Has Burberry Group got what it takes to resume its dividend payments?

first_imgHas Burberry Group got what it takes to resume its dividend payments? Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The stock market has been very volatile in recent months due to the coronavirus crisis. Therefore, many investors might look to invest in stable dividend stocks that would provide predictable income. Burberry Group (LSE: BRBY) is an iconic global household name in the world of fashion. It has been paying a dividend for more than 10 years.But with the recent pandemic, sales fell 3% to £2.6bn after it was forced to close the majority of its stores in mainland China in February. There were significant declines in store visitors that remained open and operated with reduced hours.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Burberry stock is currently trading at £14 at the time of this writing. This is 40% below its all-time high in January this year.Burberry Group: going back to the fundamentalsThe debt-to-equity ratio has also increased from 4.5% to 28% at the end of 2019. The good news is that it has £929 million in cash, which is well above its debt level. Burberry Group has cancelled its final dividend payment this year to shore up cash as sales plunged 27% in its fourth quarter. And there will be significant pressure on the luxury consumer for months ahead.There are some metrics we can look at to assess whether Burberry can resume its dividend payments in the future. If you are an income investor and want to buy Burberry Group for its dividend, you should always find out whether its dividend is reliable and sustainable. There is no point in buying a stock if its dividend is regularly being cut or is not reliable. Therefore, we should always check whether the company’s earning is growing since dividends are typically paid from company’s earnings. Burberry has had a steady growth of 3.4% earnings per share in the past five years on average, which is in line with the industry norm.The payout ratioWe should also pay attention to the payout ratios, which indicates how much dividends are being paid out from its earnings. Burberry Group paid out 49% of its profit as dividends last year. This is a medium payout level that leaves enough capital to reinvest back into the business for future growth. It also leaves room for future increases of dividends payout.Growing dividendOne other important metric to look at is its historical dividend growth rate. Burberry Group has delivered an average of 13% increase annually in its dividend in the past ten years. This is a good indication of potential future dividend growth as we can see while earnings are growing, the company is rewarding its shareholders accordingly.Buy the dipHas Burberry Group got what it takes to resume its dividend payments? Earnings per share have been growing moderately in the past five years, and Burberry’s payout ratio was less than half its earnings. This suggests the company is investing in growth. Burberry is an iconic and internationally recognised brand with loyal customers especially in Asia. Burberry Group’s revenue and profit margin will suffer in the short term. But when the pandemic is over and retail operations are back to normal, I believe it will reinstate its dividends.Now presents the opportunity to buy retail shares while the company is still trading at a good discount from its all-time high. Retailers will benefit from pent-up demand after months of lockdown and shoppers will be excited to return to stores as long as there are appropriate social distancing measures and hygiene practices in place. Furthermore, over 40% of Burberry Group’s revenue generates from Asia-Pacific region. Recent news indicates that China’s economic recovery is showing signs of improvement, which is great news for the company and shareholders. Image source: Getty Images. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. “This Stock Could Be Like Buying Amazon in 1997” Ellen Leung | Wednesday, 3rd June, 2020 | More on: BRBY I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Simply click below to discover how you can take advantage of this. Ellen Leung has no position in any of the shares mentioned. . The Motley Fool UK has recommended Burberry. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. 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House raid yields gun, ammos

first_imgOeste wasdetained in the lockup cell of the Cabatuan municipal police station. The 38-year-oldresident Ricky Pineda, a former security guard, was caught after the policeraided his house on the strength of a search warrant around 9 a.m. onWednesday. The warrant wasissued by Judge Gemalyn Tarol of the Regional Trial Court Branch 31 in thiscity. Recovered fromOeste was a .45-caliber pistol with live bullets, police said. center_img ILOILO City – Forowning an unlicensed firearm, a man was arrested in Barangay Janipaan Oeste,Cabatuan, Iloilo. Charges forviolation of Republic Act 10591, or the Comprehensive Firearms and AmmunitionRegulation Act will be filed against him./PNlast_img read more

SA pushes for energy-efficient industry

first_img23 November 2011 “We all know that an economy cannot grow without energy, but that does not mean inefficient use of energy,” the Department of Energy’s Ompie Aphane said at the official launch of South Africa’s Industrial Energy Efficiency Improvement Project. “It is clear that we cannot continue on a wasteful path as we have been on,” Aphane, the department’s deputy director-general for electricity, nuclear and clean energy, said in Johannesburg on Tuesday. The project, first introduced following the rolling energy blackouts in the country in 2008, is a collaboration between the Departments of Energy and Trade and Industry, the Swiss Secretariat for Economic Affairs, and the UK Department for International Development. It seeks to provide a framework for businesses to follow in becoming energy-efficient, with focus so far on the agro-processing, chemicals and liquid fuels, metals processing, and engineering sectors. The Department of Energy’s executive director, Tshenge Demana, said industrial energy efficiency could be a significant contributor to climate change mitigation. At the same time, he said, the Industrial Energy Efficiency Improvement Project had already demonstrated the importance of energy efficiency to industrial competitiveness. “Energy-intensity reductions, in the manufacturing sector especially, lead to superior productivity and therefore contribute positively to national industrial competitiveness,” Demana said. Over the past few years, energy costs have become an increasingly significant portion of total production costs for South Africa’s manufacturing sector. Demana said that, in order for the industry to achieve better ratios of energy intensity to production, change was necessary. Industrial Energy Efficiency National Project Manager Gerswynn McKuur said the project had created an enabling policy framework, a framework of measurement standards, codes of conduct, and other support measures to industry implement energy efficiency measures. “The project has been on-going for the past 18 months,” McKuur explained, adding that over 900 people have been skilled in the project’s energy management system, while seven large companies had been recruited to implement energy management systems within their operations. Source: BuaNewslast_img read more

Ohio Ag Weather and Forecast, June 6, 2019

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Dry weather settles in over all of Ohio today, and we stay dry through Saturday. There continues to be some moisture – the remains of a tropical wave from the western Gulf – working up into the southern US. As that low slowly arcs through the lower and mid-Mississippi valley and then off to the east, That may throw some clouds into far southern counties of the state. But generally we should be partly to mostly sunny everywhere with a nice 3 day dry stretch for Ohio We are pushing our next batch of rain back just a bit and also dropping the rain totals slightly. We see scattered showers in for Sunday and they linger through parts of Monday. Rain totals combined will be from .1”-.5” with coverage scaled back to 60%. There will be some areas that miss out on rain, and in general, even where rain falls it totals will be easily manageable. We do not think that this leads to a long term interruption in field work and planting. Behind that event we start to clear Monday night, and then should turn out partly to mostly sunny and dry again for Tuesday and Wednesday of next week. The map at right shows precipitation through next Thursday morning. The end of the 10 day window is a little unsettled now. We continue to look at a dry pattern trying to hold. However, models are increasingly bullish on adding some light shower action for overnight Wednesday night through Thursday. We are taking a “half step” this morning in the forecast, bringing in significantly more clouds for the Thursday period and we will not completely rule out a shower at this point. However, we are stopping short of calling a full out shower event for the entire state. We want a little more consensus in our data before making the move. We do look for a return to fully dry weather later Friday through the start of the following weekend.The extended period has a wet start with showers and thunderstorms for Sunday and Monday the 16th and 17th. Rain totals can be from half to 1.5” and coverage nearly 100%. Then we are dry up to the following Friday, the 21st, where showers return with totals of .25” to .75” and coverage at 70%.last_img read more

Netherlands’ 5-1 rout of Spain leaves World Champions desolated

first_imgRobin van Persie and Arjen Robben scored twice in Netherland’s scintillating outing against SpainThe Netherlands thrashed Spain 5-1 Friday, toying with the defending champions in the second half and gaining a measure of revenge for its 2010 loss in the World Cup final.STATISTICAL HIGHLIGHTS | MATCH PHOTOS Robin van Persie and Arjen Robben both scored twice and defender Stefan de Vrij grabbed his first international goal in a humiliating defeat for a Spain team that has won its last three major tournaments.It was the worst loss for Spain in the game’s showcase tournament since a 6-1 defeat to Brazil in 1950.In one game, Van Persie doubled his goal tally from the whole 2010 World Cup. The orange-clad Dutch fans at the Arena Fonte Nova gave him a standing ovation when he was substituted.The victory was particularly sweet for Netherlands coach Louis van Gaal, who was criticized for his decision to play five defenders against Spain. He insisted the formation had attacking potential as well as nullifying Spain’s fluent passing game.It did. And then some.At the end, Dutch fans were roaring “Ole” as their team passed the ball around and Spain chased them.It all started so well for Spain, with Xabi Alonso converting a 27th minute penalty. But it went downhill fast after Van Persie tied the game with an unbelievable looping header shortly before half time. Daley Blind launched a 40-yard pass from near midfield, and Van Persie timed his leap perfectly to guide the ball gently over goalie Iker Casillas, who helplessly watched it go into the net.advertisementSpain, which won the 2010 final thanks to an Andres Iniesta extra-time goal, exerted most of the pressure in the first half of the rematch, but had no answer once the Dutch went ahead and continually hit them on the break.The final goal came after Robben weaved around Casillas – who was crawling on the grass in desperation – and fired into the untended net.Spain coach Vicente Del Bosque sat stony faced on his bench at full time, while Van Gaal walked onto the pitch to hug his players.”This is a very delicate moment for us, and all of us have to find a way to solve it,” Del Bosque said.Spain lost its first match in 2010, and they still have a good chance to get out of the group stage if they can defeat Chile and Australia.last_img read more