?

Global dividend growth has also picked up speed, rising from 28% over five years to 32.63% over the last three years, including a 31% increase in 2025.