Friday Email: 27 March 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:
We finally saw the FTSE 100 breach the 7000 barrier and it looked like it was going to kick on until Wednesday saw the Dow plunge 290 points to spark a sell off on global markets throughout Thursday.
The past week saw some solid dividend increases from AG Barr (10%) and Wolseley (10%). GVC Holdings increased by 12% in Euro terms and S&U, which would be a candidate for inclusion in our latest research on the reporting season just past, increased by 25%. However, the star of the show was Bellway, who we highlighted to members on the 21st January as the strongest dividend performer in the housing and construction sector over the past decade. They did not disappoint as they increased their 2015 interim dividend by 56.3%.
The week ahead is very quiet from a reporting perspective with high yielding Chesnara reporting and also retail giant Kingfisher.
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.
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Read next: 20 March 2015
The FTSE 100 has had a good week rising almost 200 points on the week and hitting record highs on Thursday and again this morning, although it has now fallen back from them. Companies earnings continue to be strong and this will continue to drive the market higher through to the end of the year. There will be some bad times along the way as always, but as a general rule, stick with dividend paying stocks with dividend growth forecast and you will not go too far wrong.