RE: Dividend over 10%27 Feb 2021 08:46
Nearly all these large cap income stocks being hit at the moment no matter what in this casino market not just tobacco, GSK couldn't be more ethical yet at multi year lows, hopefully these are great buying opportunities whilst this manipulation goes on, proved to be so with BP when beaten down week after week below Β£2 last autumn.
Some indicators to give us confidence imo. are recent large director buys of both tobacco co's and GSK. Also IMB is the third largest holding of Fidelity Special Values trust and BAT the largest holding of Henderson High Income trust with GSK third we are in good company.