Friday Email: 10 August 2024
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 flat on the week. The S&P 500 is down 1.07% and the Stoxx 600 is up 0.59%. The markets have been very volatile this week on spurious fears of a U.S. recession.
The past week has been very busy from a reporting perspective.
The week ahead sees a slowdown in reporting activity as the half yearly reporting season winds down.
In their Final results today Hargreaves Lansdown announced probably their last dividend as a public listed company in another demonstration of the low valuations on the U.K stock market. The board today announced their intention to accept the takeover offer, which is at a 54% premium to what they were trading pre the takeover approach.
Going ex dividend this coming Thursday with yields in excess of 3% from the single dividend we have Abrdn (4.9%) and Harbour Energy for 3.5%.
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.
