Berkeley Group

Increases shareholder returns

  • Sectors : Construction and Housebuilding
  • Companies : Berkeley Group

Ratings and price correct at time of issue.

  • Berkeley Group

    Closing Price: 5186p

  • RATING 10/09/13

  • PREVIOUS RATING 21/05/13

    UNDER REVIEW

DAVY VIEW

Berkeley Group has had the cash resources for this increase for some time and, to some extent, it was a matter of when rather than if it would increase the pay-out. The returns are well covered by the balance sheet and the dividend yield should step up close to 8% for the next two years.

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Jan 22 2020, 07:30 GMT

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