Friday Email: 14 July 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 a a decent week after falling to a low of 7306 on Tuesday and is currently trading in the pre-market at 7421.
The past week saw good dividend increases from Gateley (17%), Microfocus (32.1%), Dart Group (26%) and AdEPT telecom (19.2%). We also saw the horrendous profit warning from Carillion which has seen the shares lose 75% of their value and saw the dividend cut for 2017 at least; probably 2018 as well.
The weeek ahead sees IG Group report their final results and for me this always signals the start of the reporting season, albeit, the half yearly reporting season whilst they report their Final results!, so there are a few interim announcements next week. In the week beginning the 24th July, things become extremely busy. These results are very important as the interim dividend announcements tend to set the tone for the whole year. It is often, but not always the case that the percentage increase in the interim dividend is reflected in the final dividend.
New into DividendMax this week at the request of a member we have Topps Tiles (TPT)
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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