Friday Email: 19 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 broken records this week as it flew through 7500. I continue with my (so far justified) bullish view on the market for the time being in spite of the inflation spectre which I talked about some weeks ago as being an acceptable 'evil' given the inevitable imported inflation as a result of the currency devaluation post the Brexit vote. In spite of the political troubles in the US, the FTSE 100 remains up over 50 points on the week.
Lloyds bank has finally become a private company again and I, like Neil Woodford who has recently bought into the bank believe this is an important moment for Lloyds who enjoy a dominant position in the UK retail banking scene.
The past week has actually been quite busy and the dividend picture remains quite rosy with the likes of Avon Rubber,DCC, Sophos, SSP Group and Euromoney Institutional Investor increasing their dividends significantly.
The week ahead is very busy especially on Tuesday and Wednesday with some companies also reporting on Thursday. Friday is quiet. Big dividends going ex-dividend this coming week come from Capita, Manx Telecom and Soco International.
New into DividendMax this week at the request of members we have Hostelworld and VPC Specialty Lending.
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: 12 May 2017
The FTSE 100 has had a good week and is up about 150 points. The markets reacted favourably to the French election result.
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