Questor Income Portfolio: ‘Nothing has changed’ was the company’s message to shareholders this week. But there was a surprise lurking in Premier Oil’s statement It was a blow for this column when in May Royal Mail announced that it would cut its dividend for the 2019-20 financial year. It was …
Read More »Seven Days: 19 July 2019
Brexit delayed? New president speaks New EU Commission president Ursula von der Leyen hinted at the possibility of a delay to the United Kingdom’s exit from the bloc, which is scheduled for 31 October 2019. “I stand ready for further extension of the withdrawal date, should more time be required …
Read More »Imperial Brands Announces New Dividend Policy
High-yielding FTSE 100 income stock Imperial Brands (IMB) has changed its dividend policy and announced plans for a £200 million share buyback programme. The company will stick with its target of a 10% rise in its dividend this year, ending September 30, but thereafter will adopt a flexible approach to …
Read More »US casino merger lifts shares in William Hill
Investors placed bets on William Hill on hopes that a mega casino deal in the US will help the bookie tap America’s emerging sports betting market. Caesars Entertainment, which owns Caesars Palace in Las Vegas, was snapped up by Eldorado Resorts on Monday in a $17.3bn (£13.6bn) tie-up that will …
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