Overview
Description
Barloworld Limited Preferred shares represent a specialized class of equity in the Barloworld Limited company, which is a leading provider of industrial brands and integrated distribution services. Preferred shares like these generally offer distinct advantages over common stock, such as fixed dividend payments and prioritization over common shares in the event of liquidation. Barloworld Limited is primarily engaged in distribution for the mining, construction, and agricultural sectors, providing vital equipment and services in these industries. The company also has a significant presence in the logistics and vehicle sectors, including car rentals and fleet services.
In the financial market, Barloworld Limited Preferred shares play a crucial role for investors seeking stable, income-focused investment opportunities with less volatility compared to common shares. Their structured dividends provide a predictable income stream, making them appealing to risk-averse participants in the financial ecosystem. Overall, Barloworld Limited Preferred shares contribute to the company's capital structure, offering a blend of investment income stability while underpinning its diverse operational endeavors across pivotal sectors of the economy.
About
CEO
Mr. Dominic Malentsha Sewela B.Sc.
Employees
6316
Address
61 Katherine Street
Sandton P. O Box 782248
Sandton, 2196
Sandton P. O Box 782248
Sandton, 2196
Phone
27 11 445 1000
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
South Africa
MIC code
XJSE