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.
