Friday Email: 20 October 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 moderate week. The FTSE 100 is up about 10 points for the week and is currently trading at 7542.
The past week saw a 13% rise in the Bellway dividend and a big increase from Softcat who also declared a special dividend.
The week ahead is very quiet with interim announcements coming from Whitbread and Bloomsbury.
Going ex-dividend this coming Thursday with big payouts we have Barratt Developements with 5% from their final and special dividend combined. Galliford Try also go ex with a yield of 4.8% from the single dividend and Moss Bros for 2.1%.
The market fell on Thursday as a result of the poor retail sales numbers and worries over the Brexit negotiations. It was also the 30th anniversay of the 1987 stock market crash. However there was to be no repeat of that with the FTSE 100 falling about 50 points to below 7500 before rallying to 7519 at the close.
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.