Falls in revenue as expected owing to the European Securities and Markets Authority (ESMA) measures with a reiterated dividend payment until the Group's earnings allow a resumption of progressive dividends.
Yield up as I type
![Wink ;)](./images/smilies/icon_e_wink.gif)
Cheers, OLTB.
Thanks to Anonymous,bruncher,niord,gvonge,Shelford, for Donating to support the site
OLTB wrote:Trading update here https://www.investegate.co.uk/article.a ... 700047713Z
Reiterated annual dividend of 43.2p and an expectation to maintain at this level until the Group's earnings allow a resumption of progressive increases.
Cheers, OLTB.
Stan wrote:
They don't look too shabby me.
idpickering wrote:Stan wrote:
They don't look too shabby me.
A held dividend, and lessening incoming dosh is enough to put me off. The market seems not to bothered though, down 0.34% as I type.
Ian.
Stan wrote:Results Un shabby again I see, up over 9% last time I looked. I made a very respectable amount last year on these going in and out so will look to get in again at some point.
idpickering wrote:Stan wrote:Results Un shabby again I see, up over 9% last time I looked. I made a very respectable amount last year on these going in and out so will look to get in again at some point.
Each to their own Stan, but I like to do minimal trading, so a hold for me.
Ian.
marktime1231 wrote:Dear idpickering and chums
As a new board user may I ask why you were directing people to chat on HYP Practical? Is this not the place to hold a narrow discussion about individual stocks ... I actually do not fully understand the way to use HYP boards yet, one is Practical (but practical what) and one is I think more general (portfolio stuff or investment strategy discussions)?
marktime1231 wrote:Dear idpickering and chums
As a new board user may I ask why you were directing people to chat on HYP Practical? Is this not the place to hold a narrow discussion about individual stocks ... I actually do not fully understand the way to use HYP boards yet, one is Practical (but practical what) and one is I think more general (portfolio stuff or investment strategy discussions)?
IG Group Holdings plc ("IG", "the Group", "the Company"), a global leader in online trading, today issues a scheduled update on its revenue for the three months to 29 February 2020 ("Q3 FY20"), the third quarter of its financial year ending 31 May 2020 ("FY20").
Business performance in Q3
The business performed strongly in the third quarter driven by a significant increase in active clients and reflecting increased client trading activity, particularly in the last week of February when financial market volatility was exceptionally high.
Revenue in Q3 FY20 was £139.8 million, 29% higher than in the same period in the prior year. Q3 FY20 was IG's strongest revenue quarter since the implementation of the ESMA product intervention measures in August 2018 and is the third highest quarterly revenue in the Group's history, exceeded only by the last two quarters of FY18.
The Board of IG Group Holdings plc ("IG" or "the Company"), a global leader in online trading, is pleased to announce the appointment of Charlie Rozes as Chief Financial Officer of the Company. This follows the announcement made on 21 January 2020 of Paul Mainwaring's intention to retire. Charlie will join IG on 1 June 2020 as an Executive Director and Chief Financial Officer[1], following which there will be a month's handover from Paul before he leaves the Company.
Return to “Company Share news (LSE Main Market)”
Users browsing this forum: No registered users and 11 guests