Tesco Dividends - TSCO

Tesco Dividends - TSCO

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Tesco Plc TSCO London Ordinary Share GB0008847096 ORD 5P
  Price Change Price Change % Stock Price High Price Low Price Open Price Close Price Last Trade
  1.40 0.58% 244.00 247.50 241.50 243.00 242.60 16:35:23
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Industry Sector

Tesco TSCO Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

albert3591: No doubt Tesco will be jumping on the Sainsbury’s bandwagon and cutting their managerial staff.more for the share price no doubt.
pugugly: Olny red flag possible is that new man is from Walgreens Boots Alliance and their share price performance has been very soggy over the past year - https://markets.businessinsider.com/stocks/wba-stock
nathdani: I suppose when the share price rises you will be gone.
loganair: 1,000 more reasons why I’m avoiding the Tesco share price: I can understand why the Tesco share price is something plenty of share pickers want to get their teeth into. At current prices, Britain’s biggest supermarket retailer boasts a forward P/E ratio of 13.2 times, coming in below the FTSE 100 corresponding average of around 14.5 times. For a stock City brokers expect to grow earnings by double-digit percentages over the next couple of years at least, well, Tesco appears to be a bona-fide bargain right now. I’m not tempted to buy into the firm, however, low valuation or not. The grocer’s share price has fallen 11% from its 2019 highs struck around 250p in late April and, judging from recent newsflow, there’s plenty of reason to expect it to keep falling. Price hikes are coming: The sales renaissance which Tesco enjoyed up until fairly recently has well and truly run out of steam. Latest trading numbers showed sales growth more-or-less stagnate in the first fiscal quarter. That’s a reflection of expansion by its competitors and the mounting pressure on household budgets that’s exacerbating the rush to cheaper supermarkets such as Aldi and Lidl. I expect recent news of price hikes will go down like a cup of cold sick for the customers that are still sticking by Tesco too, and worsen the current exodus. In the face of rising costs, it’s been forced to raise prices on some 1,000 goods across the store in the past couple of weeks, according to data seen by the Press Association, with prices going up by an average of 11% on a broad range of items. The likes of Tesco find themselves in one of those dreaded Catch-22 situations: keep prices low and with them razor-thin margins; or increase them and lose even more loyal customers. The Footsie firm has opted for the latter, and it’s likely the price rises will keep coming given the probability that the pound will keep on sliding. So forget about those City predictions of handsome profit increases over the next couple of years, I say. It’s hard to see how Tesco will deliver on these estimates, and I expect them to be chopped back sooner rather than later and prompt a further slip in the share price.
ed 123: Yes, Capital Markets Day appears to be helping the share price today. Also, helping Sainsbury and Morrison's share prices! Must be a sector uplift. Not complaining though. Having read today's presentations, greatest opportunities appear to be in getting the overseas businesses to perform closer to standard of UK/Ireland (though they may never fully achieve this, due to infrastructure and culture?). Fortunately, overseas are in growing markets and that takes some of the strain on numbers. My view, fwiw and no advice intended, Tesco looks well managed, with good opportunities going forward, albeit these will develop slowly. Current yield is only about 2.5% but this is projected to rise significantly. Could be a solid, income generating holding with the prospect of some capital growth? For me, it's one to balance against my riskier holdings.
loganair: Never mind Tesco, is the Sainsbury’s share price the one to buy now? The J Sainsbury share price is down 35% over the past 12 months, exacerbated by the failure of the planned merger with Asda. It’s a very competitive environment, and without the claimed economies of scale that a mega-merger could possibly achieve, it’s difficult for Sainsbury to compete with the onslaught of Aldi and Lidl on top of the UK’s already squeezed marketplace. The slightly upmarket appeal of Sainsbury appears to have largely evaporated these days, and I don’t know how it’s going to differentiate itself in now that it’s all down to price, price, price. Bank? Actually, one possible approach is to provide more in-store services, as I was reminded on Tuesday when I read of the appointment of Jim Brown as the new CEO of Sainsbury’s Bank. There’s nothing earth-shattering in that, but then I think back to Tesco and its diversification into banking and things like that leading up to its over-stretching crisis. Sainsbury’s Bank seems to doing reasonably well, though operating profit from the company’s financial services (including Argos Financial Services) dropped to £31m in the 2018-19 year. To put that into some perspective, RBS reported operating profit of £1bn in its first quarter this year. And Sainsbury’s itself recorded a retail operating profit of £692m in the year just ended. It’s only a few weeks ago that Tesco told us it was quitting mortgage lending, and was considering ways to dispose of the business entirely. As Kevin Godbold put it, “providing mortgages looks like another commodity-style pursuit with precious little to differentiate between one provider’s offering and another’s.R21; No differentiation: When the main service a company is providing is a non-differentiated commodity, I don’t think adding more non-differentiated commodities is really providing much of a competitive advantage. We already have a very effective and efficient one-stop shop for all our run-of-the-mill stuff — it’s called the internet. No, it seems to me that for a supermarket to compete, it increasingly needs to do so on price, so how do Sainsbury’s and Tesco shape up on that score? I know some of my colleagues are seeing Tesco at least as an attractive long-term buy at the moment. Looking at current forecasts for it, predicted EPS rises would drop the forward P/E to only around 12 by 2021, and the dividend would be up to a yield of 3.9%. And I’ll admit that looks like a tempting valuation right now. And a look at Sainsbury’s shows a valuation that, on the face of it, looks even more attractive. Here we’re talking about an even lower 2021 P/E of 11, with a dividend yield of 4.6%. Further ahead: But I think we need to look to the greater future here, and I reckon Edward Sheldon has picked up on that very well. He points out that consumer data experts Kantar Worldpanel saw no growth from Tesco or Sainsbury in the 12 weeks to 19 May. And that’s during a period when Lidl sales grew by 11.1% while Aldi recorded an 8.5% jump. City analysts might be predicting decent growth for both over the next few years, but I don’t yet see where it’s coming from. In fact, I can see all of our big supermarkets experiencing a tighter and tighter competitive squeeze. And that, to me, is not an enticing prospect for my retirement investments.
dgduncan: Just while you are checking this page - are you against the practice of shorting your shares by shorters selling them while not actually owning them ?. Share price should be based on supply and demand. If you agree, please sign the petition : hTTps://petition.parliament.uk/petitions/242399
filmster: I feel brexit and the potential asda/Sainsbury's merger is currently holding the share price back unfortunately. Great full year results.
letsmakesome: Share price reaction has been pretty poor given the news
philanderer: Prelims next wednesday. proactiveinvestors.co.uk: Tesco reports its full-year results on Wednesday when investors will be hoping to see more signs that the company’s strategy under Dave Lewis is working. In the first-half results in October, Lewis said Tesco was “firmly on track” to deliver its medium-term ambitions set out in October 2016 to reduce its costs by £1.5bn, to generate £9bn of retail cash from operations and to improve group operating margins to between 3.5% and 4.0% by 2019/20. In a preview of the Tesco numbers, analysts at The Share Centre said: “There has been a recovery in the share price this year in the hope that the group’s recovery remains on track. “Long-suffering investors will be hoping that management demonstrate a measure of confidence for the year ahead in regard to operating margin, Booker synergies and the overall brand.”
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