Friday Email: 14 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 about 20 points on the week (up 150 points at last nights close) as a result of a big fall of 130 points this morning as fears of a prolonged recession and poor Chinese data weigh on the markets.

The dividend picture remains similiar to the past few weeks of the reporting season with some companies choosing to reinstate previously cancelled dividends, whilst others extended their 2019 final dividend cuts into first half of 2020 with no interim dividend.

The week ahead sees more company reporting, albeit at a reduced level.

Going ex dividend this coming Thursday with yields in excess of 2% we have PLUS 500 (4.9%), Evraz (4.4%), Devro (3.5%), M&G (3.3%), Mondi (2.9%), Standard Life Aberdeen (2.7%), Berkeley Group (2.3%) and Drax for 2.3%.

This email was originally sent on Friday 14 August 2020

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.