Top Portugal Developer Offloads Hotels as Tourism Breaks Records
The company is planning to sell four hotels and branded residences under development in the summer resort of Comporta, favored by international celebrities and European royalty for its exclusivity and pristine sandy beaches. Vanguard is aiming for a valuation in the 'hundreds of millions of euros,' said Jose Cardoso Botelho, chief executive officer of the Lisbon-based real estate developer.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Don't Buy AMCIL Limited (ASX:AMH) For Its Next Dividend Without Doing These Checks
AMCIL Limited (ASX:AMH) is about to trade ex-dividend in the next four days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important because any transaction on a stock needs to have been settled before the record date in order to be eligible for a dividend. Thus, you can purchase AMCIL's shares before the 8th of August in order to receive the dividend, which the company will pay on the 27th of August. The company's next dividend payment will be AU$0.055 per share. Last year, in total, the company distributed AU$0.04 to shareholders. Based on the last year's worth of payments, AMCIL has a trailing yield of 3.5% on the current stock price of AU$1.13. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Last year AMCIL paid out 104% of its profits as dividends to shareholders, suggesting the dividend is not well covered by earnings. Generally, the higher a company's payout ratio, the more the dividend is at risk of being reduced. Check out our latest analysis for AMCIL Click here to see how much of its profit AMCIL paid out over the last 12 months. Have Earnings And Dividends Been Growing? Stocks with flat earnings can still be attractive dividend payers, but it is important to be more conservative with your approach and demand a greater margin for safety when it comes to dividend sustainability. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're not enthused to see that AMCIL's earnings per share have remained effectively flat over the past five years. We'd take that over an earnings decline any day, but in the long run, the best dividend stocks all grow their earnings per share. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. AMCIL's dividend payments are effectively flat on where they were 10 years ago. The Bottom Line Has AMCIL got what it takes to maintain its dividend payments? AMCIL has an uncomfortably high payout ratio, and its earnings have not grown at all. All things considered, we're not optimistic about its dividend prospects, and would be inclined to leave it on the shelf for now. With that being said, if you're still considering AMCIL as an investment, you'll find it beneficial to know what risks this stock is facing. For example - AMCIL has 1 warning sign we think you should be aware of. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29 minutes ago
- Yahoo
Applied Digital (APLD) Jumps 16% on New Multi-Billion Dollar Contract
We recently published Applied Digital Corporation (NASDAQ:APLD) is one of the companies that stood stronger last week. Applied Digital grew its share prices by 16.46 percent in just the past five days of trading, as investors cheered its expanded collaboration with CoreWeave Inc. that would hike the two firms' contract to as much as $11 billion. This followed CoreWeave Inc.'s (NASDAQ:CRWV) exercise of an option to add another 150 MW of critical IT load capacity from Applied Digital Corporation (NASDAQ:APLD), on top of the 250 MW signed earlier, effectively bringing the total capacity to 400 MW. According to Applied Digital Corporation (NASDAQ:APLD), the first 100 MW facility is scheduled to be operational in the fourth quarter of the year, to be followed by a 150 MW capacity in the middle of next year, and the third 150 MW in 2027. Meanwhile, Applied Digital Corp. (NASDAQ:APLD) narrowed its net loss attributable to shareholders in the fourth quarter ending May 2025 by 16 percent to $53.9 million from $64.7 million in the same period last year. Total revenues increased by 41 percent to $38 million from $26.9 million year-on-year. While we acknowledge the potential of APLD as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the .
Yahoo
29 minutes ago
- Yahoo
Western Digital (WDC) Jumps 11.23% on Strong Earnings
We recently published Western Digital Corporation (NASDAQ:WDC) is one of the companies that stood stronger last week. Western Digital saw its share prices jump by 11.23 percent week-on-week as investors cheered its strong earnings performance in the fourth quarter of fiscal year 2025. In an updated report, the company said it swung to a net income attributable to shareholders of $243 million from a $256 million net loss in the same period last year, as revenues grew by 30 percent to $2.6 billion from $2 billion year-on-year. For the full fiscal year, Western Digital Corporation (NASDAQ:WDC) registered an attributable net income of $1.6 billion, reversing an $819-million net loss a year ago. Net revenues amounted to $9.5 billion, marking a 50.8-percent jump from the $6.3 billion year-on-year. 'Western Digital executed well in its fiscal fourth quarter, achieving revenue and gross margin above the high end of our guidance range while delivering strong free cash flow,' said CEO Irving Tan. For full fiscal year 2026, Western Digital Corporation (NASDAQ:WDC) expects revenues to settle between $2.6 billion to $2.8 billion with gross margin between 41 and 42 percent. Copyright: believeinme33 / 123RF Stock Photo It also declared a cash dividend amounting to $0.10 to all common shareholders as of September 4 record. The dividends will be paid on September 18, 2025. While we acknowledge the potential of WDC as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
