CPIP - Capitec Bank Preference Shares
The Capitec Bank Preference Shares (CPIP) stock is a non-redeemable, non-cumulative, non-participating preference share issue by Capitec Bank Limited on the JSE. Capitec Bank is a retail bank providing simplified and affordable banking facilities to clients in South Africa.
The terms and conditions of the CPIP preference shares provide that Capitec Bank may adjust the dividend rate payable on preference shares to the extent that an amendment to the Income Tax Act results in the preference dividend becoming taxable in the hands of the preference shareholders together with an equal saving by the company as a result of such income tax legislative amendment.
Capitec Bank Preference Shares is listed on the Johannesburg Stock Exchange (JSE). Capitec Bank Preference Shares is traded on the JSE under the ticker symbol “CPIP”. The International Securities Identification Number (ISIN) of JSE:CPIP is ZAE000083838. Capitec Bank Preference Shares is currently the 385th most valuable stock on the JSE with a market capitalization of ZAR 57 million, which makes about 0.0003% of the Johannesburg Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 0 |
| Number of Deals | 0 |
| Gross Turnover | 0.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 566,864 |
| Market Capitalization | 57M |
CPIP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| -5.19% | -5.19% | +0.5% |
| 6MO | 1YR | YTD |
|---|---|---|
| -0.5% | -8.64% | -0.5% |
The current share price of Capitec Bank Preference Shares (CPIP) is ZAR 100.50. CPIP closed its last trading day (Tuesday, May 30, 2023) at 100.50 ZAR per share on the Johannesburg Stock Exchange (JSE), recording a 5.2% drop from its previous closing price of 106.00 ZAR. Capitec Bank Preference Shares began the year with a share price of 101.00 ZAR but has since lost 0.5% off that price valuation, ranking it 183rd on the JSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that CPIP has lost 5% of the stock’s value from May 4th to date.
Capitec Bank Preference Shares is the 360th most traded stock on the Johannesburg Stock Exchange over the past three months (Feb 28 - Jun 1, 2023). CPIP has traded a total volume of 74,985 shares—in 80 deals—valued at ZAR 7.41 million over the period, with an average of 1,190 traded shares per session. A volume high of 15,935 was achieved on April 3rd for the same period. The table below details the last 10 trading days of activity of Capitec Bank Preference Shares on the Johannesburg Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-05-30 | 6 | 100.50 | -5.50 | -5.19% |
| 2023-05-22 | 53 | 106.00 | ||
| 2023-05-18 | 2,000 | 106.00 | +6.00 | +6.00% |
| 2023-05-16 | 2,009 | 100.00 | -5.00 | -4.76% |
| 2023-05-10 | 4,067 | 105.00 | +5.00 | +5.00% |
| 2023-05-09 | 4,051 | 100.00 | -0.01 | -0.01% |
| 2023-05-05 | 12 | 100.01 | -5.99 | -5.65% |
| 2023-05-04 | 5,910 | 106.00 | +1.00 | +0.95% |
| 2023-04-26 | 8,914 | 105.00 | ||
| 2023-04-24 | 214 | 105.00 |
Profile of Capitec Bank Holdings Limited
Capitec Bank Holdings Limited was founded on November 23, 1999 and operates in the Financials sector, specifically, the Banking industry. Capitec Bank Holdings contracts an estimated total number of 13,069 employees.
Factsheet of Capitec Bank Holdings Limited
- Sector
- Financials
- Industry
- Banking
- Address
- 5 Neutron Road, Techno Park, Stellenbosch, 7600, South Africa
- Telephone
- +27-21-809-5900
- Website
- www.capitecbank.co.za
CPIP Industrial Market Competitors
Capitec Bank Holdings Limited, issuers of the CPIP and Capitec Bank Holdings Limited (-26.69%) stocks on the Johannesburg Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Banking industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| INPP | Investec Plc Preference Shares | 314M | 114.00 | +1.79% |
| INPPR | Investec Plc Preference Shares - Rand | 11.8M | 90.00 | -1.1% |
| FSR | FirstRand Limited | 343B | 61.18 | -1.51% |
| NED | Nedbank Group Limited | 104B | 208.50 | -1.92% |
| INP | Investec Plc | 68.9B | 105.40 | -2.11% |
| INL | Investec Limited | 31.3B | 104.55 | -2.74% |
| INPR | Investec Ltd Preference Shares | 2.2B | 88.50 | -5.6% |
| SBKP | Standard Bank 6.5% Preference Shares | 1.26B | 0.75 | -6.25% |
| SBPP | Standard Bank Preference Shares | 4.43B | 83.55 | -7.17% |
| SBK | Standard Bank Group Limited | 256B | 152.90 | -8.87% |