Member Info for Longshot88

Looking at tax treaties with jersey and Ireland I believe that there won't be any withholding tax on payment of dividends to UK residents. Currently 15% is deducted. A move could increase dividend payments based on individuals domicile.

DYOR and all that.

DCG export very little (2% of turnover in last accounts). Milk is supplied from UK farmers and the finished products sold in the UK. The main risk is the volatility in milk prices, which will be affected mainly by feed costs. These could be impacted by Brexit greatly, but if we did have a hard Brexit we could negotiate better trade deals with other non-EU countries.
Another point to consider is that a lot of cheddar in the UK is imported from Ireland. If we had a hard brexit there would be large tariffs on this cheese, pushing up prices for some competitors.
I think it looks like a decent company with a good dividend yield. Recent raise in capital is to expand the output, but the cheddar market is saturated and they will have to be extremely competitive to take more market share, which will hit the bottom line I'm sure.
As you may tell, I'm attracted to the company, but still doing my analysis. Undecided at present, but may make a small investment for the dividend, which i believe is safe.