Distell is a multinational brewing and beverage company. It owns most of the major alcoholic brands in South Africa, brands like Klipdrift, Richelieu, Amarula, 4th street and the iconic Savanna. This is a guide buy Distell shares.
Register with a broker
The first thing you have to do is to find a broker, there are many brokers in South Africa. A broker acts as a middleman that between you and the company you want to buy shares from. I recommend using EasyEquities, a broker that was specifically made for beginners. It doesn’t charge a lot of fees that are charged by other brokers and everyone can use it, even someone with only R100 to invest.
Creating an EasyEquities account usually takes a few minutes if you are a Capitec Bank client. After successfully creating an account, you will get a demo account with R100k, which you can use to practice buying and selling shares.
From your EasyEquities dashboard, do the following.
- Tap on “invest”.
- Select the account you want to invest with.
- Search for “Distell” and click on it.
- Tap on “buy now”
- Enter the amount of money you want to buy with.
- Confirm your transaction.
Distell Group Holdings has produced good returns recently, it’s up 118% within the last 12 months at the time of writing this article. However, it’s up 30% since 2018, which is an average of 10%, those are very good returns.
Conclusion
This was a guide on how to buy shares at Distell. Do you have any thoughts or questions? Comment below.
