Friday Email: 04 April 2014
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
THere was very little to go on last week with only one company that we cover reporting and that was Polymetel International. However two of our small cap stocks reported and we did a separate write up on them yesterday. Cathay look set for a very good 'transformational' 2014 and Toumaz look set for a strong period from 2015 onwards with a fivefold increase in revenues targetted by 2017. The market should start to recognise these two in fairly short time.
The week ahead looks as quiet as the week just passed unfortunately so very little to look forward to. The FTSE 100 was up about 30 points on the week by the close of play on Thursday and the futures are showing a good start to Fridays trading.
I noticed that the 'todays top yield' on the front page of our website was at 13.2% annualised so I thought I would check it out. It turned out to be Belgacom who have decalred their dividend at 168 cents, going ex dividend on the 22nd April and paying out on the 25th April. For the next three years they have promised to pay a final dividend of 100 cents and an interim of 50 cents (usually in December) Provided the tax situation is not too damaging, that is a pretty good income stream by any standards.
The Friday email is delivered to over 20,000 subscriber’s every week, and remains a widely read run-down of recent events and what investors can expect in the week ahead written by our chief analyst Mark Riding.
It’s included as part of the free DividendMax trial.
Read next: 28 March 2014
That was another relatively directionless week in the markets with the FTSE 100 having ended the week at pretty much the level it began.
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