Growth and income, the perfect mix!
A small cap covered here has just delivered outstanding results following an exceptional period of trading. With market conditions still highly supportive, the good times could continue for a while longer, with shareholders also benefiting from a near 5% dividend yield. Read on here for more on this and other AIM high flyers.
Jarvis Securities: fantastic results and near 5% yield on offerJarvis Securities (LON:JIM), the AIM quoted provider of low cost stockbroking and outsourced administration services, has benefited handsomely from heightened stock market volatility, reporting an excellent (if brief) set of results for the year ending 31 December. While revenue rose 26.7% to £13.34m, pre-tax profits were 43% higher at £6.87m and earnings per share up 42% to 12.71p. Jarvis provides an efficient and cost-effective trading product together with an outsourced settlements and administration operation for small wealth managers, including providers of AIM IHT portfolio services (our associates Fundamental Asset Management are clients), pension…