Make your money go further for just 25p per day

PREMIUM

PayPoint’s high yield still looks safe to us

29/07/2020 · PayPal (PYPL) 

Dividends UK

Income Boosters Investor's Champion logo

The days when corner shops could be run with manual tills, a pricing gun and a paper ledger are long gone. Customers expect the range of electronic services made possible by PayPoint's terminals. That helps explain why the digital payments provider issued a positive outlook statement alongside its trading update which revealed the extent of the challenges retailers have faced during lockdown. 


Last week we considered potential winners and losers in the UK high street retail sector. While there are some stocks we'd be prepared to own, the outlook is mixed and uncertain at best. For investors seeking reliable dividend income and attractive yield, we think it makes sense to restrict retail exposure to those companies offering essential services.

Our Income Boosters portfolio contains two such stocks. One of these, payment services firm PayPoint (LON:PAY), has…

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

Have your say

Log in or register to view or add comments.

For access to the top news and insights from the investment world

REGISTER FREE

Fundamental Asset Management
Buy any of our portfolios with our associates.
 

FIND OUT MORE

More on PayPal

PayPoint’s high yield still looks safe to us

29/07/2020 · Portfolio

The days when corner shops could be run with manual tills, a pricing gun and a…


Ultimate Stocks: counting the cost of isolation

14/04/2020 · Portfolio

When officials in China put the city of Wuhan into lockdown in an attempt to curb…


More Portfolio

Income Boosters: Does our dividend portfolio need a housebuilder?

Games Workshop leads our Ultimate Stocks in difficult times

Income Boosters: COVID costs hit Morrison’s profits

11/09/2020 · WM Morrison