Friday Email: 27 July 2018
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 is up slightly on the week and is currently trading at 7695.
The past week was very busy and there were plenty of good dividend increases declared including Jupiter Fund Management (16%), Rightmove (14%), Inchcape (13%), Smith & Nephew (13.8%), Renishaw (15%), Huntsworth (27%), IG Group (34%), Unite (30%) and Fevertree drinks with a 40% increase.
The week ahead remains extremely busy as the reporting season continues. Going ex-dividend this Thursday with a payout of over 3% from the single dividend we have Greene King (4.7%), Micro Focus International (3.3%) and CMC Markets with 3.1%.
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: 20 July 2018
After a large fall on Monday the FTSE 100 has clawed its way back to a gain on the week of around 40 points and it is currently trading at 7700. This is mainly due to the weakness of sterling boosting the large overseas earners. The pound is reacting badly to the stalling Brexit talks and the political uncertainty surrounding the Government. The miners have been under pressure due to falling commodity prices.