Searching for yield in the stock market sell-off; 5%+ on offer from these two stalwarts
The recent sell-off in equities has pushed up the dividend yield for some proven performers. The cash generative attributes and high dividends paid out by these two could start to encourage buyers…
The share price of ITV (ITV), the integrated producer broadcaster, has languished for several years. However, with the business now in the capable hands of CEO Carolyn McCall, who previously had great success at EasyJet, we have high hopes things are set to improve for the £6bn FTSE100 business. Interim results from ITV for the 6 months ending 30 June 2018 saw revenue rise 8.4% to £1.59bn and pre-tax profit marginally higher at £265m. The results were boosted by an excellent performance from the ITV Studios business where revenue rose 16% to £803m, despite an unfavourable currency impact. Total non-advertising…