This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.
A UK 100 Dividend Bonanza
The UK’s UK 100 has had a massive boost into the end of the week, having rallied by nearly 200pts since the Bank of England cut interest rates to record lows and boosted both QE and the funding for lending scheme. The index looks to now be consolidating ahead of another potential push higher next week, but gains are by no means guaranteed and there remains one significant hurdle that will hit next Thursday, 11 August.
Next Thursday sees a veritable barrage of UK 100 giants going ex-dividend. These are not small dividends either, given the current economic landscape, and represent the strong desire of the UK blue chips to deliver returns to shareholders. These dividend payments are worth about 36 points on the UK 100 , and will be paid to investors who hold long positions both in the index and some well-known stocks. This is not something we see often and provides a great opportunity for investors and traders to get a little more out of their trades. The following blue chip companies and UK indices are on your side next Thursday!
These are big dividends, and the advantage of picking up the above stocks / index positions using a CFD is that you’ll be paid the dividend on the ex-dividend date – that’s Thursday 11 August – before the traditional shareholders get theirs! This is the sort of valuable information our clients get on a daily basis – if you’d like more of the same, well, you’ll just have to sign up to trial our research offering here. For more information on the above dividend payouts, call our trading floor direct on 020 3051 7467.
Here’s looking forward to next week!
Sunni Dhanjal, Senior Trader
This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.
Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research
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