Friday Email: 07 August 2020
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 around 120 points this week.
The past week, we saw more previously cancelled dividends reinstated and some solid dividend declarations this morning from Standard Life Aberdeen, Hargreaves Lansdown, TP ICAP, Hikma and PRS REIT.
The week ahead continues to be busy.
Going ex dividend this coming Thursday with yields in excess of 2% we have Direct line 2.2% interim and 4.4% special (which was the previously cancelled final dividend). Lindsell Train Investment Trust (3.5%), Phoenix Group (3.3%), Severfield (3.1%), Smurfit Kappa (2.8%), Ferrexpo (2.6%) and Legal & General for 2.2%.
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: 31 July 2020
The FTSE 100 is down just over a hundred points this week. The dividend picture has been mixed with a good number of companies choosing to continue with their dividend cuts and some companies choosing to pay previously cancelled Final dividends with their interim dividends. BAE systems and Ultra Electronics both did this. Vesuvius, Equiniti, Inchcape, Fuller Smith and Turner and RSA Group all decided to continue with their dividend cuts.
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