PREMIUM
Micro Focus: Turnaround perks for dividend investors
This FTSE 100 software specialist boasts a track record of high margins and strong cash generation. We believe these attractions will endure despite recent difficulties.
Investors looking for a reliable income should generally be wary of turnaround situations which often take longer to resolve than originally expected. But as with all rules there are exceptions. We think that FTSE 100 software group Micro Focus International (MCRO) falls into this category.
This £6bn IT group specialises in helping companies "maximise existing software investments and embrace innovation in a world of hybrid IT". What this means is that Micro Focus provides all the…
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