Dividend Champions to Keep a Tab on Even in the Time of Crisis

The current stock market environment is extremely grim, as not only the country but the whole world is battling out the Covid-19 Pandemic. It appears that for the foreseeable future, growth-seeking investors would have to go through a lot of trouble finding stocks that can provide good growth. In this present scenario, quality stock identification could be zeroed in to two major parameters – Economic Moat and Dividends. As all economic activity in the country has come to a standstill, economic moat advantage has also become limited, which leaves the investors to search for stable companies that will pay out maximum dividends in the periods to come, which can help support investors to earn an additional income during this tough period.

The following are the brief highlights of companies that have done well in the past* in terms of dividend performance and should be looked out for:

(*Note – Dividend Yields keeps on changing and are volatile due to the change in the share price. The current market scenario is being driven by the dwindling investor’s confidence in relation to the coronavirus crisis; hence this is just an overview of the past performance of these companies and not recommendations)

Imperial Brands Plc

Imperial Brands Plc (LON: IMB) is a Consumer goods company based out of Bristol that engages in the manufacturing and selling of tobacco based products.

IMB Dividend Highlights

The company had announced an Annual Dividend of GBX 206.57. The dividend yield in reference to the current share price stands at 13.21 per cent. The company’s ex-dividend date was February 20, 2020, while the payment of the dividend was made on March 31, 2020.

IMB Stock Price Highlights

As on 7th April 2020, at 09:15 A.M Greenwich Mean Time, at the time of writing this report, the Imperial Brands Plc share was hovering at a price of GBX 1569.00 on the London Stock Exchange market, stronger by approximately 1.09 per cent or GBX 17.00, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 1552.00. As of the reporting date, Imperial Brands Plc's market capitalisation has been recorded of GBP 14.688 billion, in reference to the company’s current stock price.

Severn Trent Plc

Severn Trent Plc (LON: SVT) is a Coventry, United Kingdom based utility services providing company that primarily engages in the provision of water as well as wastewater management services in the country.

SVT Dividend Highlights

The company had announced an Annual Dividend of GBX 96.05. The dividend yield in reference to the current share price stands at 4.47 per cent. The company’s ex-dividend date was November 28, 2019, while the payment of the dividend was made on January 03, 2020.

SVT Stock Price Highlights

As on 7th April 2020, at 09:20 A.M Greenwich Mean Time, at the time of writing this report, the Severn Trent Plc share was hovering at a price of GBX 2183.00 on the London Stock Exchange market, weaker by approximately 1.09 per cent or GBX 24.00, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 2207.00. As of the reporting date, Severn Trent Plc's market capitalisation has been recorded of GBP 5.251 billion, in reference to the company’s current stock price.

Legal & General Group Plc

Legal & General Group Plc (LON: LGEN) is a business service provider based in London that engages in the provision of legal services as well as investment management for other businesses and companies in the UK.

LGEN Dividend Highlights

The company had announced an Annual Dividend of GBX 17.57. The dividend yield in reference to the current share price stands at 11.00 per cent. The company’s ex-dividend date is April 23, 2020, while the payment of the dividend would be made on June 04, 2020.

LGEN Stock Price Highlights

As on 7th April 2020, at 09:25 A.M Greenwich Mean Time, at the time of writing this report, the Legal & General Group Plc share was hovering at a price of GBX 210.30 on the London Stock Exchange market, stronger by approximately 12.88 per cent or GBX 24.00, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 186.30. As of the reporting date, Legal & General Group Plc's market capitalisation has been recorded of GBP 11.113 billion, in reference to the company’s current stock price.

British American Tobacco Plc

British American Tobacco Plc (LON: BATS) is a London based consumer goods company that primarily engages in the management of various tobacco brands.

BATS Dividend Highlights

The company had announced an Annual Dividend of GBX 204.85. The dividend yield in reference to the current share price stands at 6.97 per cent. The company’s ex-dividend date was March 26, 2020, while the payment of the dividend was scheduled for May 13, 2020.

BATS Stock Price Highlights

As on 7th April 2020, at 09:30 A.M Greenwich Mean Time, at the time of writing this report, the British American Tobacco Plc share was hovering at a price of GBX 2961.00 on the London Stock Exchange market, weaker by approximately 0.03 per cent or GBX 1.00, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 2962.00. As of the reporting date, British American Tobacco Plc's market capitalisation has been recorded of GBP 67.954 billion, in reference to the company’s current stock price.

Comparative Share price chart of IMB, SVT, LGEN and BATS

Source: Thomson Reuters, on 07-04-2020 before the closing of the London Stock Exchange Market

Aviva Plc

Aviva Plc (LON: AV.) is a provider of multiple insurance products such as general and life insurance it also engages in providing Asset Management services.

Dividend Highlights

The company had announced an Annual Dividend of GBX 30.90. The dividend yield in reference to the current share price stood at 13.23 per cent. The company’s next ex-dividend date is April 23, 2020, while the payment of the dividend would be made on June 02, 2020.

Stock Price Highlights

As on 7th April 2020, at 09:35 A.M Greenwich Mean Time, at the time of writing this report, the Aviva Plc share was hovering at a price of GBX 271.40 on the London Stock Exchange market, stronger by approximately 10.32 per cent or GBX 25.40, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 246.00. As of the reporting date, Aviva Plc's market capitalisation has been recorded of GBP 9.892 billion, in reference to the company’s current stock price.

Pennon Group Plc

Pennon Group Plc (LON: PNN) is a company based out of Exeter, United Kingdom, that operates through its subsidiaries as an environmental infrastructure company.

PNN Dividend Highlights

The company had announced an Annual Dividend of GBX 41.88. The dividend yield in reference to the current share price stands at 4.01 per cent. The company’s ex-dividend date was January 23, 2020, while the payment of the dividend was made on April 03, 2020.

PNN Stock Price Highlights

As on 7th April 2020, at 09:40 A.M Greenwich Mean Time, at the time of writing this report, the Pennon Group Plc share was hovering at a price of GBX 1026.00 on the London Stock Exchange market, stronger by approximately 0.05 per cent or GBX 0.50, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 1025.50. As of the reporting date, Pennon Group Plc's market capitalisation has been recorded of GBP 4.317 billion, in reference to the company’s current stock price.

Phoenix Group Holdings

Phoenix group Holdings Plc (LON: PHNX) is a Life Insurance company based out of Birmingham, United Kingdom that is primarily engaged in the acquisition of closed life insurance schemes as well as Pension funds.

PHNX Dividend Highlights

The company had announced an Annual Dividend of GBX 46.80. The dividend yield in reference to the current share price stands at 8.82 per cent. The company’s ex-dividend date was April 02, 2020, while the payment of the dividend was scheduled for May 19, 2020.

PHNX Stock Price Highlights

As on 7th April 2020, at 09:45 A.M Greenwich Mean Time, at the time of writing this report, the Phoenix Group Holdings Plc share was hovering at a price of GBX 579.00 on the London Stock Exchange market, stronger by approximately 6.47 per cent or GBX 35.20, in comparison with the last price of the share on the previous trading day, which had been reported to be at GBX 543.80. As of the reporting date, Phoenix Group Holdings Plc's market capitalisation has been recorded of GBP 3.923 billion, in reference to the company’s current stock price.

Comparative Share price chart of AV., PNN and PHNX

Source: Thomson Reuters, on 07-04-2020 before the closing of the London Stock Exchange Market


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The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. Kalkine does not in any way endorse or recommend individuals, products or services that may be discussed on this site.

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