UK-based telecom giant BT Group plc (BT) announced today that it intends to delist its ADR from the New York Stock Exchange(NYSE). The last day the ADR will trade on the NYSE is Sept 13, 2019. The ADR program will be fully terminated by Sept 23, 2019. From the press release: BT Group plc (BT) will …
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The British Pound hit a two-year low against the US Dollar last week. The pound has been on a downward spiral since 2014 as shown in the chart below. Currently the exchange rate is 1.23$ to a pound at the interbank rate. Click to enlarge Source: MoneyWeek When pound was stronger a few years ago, …
The British equity market is one of the best markets for investors looking for dividend stocks. The UK has a strong dividend culture and compared to the 2% or so on the S&P 500, British firms tend to have much higher dividend yields. In addition, US investors do not have to worry about dividend withholding …
The UK equity market has one of the highest dividend yields in the world. Many of the large British firms pay a high proportion of their profits as dividends and some of them have increased payments over the years. Among the FTSE 10o constituents, 26 members have increased their dividends for at least the past …