Friday Email: 12 May 2017
Every Friday morning our lead analyst Mark Riding sends out his weekly run-down and upcoming events in the investor calendar, like this one:
The FTSE 100 has had a good week and is up about 150 points. The markets reacted favourably to the French election result.
The past week saw a little more activity which from a dividend perspective was dominated by TalkTalk going back on the dividend promise made at its half yearly results that they would maintain the dividend at last years level. The shares were pummeled in early trading, but later recovered. They now yield a more realistic 4.5% and the dividend is now covered by forecast earnings.
The week ahead suddenly sparks into life after a good few weeks of relative inactivity as the March year-end stocks start to report. It is nothing like as busy as the December year-end reporting season, but there is plenty going on. We have results from Nex, Diploma, Tui, British Land, SSE, Land Securities, Royal Mail, Burberry, National Grid and Experian.
It is another big week for companies going ex dividend.
New into DividendMax this week at the request of a member we have Clarke (T.)
As part of the ongoing improvements, we have made some changes to the GeneratorMax product to correctly calculate portfolio performance which no longer requires entering an opening cash balance. You may see a change to your portfolio performance as a result.
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.