can anybody explain18 Aug 2016 10:30
That was predictable, and the 4p drop is exactly what you would have received before the ex-divi date! The fundamentals are strong here, and investment in this share is very dividend-driven, so I would expect a month or two of consolidation and then a steady rise to annual dividend date next April. With around 10p divi due at that stage, a lot of value hawks will be piling into this.