Barclays (BARC) & ITV: 2 blue-chip shares you can hold for long term

3 min read | September 16, 2021 12:46 PM BST | By Nidhi Gupta

Highlights 

  • Barclays declared a 16.4% return on tangible equity (RoTE) and dividend payout of 2.0 pence per share for H1 2021.

  • ITV recorded a year-on-year increase in revenue by 27% to £1,548 million for H1 2021 ended 30 June 2021 compared to £1,218 million H2 2020.

Income investors having long-term investment horizons often resort to investing in stocks that offer consistent returns. FTSE 100 listed stocks serve as the perfect platform for investors desiring stable returns from their investments. These stocks are often deemed as a more stable investment option compared to mid-cap or smaller cap shares.

Image description: BARC & ITV: Dividend and one year return

(Data source: Company Release & EODHD/Others)

Here is a closer look at two FTSE 100 stocks that hold good prospects for long-term investors.

Barclays Plc (LON:BARC)

Barclays is a UK-based banking institution engaged in offering retail, corporate and investment banking, credit card, and wealth management services. In August 2021, Barclays inked an agreement with Synchrony Bank to take over $3.8 billion portfolio of credit card accounts issued in collaboration with Gap.  Post-acquisition, Barclays will issue co-branded and private label credit cards to Gap customers in the US starting Q2 2022.

Barclays shares are trading at GBX 182.22, up by 1.31% at 9:54 AM BST on 16 September 2021. The market cap of the company currently stands at £30,378.93 million. Over the last one year, the shares of Barclays gave a return of 77.55% to shareholders.



The Group’s pre-tax profit was £5.0 billion in H1 2021 compared to £1.3 billion in H1 2020.

Barclays declared a 16.4% return on tangible equity (RoTE) and a dividend payout of 2.0 pence per share for H1 2021.

ITV Plc (LON:ITV)

ITV is a free-to-air television network and integrated producer broadcaster. Recently, ITV and EE announced a new product placement partnership. It also inked a co-production deal with Tencent Video for the natural history series - A Year on Planet Earth. In August 2021, ITV invested in Feel Holdings Limited, a digital health and nutritional supplements startup. 

ITV’s shares are trading at GBX 111.00, up by 1.88% at 10:07 AM BST on 16 September 2021. The market cap of the company currently stands at £4,385.68 million. Over the last one year, the shares of ITV gave a return of 68.74% to shareholders.

ITV recorded a year-on-year increase in revenue by 27% to £1,548 million for H1 2021 ended 30 June 2021 compared to £1,218 million in the same period in 2020. Its adjusted group EBITA grew by 98% to £327 million in H1 2021 compared to £165 million in H1 2020, driven by the recovery of the advertising market, resumption of production activities, etc.

ITV’s board plans to propose a final dividend of 3.3 pence per share for the full year 2021.

Bottom Line

These blue-chip stocks serve as an attractive choice for income investors, seeking reliable investment options on FTSE 100. However, an investor must verify and check all parameters, particularly the prevailing economic and industry conditions before investing.


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