Friday Email: 20 May 2022
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 and Stoxx 600 are trading flat on the week. The S&P 500 continues to trade lower and is down 1.59% on the week although it should recover some of that today as markets are trading higher this morning.
The past week has been busy from a reporting perspective with plenty of increased dividends. The week ahead is not as busy, although there are five FTSE 100 companies reporting.
Going ex dividend this coming Thursday with yields in excess of 2% from the single dividend we have Cenkos (4.5%), Mears Group (2.8%), Diversified Energy Company (2.8%), Balfour Beatty (2.4%), Vivo Energy (2.3%) and DCC for 2.1%
Quilter is having a return of capital with Share consolidation, the details of which can be found here:
https://otp.tools.investis.com/clients/uk/quilter/rns1/regulatory-story.aspx?cid=2402&newsid=1558607
New into DividendMax at the request of members we have Eco Animal Health, Union Jack Oil, Pod point group Holdings and Solgold
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: 13 May 2022
The FTSE 100 is down 60 points (0.73%) on the week. Inflationary pressures have raised fears of a recession. The S&P 500 continues its very poor run and is down 198 points (4.8%) so far this week. It is down 18% in the year to date! The Stoxx 600 is up 1.47 points (034%). The Stoxx 600 is down 12.24% year to date and The FTSE 100 is down 2.36% year to date.
