Make your money go further for just 25p per day

PREMIUM

PayPoint faces change, but we remain fans

04/06/2020 · PayPoint (PAY) 

Coronavirus Dividends UK

Income Boosters Investors Champion logo

Payment processing company PayPoint is a member of our Income Boosters portfolio. This business has a UK network of 26,800 retailers, which use its terminals for payment processing and a range of other services.


PayPoint's (LON: PAY) latest results cover the period to 31 March and confirm that the business traded well last year. Revenue rose by 0.8% to £213.3m, while pre-tax profit was 3.8% higher, at £56.8m. Shareholders will receive a final dividend of 15.6p per share, down from 23.6p for the same period last year.

Recently-confirmed CEO Nick Wiles is sensibly adopting a dividend cover policy of 1.2x-1.5x earnings. Taking the mid-point of this range suggests to…

Continue reading our content…

Gain access to all our excellent content for just £90 per year, that’s just 25p per day for financial freedom.
  • Unlimited access to our market-beating portfolios
  • In-depth coverage of many of the world’s great companies
  • Unique insights from our top research team
Register FREE for access to limited content.
  • Company and markets insights
  • Sponsored content
  • Podcasts

Previous article Next article

DON'T MISS OUT!

Get top investment ideas to help safeguard and grow your wealth.

Invaluable insight from the exciting world of smaller companies.

REGISTER FREE

DON'T MISS OUT ON OUR PREMIUM CONTENT

Become a champion investor for just £90 a year. Benefit from our high performing portfolios:

START FREE TRIAL

More on PayPoint

Income Boosters: 2 new dividend shares for 2023

30/01/2023 · Portfolio

We're adding two new stocks to our high yield portfolio and ditching two disappointing performers.


Income Boosters update

28/11/2022 · Portfolio

The companies in our high-yield Income Boosters portfolio continue to make progress in difficult conditions, with several…


More Portfolio

Knocking the lights out | China slowdown | Tech beats

Sign-up to our free email updates

SIGN UP