BP Marsh has announced an upbeat trading update for the financial year ending 31st January 2016 that included news on its investment portfolio. A dividend of 3.42p per share (+24%) has been recommended whilst the current cash balance of £3.6m is expected to increase in July when its remaining stake in Hyperion is sold for £7.3m in cash. The trading outlook appears upbeat and with an active low-volume share buy-back programme in place we believe that the shares should not be tradin

09 Feb 2016
Panmure Morning Note 09-02-16

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Panmure Morning Note 09-02-16
B.P. Marsh & Partners PLC (BPM:LON) | 695 0 0.0% | Mkt Cap: 246.1m
- Published:
09 Feb 2016 -
Author:
Barrie Cornes -
Pages:
3 -
BP Marsh has announced an upbeat trading update for the financial year ending 31st January 2016 that included news on its investment portfolio. A dividend of 3.42p per share (+24%) has been recommended whilst the current cash balance of £3.6m is expected to increase in July when its remaining stake in Hyperion is sold for £7.3m in cash. The trading outlook appears upbeat and with an active low-volume share buy-back programme in place we believe that the shares should not be tradin