Friday Email: 11 March 2016
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
Another busy week as the reporting season continues to unfold. The market initially seemed happy with what the ECB did on Thursday, but then turned down shortly after. The markets were saying 'do something' and when the ECB did it and more, it rose initially and then fell quite sharply. Now, this morning it is back up again. Volatile stuff. Over the past five days, the FTSE 100 is down about 50 points.
The past week saw some good dividend increases from 32Red (21.4%), Cineworld, (28.7%), Foxtons (13.4%), Grafton Group (16%), 4imprint (30%), Restaurant Group (13%), Lookers (10%), Marshalls (19%), Computacenter (12.6%) and Savills (13%)
The week ahead is much quieter than previous weeks as the reporting season dies down somewhat. We would expect Legal & General to continue with its recent excellent track record of dividend increases. They report on Tuesday.
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: 04 March 2016
The markets have continued their recent strength this week with the FTSE 100 up over 100 points this week and the FTSE 250 up almost 350 points by the close of play on Thursday. It has been a big week for reporting as is the case at this time of the year and the dividend picture remains very good overall. I am still worried about the uncertainty surrounding Brexit, however the fundamentals seem sound in most cases.
— Interested in a free trial? —