Record, as an experienced, independent, well-capitalised provider, is in a good position to benefit should market volatility prompt a rise in demand for currency hedging and management services. Hedging now accounts for 85% of Record’s fees, moderating the risks of volatility in its own income, while shareholders stand to benefit from a prospective total yield that could exceed 8% (6.5% from the indicated ordinary dividend).
25 Jul 2016
Dividend upside
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Dividend upside
Record plc (REC:LON) | 63.0 0.9 2.3% | Mkt Cap: 125.4m
- Published:
25 Jul 2016 -
Author:
Andrew Mitchell -
Pages:
8
Record, as an experienced, independent, well-capitalised provider, is in a good position to benefit should market volatility prompt a rise in demand for currency hedging and management services. Hedging now accounts for 85% of Record’s fees, moderating the risks of volatility in its own income, while shareholders stand to benefit from a prospective total yield that could exceed 8% (6.5% from the indicated ordinary dividend).