Three Income Boosters: Dividend payouts suggest confident outlook
Last week was a busy one for results from the companies in our high yield Income Boosters portfolio. In this second part of a two-part update, we've got reassuring news from three well-known names that have performed well during the pandemic.
WPP: So far, so good
FTSE 100 advertising group WPP (LON:WPP) had a fairly solid 2020, given the slump in ad spending triggered by the pandemic. Revenue performance improved sequentially from the second quarter onwards. Sales during the fourth quarter ahead of expectations and only 6.5% below the same period in 2019.
Revenue from continuing operations fell by 9.3% to £12,003m for the full year, while headline pre-tax profit fell 24% to £1,041m. Free cash…
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