BT is the world’s oldest communications company and one of the world’s leading communications services companies. It has an extensive global presence and serves customer needs in more than 170 countries. It has around 267,300 employees in the UK alone.
The share pays divi on 7/9/15. Soon after this date all reinvested dividends with help to push price up. So 2-3 weeks should see climb to ???? My hopes £4.50 levels. But time will tell gla Bl3
Morrisons has a fantastic dividend but it is expected to be drastically cut , like tesco etc. BT has a steadily increasing dividend and forecast to improve further . Unfortunately the dividends play a big part where the institutions are concerned. It is nice to have a really high yield and good growth prospects. BT iwill edge closer to both if the divi continues to increase by 10% as was forecast earlier this year. Ps sp. was £4.18 when licker posted yesterday, now £4.32.
Shares are valued at a dcf of future dividends to investors if you are not aware of that or don't think the divi matters then you should not invest in shares. So the BT shares price is exactly that. As for brokers they are generally bullish as they work for banks who want people to buy and sell! Please look there are brokers who expect a fall. BT have not managed growth yet and this is a broker concern. They can increase earnings by cost cutting but that has a limit. Several brokers think they overpaid for EE and the deal is by no means approved. 3.80 is more likely than 4.80 in my view especially now markets are very worried about the perilous stTe of emerging makers which will impact confidence and hit bt growth dreams. Let's see all opinions but I'm confident this will drop
i think the biggest divi in th FTSE is Morrisons at 7.52% but even that is eridicated by bt being up 11% more in the SP Plus (and its a big plus) where as these two examples are standing still or even loosing market BT has exiting growth opertunities in the very near future!
tbh i look on the divi as a bonus. its the huge raise in the SP that i am in for! Licker i think you should check your figures. for instance National grid may give a divi of over 5% but in t he last year alone BT is up more tha 18% MORE in SP that wipes out ANY divi!!
Licker. In defence of the dividend, unlike a lot of stocks atm , it has been steadily increasing over the last few years. Maybe it will catch up eventually on the better yielding stocks. You are kidding yourself if you think BT will be available at £3.80 again imo, unless as Beamer States the markets really do go into meltdown. ( then there would be better bargains around ). If I had the funds I would be buying now. Realistically the sp will more likely be at £4.80 in the near future not £3.80. All the brokers can't be wrong. Can they??
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.