Four Stocks Going Ex-Dividend Today: FLTR, GLEN, LAND, MCRO

Four Stocks Going Ex-Dividend Today: FLTR, GLEN, LAND, MCRO

Dividends have lesser volatility as compared to earnings. Therefore, long term investors with less risk appetite can punt on these stocks for regular income or reinvest dividends for cumulative growth. Below is a comparative chart of FLTR, GLEN, LAND, and MCRO.

(Source: Thomson Reuters)

About Flutter Entertainment PLC

Flutter Entertainment PLC (FLTR) is a United Kingdom-based international, multi-channel sports betting and gaming operator, with a market in the United Kingdom, Ireland, Australia, the United States, and internationally. The company primarily operates five sports betting and gaming brands under four divisions: Online, Australia, Retail and US. The company was previously known as Paddy Power Betfair PLC.

FLTR-Dividend

An interim dividend per share of 67 pence was declared recently by the group. Shareholders will be paid the dividend on 09th October 2019. The ex-dividend date is today i.e. 05th September 2019.

FLTR-Financial Highlights for H1 Financial Year 2019 (£, million)

For the first half of the financial year 2019, the company’s revenue surged by 18 per cent to £1,020 million from £867 million in the H1 FY2018. The increase in the revenue was driven by a surge in online sales and strong geographical performance from Australia and US businesses for the period. The company’s gross profit for H1 FY2019 stood at £719 million versus £657 million in the H1 FY2018. The underlying EBITDA declined by 10 per cent from £217 million in the H1 FY2018 to £196 million in H1 FY2019 (pre IFRS 16). The company’s underlying operating profit declined by 17 per cent to £145 million in H1 FY2019 (pre IFRS 16) from £174 million in the H1 FY2018. The PBT (Profit before tax) declined by 24 per cent from £106 million in the H1 FY2018 to £81 million in H1 FY2019. The company’s underlying earnings per share declined by 15 per cent to 148 pence in H1 FY2019 from 173.60 pence in the H1 FY2018. The dividend per share remained flat at 67 pence for the H1 FY2019.

FLTR-Share price performance

On 05th September 2019, at the time of writing (before the market closed, GMT 12:44 PM), FLTR shares were trading at GBX 7,004. Stock’s 52- week High and Low prices are GBX 7,440.00/GBX 5,390.00.

The investors have been consistently benefitted from the dividends payed by the company. According to last seven years data, the highest dividend yield stood at 3.33 per cent in FY16 and the company’s lowest dividend yield was recorded at 1.32 per cent in FY12. 

 

About Glencore PLC

Glencore Plc (GLEN) is among the world’s leading diversified natural resource companies, engaged in the business of production and distribution of minerals and metals, crude oil and oil products, coal and agricultural products. The company currently operates in more than 50 countries and has an employee base of 158,000, including contractors. The company is currently managing over 150 mines across the globe.

GLEN-Dividend

An interim dividend per share of 10 cents was declared recently by the group. Shareholders will be paid the dividend on 24th September 2019. The ex-dividend date is today i.e. 05th September 2019.

GLEN-Financial Highlights (H1 FY19, US$ million)

In H1 FY2019, the company’s adjusted EBITDA was down by 32 per cent to $5.6 billion as compared with the corresponding period of the last year. Net income attributable to equity holders decreased by 92 per cent to $0.2 billion against the $2.8 billion in H1 FY18, due to the impairment charges in the African copper and Chad oil portfolios and lower average period-on-period commodity prices. Adjusted EBIT stood at $2.2 billion, a decrease of 56 per cent from the previous year same period data. Basic earnings per share declined from $0.19 in H1 FY18 to $0.02 in H1 FY19. Funds from operations reduced by 37 per cent to $3.5 billion against the $5.6 billion in H1 FY18, driven by a decrease in commodity prices and operational challenges in African operations.  Cash generated by operating activities, before working capital changes, stood at $5.4 billion, a 21 per cent decline against the same period in 2018. Net purchase and sale of property, plant and equipment surged by 7 per cent to $2.2 billion as compared with the corresponding period of the last year

GLEN-Share price performance

On 05th September 2019, at the time of writing (before the market closed, GMT 01:00 PM), GLEN shares were trading at GBX 236.15. Stock’s 52- week High and Low prices are GBX 343.90/GBX 218.60.

The investors have been consistently benefitted from the dividends payed by the company. According to last seven years data, the highest dividend yield stood at 4.5 per cent in FY15 and the company’s lowest dividend yield was recorded at 1.9 per cent in FY17.

About Land Securities Group PLC

Land Securities Group Plc (LAND) is a London Stock Exchange-listed holding company. Its area of operations is divided into two categories, Retail portfolio and the London Portfolio. The company makes an investment in real estate sector which includes shopping centres, shops and offices. The company also made small investments in residential, leisure and hotel properties.

LAND-Dividend

A quarterly dividend per share of 11.6 pence was declared recently by the group. Shareholders will be paid the dividend on 4th October 2019. The ex-dividend date is today i.e. 05th September 2019.

LAND-Financial Highlights (FY2019, £million)

During the financial year 2019, the group’s total revenue stood at £757 million against £830 million in the financial year 2018. The company’s total operating loss for FY2019 was £40 million against an operating profit of £505 million in FY2018. The total before tax-loss expanded to £123 million from a loss of £43 million reported in the FY18. Basic and diluted loss per share for FY19 stood at 16.1 pence against the per-share loss of 5.8 pence recorded in the year-ago period. However, on an adjusted diluted basis, the group recorded an earnings per share of 59.7 pence and recorded a growth of 12.4 per cent on YoY basis, this was mainly on account of increased revenue profit and lower shares in issue as compared with the previous financial year. Full Year dividend per share of the group was up by 3.1 per cent to 45.55 pence.

LAND-Share price performance

On 05th September 2019, at the time of writing (before the market closed, GMT 01:05 PM), LAND shares were trading at GBX 762.40. Stock’s 52- week High and Low prices are GBX 940.20/GBX 731.80.

The investors have been consistently benefitted from the dividends payed by the company. According to last seven years data, the highest dividend yield stood at 4.04 per cent in FY18 and lowest dividend yield stood at 2.20 per cent in FY15.

About Micro Focus International PLC

Micro Focus International Plc (MCRO) is a UK based company, which focuses on delivering and software and supporting functions. It is a pure-play software firm in the world, focused on developing, selling and supporting software. The company focuses on offering an invariably high level of consumer satisfaction through extraordinary product implementation. 

 

Recent developments at MCRO

On 2nd September 2019, Micro Focus International announced the selection of Executive Chairman, Kevin Loosemore to the De La Rue Plc’s board as non-executive director and chairman elect effective from September 2nd, 2019.

MCRO- Dividend

An interim dividend per share of 58.33 cents was declared recently by the group. Shareholders will be paid the dividend on 30th September 2019. The ex-dividend date is today i.e. 05th September 2019.

MCRO-Financial Highlights for H1 Financial Year 2019 ($, million)

For the first half of the financial year 2019, the revenue (continuing operations) declined by 5.3 per cent on a CER (constant exchange rate) to $1,657.1 million as against $1,749.6 million in H1 FY2018. The operating profit (reported) of the company surged by 2.5% to $32.6 million during the period, and EBITDA (adjusted) at CER stood at $662.3 million. The company reported underlying CCR (cash conversion ratio) of 115.1 per cent and FCF (free cash flow) of $429.9 million, while underlying net debt was $3,807.5 million in H1 FY2019 with net debt to underlying EBITDA multiple of 2.7 times.

MCRO-Share price performance

On 5th September 2019, Micro Focus International Plc shares were trading at GBX 1,073.60 at the time of writing before the market close (at 9:32 AM GMT). Stock’s 52 weeks High and Low are GBX 2,174.50/GBX 1,026.60.

The investors have been consistently benefitted from the dividends payed by the company. According to last seven years data, the highest dividend yield stood at 7.14 per cent in FY12 and the lowest dividend yield was recorded at 1.72 per cent in FY13.

Facebook Comments