Coronavirus impact: 3 April - news of a reliable 7% yield
Having recently experienced some challenging years, the increased stock market volatility of the past few weeks has been great news for derivative brokers. Boosted by plenty of trading from its clients, one broker covered here is able to commit to a big dividend payment and will continue to do well if markets remain volatile, as seems likely.
Anexo: business as usual and cash collection continues to improveSpecialist credit hire and legal services provider Anexo Group (LON: ANX) confirmed that results for the year ending 31 Dec 2019 would be in line with previous guidance. Anexo’s businesses supply and service a broad range of customers who are involved in a non-fault accident and who would otherwise be unable to access the mobility they need. Among these, the group provides replacement vehicles to many key workers, including couriers (who are increasingly active during the current circumstances) and other customers such as doctors, nurses, schoolteachers, nursery staff, emergency workers and…