Ibstock Dividends - IBST

Ibstock Dividends - IBST

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Stock Name Stock Symbol Market Stock Type
Ibstock Plc IBST London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.50 0.28% 181.30 11:19:00
Open Price Low Price High Price Close Price Previous Close
180.50 180.50 182.40 180.80
more quote information »
Industry Sector
CONSTRUCTION & MATERIALS

Ibstock IBST Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
09/03/2022FinalGBX531/12/202031/12/202118/04/202219/04/202213/05/20227.5
04/08/2021InterimGBX2.530/12/202030/06/202112/08/202113/08/202117/09/20210
31/07/2019SpecialGBX501/07/201931/12/201915/08/201916/08/201920/09/20193.2
31/07/2019InterimGBX3.230/12/201830/06/201915/08/201916/08/201920/09/20190
05/03/2019FinalGBX6.531/12/201731/12/201809/05/201910/05/201907/06/20199.5
09/08/2018SpecialGBX6.530/12/201730/06/201816/08/201817/08/201821/09/20180
09/08/2018InterimGBX330/12/201730/06/201816/08/201817/08/201821/09/20180
06/03/2018FinalGBX6.531/12/201631/12/201710/05/201811/05/201808/06/20189.1
10/08/2017InterimGBX2.630/12/201630/06/201717/08/201718/08/201722/09/20170
07/03/2017FinalGBX5.331/12/201531/12/201611/05/201712/05/201709/06/20177.7
05/08/2016InterimGBX2.430/12/201530/06/201618/08/201619/08/201623/09/20160
10/03/2016FinalGBX4.431/12/201431/12/201505/05/201606/05/201603/06/20164.4

Top Dividend Posts

DateSubject
22/4/2022
07:21
tole: https://www.thetimes.co.uk/article/challenges-rain-down-on-big-miners-tzxd9jm9cIbstockWhen this column looked at Ibstock last August, inflation was a tiny cloud on the horizon, energy was plentiful, post-pandemic supply bottlenecks had hardly begun and Ukraine a far-off land familiar mainly to trekkers.For Britain's biggest brickmaker, the news since then could not have been much worse. The shares have fallen from 223p to as low as 167p. After rising following the publication of 2021's results on March 9, the price wilted again before a bullish statement yesterday, with the sweetener of a £30 million buyback, generated a 14½p, 8.8 per cent, rise to 181p.Joe Hudson, Ibstock's chief executive, told yesterday's annual meeting that the company had "made a strong start to 2022 . . . Mindful of the broader macroeconomic uncertainties, we expect to deliver performance for the full year modestly ahead of our previous expectations."SIGN UP FOR OUR ...Weekly newsletterNews, inspiration and advice for business leaders from British entrepreneursthetimes.co.uk/newslettersEnergy is a big factor in making bricks, so Ibstock has bought forward at fixed prices 75 per cent of what it will need for this year's second half and more than 30 per cent of the likely 2023 requirement.It has done well out of surprisingly strong demand for new houses and stands to benefit from the removal of unsafe cladding from blocks of flats. Ibstock Futures has bought glass-reinforced concrete panel technology, particularly suited to recladding. Its repairs, maintenance and improvement business has been generally strong.Last year, it said it would do better than forecasts of £93 million for adjusted earnings before tax, interest and other costs. The actual number was £103 million, encouraging for Hudson's numbers for 2022. Ibstock looks capable of earnings per share this year of 15p or more, which would mean a price-earnings ratio of below 12. It may want to hold on to cash in light of uncertainty, but even an unchanged 7.5p dividend would leave a useful 4.25 per cent yield.ADVICE BuyWHY Well placed to overcome multiple headwinds
13/4/2022
08:48
scruff1: Looks like the divi is not attractive to many.
09/3/2022
10:18
gswredland: Good looking results. Dividend up and very confident. Back in this morning
08/3/2022
15:58
edmundshaw: How high and how soon are the factors. It does depend on your timescale. Give it 2-3 years and the new production will show through and be paid for. Meantime the price is low and the perfectly adequate dividend should be safe. The housing shortage is not going away, and unless Ibstock management fail to keep up with the very limited competition (unlikely) or invests in new materials that don't function properly or are unpopular (small risks I think), this investment will do for me. I also hold the main competitor Forterra; hopefully they can't both make a pig's ear of the opportunities in front of them!!
17/2/2022
18:38
tole: https://www.fool.co.uk/2022/02/17/9-5-dividend-yields-2-uk-shares-id-buy-right-now/A business with a solid dividend future?In a pre-pandemic world, Ibstock (LSE:IBST) offered a pretty hefty dividend yield. However, with construction projects having ground to a halt in 2020, it's not surprising the brickmaker had to temporarily cancel its dividends. Consequently, shares of this UK business crashed by 50% in March 2020 and still hasn't fully recovered.But despite it currently trading below 2021 levels, the business seems to be in a far stronger position. Looking at the latest trading update, revenue for 2021 is expected to have made a full recovery to £409m – the same as in 2019. And according to management, EBITDA is also anticipated to be ahead of expectations.Dividends have since been reinstated, albeit at a reduced yield of 2%. However, with manufacturing capacity set to expand later this year, revenues, profits and, in turn, dividends could be on the verge of hitting new highs. That, to me, sounds like a buying opportunity.There are obviously risks to consider. Being a purveyor of construction materials, demand for its products are ultimately tied with the demand for new homes. If housing affordability were to suffer, the number of newbuilds could drop, undercutting future dividend income.Yet, despite this risk, I believe this stock could be set to make an impressive comeback. That's why I'm considering it for my portfolio.
22/1/2022
14:13
edmundshaw: Adjusted EPS in 2019 was 18.3p and the dividend 9.7p. I expect that kind of result going forward to be a base from which earnings will grow for all the obvious reasons (solid management, barriers to entry & tight supplier base (imports are expensive due to product weight), new production coming on stream, ongoing long term housing demand). Ibstock was over £3 before COVID, and unlike some other businesses has not recovered its share price. This to me looks anomalous given their sound market position both now and in the foreseeable future..
05/11/2021
07:32
tole: Ibstock looking to a green future, says HargreavesBrick manufacturer Ibstock (IBST) continued to benefit from strong demand in the latest quarter but supply chain problems are beginning to bite. Hargreaves Lansdown, on the other hand, is looking at the benefits of its long-term strategy.Ibstock said performance in the third quarter was held back by supply chain disruption but not enough to derail guidance of full year underlying cash profits coming in above £93m. It also announced plans for Ibstock Futures, a new division that will focus on growth initiatives, including a £50m new factory to manufacturer brick slips, a special tile with the appearance and texture of real clay brick.Analyst Laura Hoy said management had successfully navigated a 'challenging' few months, passing inflation costs on to customers through price rises that have 'left the group in a position to focus on growth with a new segment dubbed Ibstock Futures'.'If Ibstock can execute successfully, it would put the group in a strong position to capitalise on a shift towards more sustainable building materials,' she said.'While brick homes have appeal in the UK market, these thinner, lighter, lookalikes come with a lower carbon footprint.'The shares closed flat on Thursday at just over 206p.
03/11/2021
17:01
km18: Ibstock plc issued a Q3 trading update this morning. The company enjoyed strong Q3 performance supported by continued robust demand in core markets. Supply chain issues are being managed, expectations for adjusted EBITDA for FY21 remain unchanged, a little ahead of previous expectations of £93m. A new business unit, Ibstock Futures, has been established to capture growth opportunities in new, fast growth sectors of the UK construction market. Valuation is reasonable, forward PE ratio around 12, and the company is reasonably high quality, net debt of £81m. Business is not yet fully back to pre-Covid levels, but it has recovered more than the share price which is roughly flat through 2021 so far. Not a bad recovery story to monitor, but no share price momentum and so no compelling reason to buy at present. But not a bad company to monitor for now...more from WealthOracleAM https://wealthoracle.co.uk/detailed-result-full/IBST/230
30/10/2021
21:27
tole: On the lookout for dirt-cheap UK shares? Here are two I'd buy for next month and aim to hold for years to come.Forecast-beaterI think Ibstock (LSE: IBST) could be a great UK share to buy right now. In fact, I own shares in the brickmaker and believe the next trading statement on 3 November could be another barnstormer.Ibstock said in August's most recent update that it expected full-year EBIDTA to be "modestly" above expectations after announcing a 54% rise in revenues between January and June. Sales have been fast approaching pre-pandemic levels of late, it said, thanks to the strength of the UK's housebuilding sector and robust spending on home improvements.I'm convinced demand for Ibstock's bricks will remain robust too. The colossal level of savings accrued during Covid-19 lockdowns means that DIY-related expenditure should remain favourable. And a mix of historically-low interest rates, an ultra-competitive mortgage market, and ongoing government support for first-time buyers should provide plenty of incentive for the housebuilders to keep building too.Ibstock could experience a sales dip if broader economic conditions continue to worsen. This could deal a blow to housebuyer confidence and prompt consumers to tighten their purse strings. But to my mind these problems are more than reflected in the brick manufacturer's ultra-low share price.City analysts think the company's earnings will soar 25% in 2022, leaving it trading on a price-to-earnings growth (PEG) ratio of 0.5 for next year.A reminder that a reading below 1 suggests a UK share could be undervalued. Another forecast-beating update then could well help Ibstock's share price rise sharply again in November following recent weakness.
11/10/2021
20:17
tole: https://www.fool.co.uk/investing/2021/10/11/500-to-invest-2-dirt-cheap-uk-shares-id-buy-right-now/£500 to invest? 2 dirt-cheap UK shares I'd buy right nowRoyston Wild | Monday, 11th October, 2021 | More on: BWY IBSTImage of person checking their shares portfolio on mobile phone and computer Image source: Getty Images.The Ibstock (LSE: IBST) share price has fallen off a cliff. Down 22% since the beginning of September, investors have trembled over the potential impact of soaring inflation on Bank of England policy and fretted how this could damage demand for the brickmaker's products.Naturally, rising interest rates would make it more challenging for potential homebuyers to afford to buy. Comments coming from key Bank of England personnel seems to suggest that rate hikes could be coming very soon.Michael Saunders, a member of the rate-setting Monetary Policy Committee, said over the weekend that "markets have priced in over the last few months an earlier rise in Bank rate than previously and I think that's appropriate."Market-beating valueIbstock's recent fall means it continues to trade on a forward price-to-earnings growth (PEG) ratio of 0.1. A reminder that any reading below 1 suggests a stock is undervalued by the market. The firm doesn't just look like a dirt-cheap UK share from an earnings point of view either.For 2021 and 2022, the FTSE 250 share carries dividend yields of 3.3% and 4.4% respectively. This beats the broader FTSE 250 forward average of 1.9% by a decent margin.Another cheap UK share on my radarWorries over possible Bank of England rate hikes (along with fears over rising building material costs) have also shaken the share prices of many housebuilders.FTSE 250-quoted Bellway (LSE: BWY) is one of these recent casualties, down 13% since the beginning of September. But at current prices I think this is another UK share that offers brilliant all-round value. As well as also trading on a PEG ratio of 0.1 for 2021, Bellway's dividend yields clock in at 3.5% for this year and 4% for 2021.I thought both Bellway and Ibstock offered excellent value before the September and October sell-offs. And following those, falls I believe these dirt-cheap UK shares could now be considered too cheap for me to miss. I certainly think their recent share price drops more than reflect the threat of sooner-than-expected interest rate rises.Still looking goodFrom a long-term perspective both these companies still have terrific profits potential. Sure, Bank of England rates may rise from their record lows of 0.1% very soon. But I still expect them to remain well below their historic lows. Otherwise it could strangle the economic recovery as Britain copes with the twin problems of Covid-19 and Brexit.On top of this, homebuyer affordability should remain well supported by the intensifying mortgage product war. Lenders are bending over backwards with low rates, cashback and other perks to win business in an ever-more-crowded market.There simply aren't enough homes to go around in Britain. Therefore government will have no choice but to continue building to solve the crisis (the housing ministry has its sights set on 300,000 new homes a year in the next few years). All things considered, I think the future still looks bright for cheap UK shares Ibstock and Bellway. And I think they're great value buys for me following those recent share price falls.
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