Friday Email: 17 August 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 markets have had a relatively poor week with the FTSE 100 falling by over 100 points and the FTSE 250 falling by approximately 250 points. Fears over the Turkish currency and the general worry about US protectionism has hit Asian markets and currencies and this has led to pressure on the miners and commodity prices on fears of a slow down in China.

The past week has seen another solid week for dividend declarations with good increases coming from Hochschild Mining, Balfour Beatty, Marshalls and a return to the dividend list for Kaz Minerals with 6 cents at the interim stage and similar promised for the final dividend. They were trading under 90p in January 2016 and hit 1050 on 18th May 2018 (currently 612p)

Going ex dividend this coming Thursday with yields in excess of 2% for the single dividend we have Plus 500 (5.9%), Dixons Carphone (4.6%), Park Group (3%) and Stagecoach for 2.3%. Bear in mind that the Plus 500 dividend will be subject to a a fairly hefty Israeli witholding tax of 25%.

New into DividendMax at the request of a member we have Hollywood Bowl.


This email was originally sent on Friday 17 August 2018

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.