Friday Email: 11 August 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 fallen sharply the past three days as the tensions with North Korea mount. After a good start to the week reaching a level of 7549 on Tuesday, the index has fallen over 200 points and is currently trading at 7319 with another big fall this morning.
The past week has been a good one for dividend declarations with plenty of double digit dividend increases including Old Mutual this morning with 32%, Cineworld (15.4%), Hill & Smith (11%), Derwent London (25%), Worldpay (23%), Hastings (24%), Spirax-Sarco (13%), Paddy Power Betfair (25%) IWG (13%), T. Clarke (20%) and Polypipe with 16.1%.
Evraz returned to the dividend list with a hefty 30 US cents interim dividend (roughly 23p at current exchange rates) for a yield of 8.8% against the current share price of 259p.
The week ahead sees a reduction in corporate reporting although we do see results from two finanical heavyweights; Admiral and Hargreaves Lansdown.
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 August 2017
The FTSE 100 has had a good week and is up just over 100 points, boosted by the monetary policy committee decision to hold interest rates at their record low level yesterday.
— Interested in a free trial? —
