ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

KGF Kingfisher Plc

247.00
-0.10 (-0.04%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Kingfisher Plc KGF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.10 -0.04% 247.00 16:29:55
Open Price Low Price High Price Close Price Previous Close
248.50 245.80 249.80 247.00 247.10
more quote information »
Industry Sector
GENERAL RETAILERS

Kingfisher KGF Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
19/09/2023InterimGBP0.03812/10/202313/10/202317/11/2023
21/03/2023FinalGBP0.08625/05/202326/05/202303/07/2023
20/09/2022InterimGBP0.03806/10/202207/10/202211/11/2022
22/03/2022FinalGBP0.08619/05/202220/05/202227/06/2022
21/09/2021InterimGBP0.03807/10/202108/10/202112/11/2021
22/03/2021FinalGBP0.082503/06/202104/06/202105/07/2021
02/07/2019InterimGBP0.033303/10/201904/10/201908/11/2019
20/03/2019FinalGBP0.074906/06/201907/06/201915/07/2019

Top Dividend Posts

Top Posts
Posted at 25/3/2024 08:00 by rb1206
KGF, with 3rd profit warning...I would expect to retest 200p minimum for now.
Posted at 23/11/2023 11:56 by waldron
One must remember that KGF has BRICO DEPOT in France
Posted at 24/10/2023 09:15 by m w
Why would you buy for a dividend of 5.7% when you can get 6% in a savings account with nearly no risk
Posted at 13/10/2023 17:08 by value hound
I bought back in here today at 206p - having last 'visited' during the maximum fear of March 2020 (but then sold too early!).

Anyway, I think KGF is fairly defensive and on a very undemanding rating and good yield etc., now, so was interested to read this today from Money Week fwiw:

--

Kingfisher (LSE: KGF) is an international home improvement company with about 1,980 stores, nearly 1,200 of which are in the UK and Ireland. It operates in eight countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, and Screwfix. Lockdowns hit the firm’s profits, while the stock price was also affected by a derating (a lower value placed on its earnings by the market).

And the pain hasn’t ended yet. In the six months to 31 July, like-for-like sales fell by 2.2%. Profit dropped 23% to £433m, reflecting higher operating costs in the UK, Ireland and Poland caused mainly by increased pay rates and energy costs. As a result, Kingfisher is cutting its 2023-2024 full-year adjusted pre-tax profit guidance to £590m (the previous guidance was for £634m).

However, “trading in the UK & Ireland continues to have positive momentum”, says the firm. “We remain very positive on the medium-to-long-term outlook for home improvement.” Many new homes will be needed in future. Kingfisher is “confidentR21; in its scope for growing market share. A new £300m share buyback programme reflects its bullishness.

Earnings estimates put the stock on a p/e of 9.4 for next year, dropping to 8.3 for the following 12 months. Though the price may drop further, that is a distinctly cheap valuation. Future profit growth would make the stock even better value. Meanwhile, the yield is 5.7%, with the dividend almost twice covered by prospective earnings. Buy.
Posted at 19/9/2023 19:05 by essentialinvestor
Hi Dean, tbf I don't have enough knowledge on the French DIY market to comment; what I can say is if you go back about 8-9 years, France was their most profitable country by some margin (on a pre tax profit basis).

The CEO talks a good talk, but that reduction in guidance, taking pre tax to below £600 million is pretty poor. KGF made more on pre tax in FY 2010 and that's without allowing for any inflation since.
Posted at 25/5/2023 16:46 by scooo
gswredland

Yes, ex-dividend today 25th May 2023.

Final dividend of 8.6p to be paid on 3rd July 2023.
Posted at 25/5/2023 16:23 by scooo
KGF were caught sleeping by the advance of Amazon and other online competition some years back, and suffered badly for it. They now promote their own e-commerce proposition and of course have an extensive store network to give comprehensive appeal.

Amazon et al will achieve a significant & permanent presence in the market place but will level off at some point, which may not be too far off.

The direct in-store proposition has its advantages for DIY in terms of immediacy, inspection, advice and return convenience. I think the current share price undervalues KGF combined online & instore strengths, and overestimates the further potential of pure online players to take market share.

The disappointing historic share performance has reflected the earlier online attrition but the future outlook may be somewhat more robust.
Posted at 25/5/2023 16:23 by gswredland
Am I correct in thinking this goes ex divi today please?
Posted at 10/5/2023 10:35 by systemsthinker
I can't understand why KGF isn't more popular, at least as a long term investment:

P/B: 0.74
P/E: 10%
Yield: 4.75% and well covered.
Debt/Gearing: Just about right (around 35%)
Good profits, set to grow steadily.
Operating in 8 countries so some protection from Brexit etc
A good, but not radical, strategy to improve and accelerate their digital/data/ecommerce operations and roll out compact stores.
They seem to have a strong management team and motivated staff
There is a need for their services whether the economy worsens OR improves (within reason!)

Is it just that KGF is just not very glamorous??? Is it that it's not a '10 bagger' and unlikely to make an investor rich overnight? What am I missing?!?
Posted at 07/12/2022 17:40 by darrin1471
B&Q is set to roll out more B&Q Local convenience stores as it expands its presence on the UK high street.

hxxps://www.retailgazette.co.uk/blog/2022/12/bq-convenience/

I would of thought some of Wilko's estate would of been ideal to expand B&Q Local

Not holding KGF as I believe higher mortgage rates will hit housing market, tradesmen and DIY market for several years.

Your Recent History

Delayed Upgrade Clock