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Capita maintain their dividend...

General discussions about equity high-yield income strategies
toofast2live
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Capita maintain their dividend...

#35699

Postby toofast2live » March 2nd, 2017, 1:45 pm

... and consider it supportable going forward, anticipating growth in 2018. Debt looks manageable, ROE and ROA looks reasonable and profit to cash conversion looks OK (all AFAICS). Obviously that leaves the several operational blunders to forgive, but maybe quite a bit of that was down to Government and Private sector delaying or reducing contracts in the light of BREXIT. MITIE seems to have suffered the same fate.

Now relegated to the FTSE250 so one for the chancers, perhaps?

funduffer
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Re: Capita maintain their dividend...

#36409

Postby funduffer » March 5th, 2017, 2:17 pm

I added Capita to my HYP last year, and have been holding my breath that I hadn't caught a falling knife.

Relieved about the dividend, not concerned about the relegation from the FTSE 100, so I am hoping the only way now is up.

Apparently, Neil Woodford still has confidence, but that was in the CEO that has just left!


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