Friday Email: 27 February 2015
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
That was a hugely busy week that provided investors with all time closing highs on the FTSE 100 index, a nice quantity of special dividends and no shortage of big dividend increases for income seekers to get their teeth into. The specials came from Jupiter, synthomer, bodycote and elementis.
Double digit increases came from Rightmove, Playtech, Spirent, Domino's Pizza, Howden (over 50%) Synthomer, RPS, Barratt, St James' Place (50%), Restaurant Group, Capita, Rentokil, International Personal Finance, Man Group, Henderson, Elementis, Providend Financial, Genus, Mondi, Unite (over 100%), Bovis Homes (over 100%) and Countrywide (over 100%)
Lloyds bank returned to the dividend list but it has been so long since they paid a dividend that they have forgotten what to do, so we cannot update DividendMax at the moment as they neglected to provide an ex-dividend or payment date.
The week ahead continues to be very busy but not as intensive as last week. I have been to the city a couple of times this week and there is a real buzz about the place. Once the election is out of the way, the stock market could well have a very good year. It is not doing too badly as we face the election and politicians aside, companies are delivering very good results.
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: 20 February 2015
The market continues to hold steady near all time highs in spite of the situation in Greece, with the markets waiting on the outcome of the finance ministers meeting this afternoon. Expect a volatile run up as rumours and counter rumours surrounding the outcome hit the market. The outcome is difficult to predict, but I would expect some sort of compromise to help the new government of Greece and avoid a situation that might spread across the Eurozone. Especially at a time where the green shoots of economic recovery in the Eurozone are beginning to emerge. Also the uncertainty created by a Greek exit would be a slap in the face to the Spanish, Irish and the Portugese who have suffered great austerity themselves. So I would expect a very small token, but not too much.
— Interested in a free trial? —