LONDON, April 15 (Reuters) - The following FTSE 100 companies willgo ex-dividend on Wednesday, after which investors will no longer qualify forthe latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by market-makers would take 5.48 points off the index. COMPANY (RIC) DIVIDEND INDEX IMPACT (pence) (points) ARM Holdings 2.83 0.15 BAE Systems 11.70 1.49 BG Group 9.03 1.20 Capita 15.60 0.40 Fresnillo 42.40 (cents) 0.18 Melrose 5.00 0.25 Petrofac 43.00 (cents) 0.29 Resolution 14.09 0.76 Smith & Newphew 16.20 (cents) 0.37 Tullow Oil 8.00 0.28 Wood Group (John) 11.30 (cents) 0.11 Total 5.48 Among FTSE 250 companies going ex-dividend are: COMPANY (RIC) DIVIDEND Chemring Group 4.20 Hikma 10.00 (cents) Morgan Advanced 6.40 Mondi 19.10 (euros) NB Global Floating 1.22 Rate Income Fund Rentokil Initial 1.43 Spirax-Sarco 37.00 Taylor Wimpey 0.43 Unite Group 3.00
Barclays downgrades Hikma to 'equalweight' on Generics concerns
(Sharecast News) - Barclays downgraded Hikma Pharmaceuticals on Friday to 'equalweight' from 'overweight' and cut the price target to 1,750p from 2,250p as it said a lack of visibility in the generics division was a real concern.
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