The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares



Results

Search articles by EPIC code
NEWSFLOW ARTICLE

BREAKING: Neil Woodford – whilst buying dividend slashing dog Kier (while everyone else sells), he’s been selling high (but safe) yield Paypoint

2019-03-26 09:29:48

This morning Nigel noted that Neil Woodford had been buying Kier – around 1.2% of it in the wake  of last week’s awful results and a 79% pruning of the dividend. It is not exactly the sort of performance for an equity income fund, I would have thought! But It turns out that Neil has also been selling Paypoint (PAY) – which trades on an underlying yield of c 5.5% (but 9.9% if you include bonus payments) and where the payout is safe as houses. That sounds perfect for an equity income fund! I must be stupid…..

NEWSFLOW

Search ShareProphets |

Recent Comments |




About ShareProphets

Contact Us

Advertise With Us

Send Us A Tip

Donate


Terms of Service

Privacy Policy

Cookie Policy


Forgot My Password

Forgot My Username

Resend Account Validation Token

Site by Everywhen