2 Mid-caps on the Rise – MTS and DMP

2 mid cap - Kalkine Media

Below are 2 mid-cap stocks that are ending the week with a rise post a subdued performance in latest time. Challenges in retail environment and franchisee business, as appropriate, have been hovering over the two stocks.

Metcash Limited (ASX: MTS) is into wholesale marketing and distribution and its annual dividend yield is of 4.94%, fully franked. The group declared a final dividend of 7.0 cents per share franked at 30%. The ex–dividend date was July 10, 2018 and the record date was July 11, 2018, while the payable date for the same has been August 08, 2018. With sales of over $14 billion in FY18, the company looked sustainable. Locking in a deal to develop a $50 million facility for Metcash’s hardware business at Berrinba, south of Brisbane, Charter Hall is stepping up its industrial property pipeline. Between the $3 billion wholesale Charter Hall Prime Industrial Fund and Metcash’s Independent Hardware Group, the transaction for a 10-year lease has been struck. Hardings Hardware, Mitre 10, Thrifty-Link Hardware, Home Timber & Hardware, and True Value Hardware are included in the Metcash’s hardware arm. The company stock is trading at a current market price of $2.72 and has seen a daily price change of $0.09 percentage change of 3.42%, before market close. The stock has seen a performance change of -1.50% over the past 12 months.

[optin-monster-shortcode id=”wxhmli4jjedneglg1trq”]

Domino’s Pizza Enterprises Limited (ASX: DMP) is under the consumer discretionary sector; and the company is engaged in the operation of franchise services and retail food outlets with master franchise rights and network spread across Australia. The company’s incorporation year was 1983 and is based in Kingsford Smith Drive, Hamilton, Australia. The menu consists of Domino’s Pizzas, Sides, Drinks, and Desserts. Domino’s chief, Don Meij drew people’s attention via a video and announced that the company will make somewhat between $260 – $270 million of EBITDA. It has been predicted that the ASX listed has been hit with bad news as the stock went into reverse due to the weaker than anticipated international sales. The Domino’s stock is trading at a current market price of $51.470 with a daily price change of 1.470 points or 2.94% and has seen a performance change of -4.76% over the past 12 months. The annual dividend yield for the company is 2.06% which is 40% franked, and the most recent dividend paid was 58.100 cents with dividend ex-date as February 20, 2018 and dividend pay date as March 08, 2018. The company’s market capitalization currently stands at $4.27 billion.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

Checkout our Free Dividend Stocks Report

Specially made for income-hungry investors, Invest in growing Franked Dividends an opportunity that should not be missed.


6 Cannabis Stocks under Investor’s Limelight…

Cannabis companies that sell both medicinal weed and recreational pot. Marijuana stocks to look at. Marijuana mergers and acquisitions. Dispensary data analytics. Upcoming marijuana IPO’s Those phrases have become increasingly common as marijuana legalization spreads.

Global spending on legal cannabis is expected to grow 230% to $32 billion in 2020 as compared to $9.5 in 2017, according to Arcview Market Research and BDS Analytics. As of June 29, 2018 the United States Marijuana Index, despite a lot of uncertainty around regulations, has over the past 1 year gained 71.49%, as compared to about 12% gain seen by the S&P 500.

Click here for your FREE Report