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BID Corporation Ltd (JSE: BID) | SHARE PRICE

Nigel Firth
Nigel Frith trader
Updated 24 May 2024

BID Corporation Ltd is an international broadline foodservice group listed on the Johannesburg Stock Exchange (JSE) that is present in all continents other than North America and Antarctica. BID Corporation Ltd is focused on growth opportunities through achieving the appropriate business mix by selling more products to existing customers and gaining new customers, acquisitions to expand geographic reach and expanding product ranges and via larger acquisitions to enter new markets.

Latest AECI Limited Share Price

The graph above shows the latest BID Corporation Ltd share price on the Johannesburg Stock Exchange. Investors have seen BID Corporation Ltd shares perform well historically, and it remains a steady investment. BID Corporation Ltd stock is live on the JSE under the stock symbol of BID and is available to trade via various brokers in South Africa.

What is BID Corporation Ltd

BID Corporation Ltd operates as a holding company and operates in the foodservice business through the following segments: Australasia, United Kingdom, Europe, Emerging Markets and Corporate.

The history of BID Corporation Ltd can be traced back to 1 March 1988 when Bidvest was founded by Brian Joffe.

Bidfood Australia previously operated under this Bidvest name but after decades of success in foodservice, Bidvest decided to separately list its foodservice operations in 2016, renaming as Bidcorp (JSE: BID).

Today, BID Corporation Ltd has a diversified portfolio of products and services in more sectors of the consumer services value chain and renders the following services: the distribution of chilled and frozen foods, fresh produce, meats, and non-food products to operators around the globe.

Subsidiaries of BID Corporation Ltd include Bidfood Australia Limited, and more.

BID Corporation Ltd has its headquarters at North Wing, 90 Rivonia Road, Sandton, Johannesburg, 2196.

BID Corporation Ltd has more than 23,427 employees and currently serves clients worldwide.

The current CEO of BID Corporation Ltd is Markus Erhart.

BID Corporation Ltd.’s equity stocks are for sale online on the Johannesburg Stock Exchange (JSE) under the stock symbol BID.

BID Corporation Ltd forms part of the Food and Drug Retailers Industry and the Consumer Services Sector of the Johannesburg Stock Exchange (JSE).

BID Corporation Ltd

BID Corporation Ltd Stock Performance

The current price for BID Corporation Ltd stocks on the Johannesburg Stock Exchange (JSE) is 313.29 ZAR.

BID stocks closed a recent trading day (Friday 17 September 2021) at 317.57 ZAR per share on the Johannesburg Stock Exchange (JSE), experiencing a 1% gain from its previous closing price of 314.49 ZAR.

An analysis of financial data of BID Corporation Ltd showed that the company has a total market capitalisation of 107 Billion ZAR, with a Price/Earnings ratio of 78.49 and earnings per share of 4.0460 ZAR. The dividend per share of BID was 3.30 ZAR and its dividend yield was 1.04%. A total of 335 Million shares were outstanding.

With an increase of earnings per share and reliable profits over a period, investors who want to buy or sell BID Corporation Ltd stocks can be assured of lucrative dividends and earnings in times to come.

According to an analysis on the live chart of BID Corporation Ltd, analysts forecast further improved performance for Consumer Services Sector with market share growing as trading volumes increase.

Highlights of BID Corporation Ltd in 2021

BID Corporation Ltd started the current financial year (2021) with a share price of 263.03 ZAR on the Johannesburg Stock Exchange (JSE), and it has gained 20.7% in value on its price valuation, ranking 146th on the JSE where its year-to-date performance is concerned.

BID Corporation Ltd is currently the 100th most-traded stock on the JSE and it has experienced a total trading volume of more than 49 million shares, which were finalised in 233,942 deals and were valued at a total of 15.5 billion ZAR over the recent three month period from 22 June to 17 September 2021, with an average of 778,314 shares in each trading session.

During the same period a volume high of 3.31 million was achieved on 16 September and a low of 252,686 on 30 August.

How to buy BID Corporation Ltd stocks – Step by Step

The stock market is one of the most attractive financial markets that sees millions of retail investors and traders' participating daily. To buy, sell or trade BID Corporation Ltd stocks on the Johannesburg Stock Exchange (JSE), traders and investors can follow a few simple steps:

  1. Find the share that you want to buy, in this case, “BID”.
  2. Select a forex broker that offers access to the Johannesburg Stock Exchange (JSE).
  3. Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading plan.
  4. Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading account.
  5. You are now ready to make your first share purchase through the broker.
  6. You can further start to build and diversify your portfolio by buying more shares.


The Johannesburg Stock Exchange (JSE) was founded in 1887 during the first South African gold rush. Today it is the principal stock exchange of South Africa and the largest exchange on the continent.

The Johannesburg Stock Exchange is located in Sandton, Johannesburg and is described as the engine room of the South African economy, with the main purpose of facilitating the raising of primary capital for listed companies while improving job opportunities and wealth creation by providing an orderly market for dealing in securities for investors.

The JSE upgraded to electronic trading in 1996, and in 2005, demutualized and listed on its own exchange.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.