Latest news with #DCCplc
RTÉ News
7 hours ago
- Business
- RTÉ News
Flogas to power main stage at Electric Picnic with renewable energy
Flogas has announced its partnership with Electric Picnic, becoming the festival's official energy partner. The collaboration will see Flogas, part of DCC plc, power the Electric Picnic main stage with renewable electricity via the electricity grid, reducing the event's carbon footprint and showcasing best practices for sustainable event management. At the centre of the partnership is a Corporate Power Purchase agreement (CPPA) between Flogas and Highfield Energy's Jaroma wind farm in Co Tipperary. Ensuring the grid supplied electricity powering the main stage is sourced from Irish renewable wind energy, any balance of consumption not powered by this CPPA is backed by GOs (Guarantee of Origin). Flogas said this not only guarantees a cleaner, greener festival experience but also reflects both organisations' long-term commitment to environmental leadership. "This partnership with Electric Picnic is a proud moment for Flogas," said John Rooney, Managing Director of Flogas. "We're delighted to be powering the main stage with renewable electricity, helping to significantly cut the festival's carbon emissions. "It's a fantastic opportunity to demonstrate how local, renewable energy can deliver at scale and support a more sustainable future for everyone." Melvin Benn, Festival Director of Electric Picnic said, "We're delighted to welcome Flogas as the Official Energy Partner of Electric Picnic. Flogas's expertise and leadership in renewable energy make them the perfect partner as we continue to reduce the festival's environmental impact."
Yahoo
18-05-2025
- Business
- Yahoo
Do These 3 Checks Before Buying DCC plc (LON:DCC) For Its Upcoming Dividend
Readers hoping to buy DCC plc (LON:DCC) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order 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. Accordingly, DCC investors that purchase the stock on or after the 22nd of May will not receive the dividend, which will be paid on the 17th of July. The company's next dividend payment will be UK£1.4021 per share. Last year, in total, the company distributed UK£2.06 to shareholders. Looking at the last 12 months of distributions, DCC has a trailing yield of approximately 4.3% on its current stock price of UK£48.08. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. So we need to investigate whether DCC can afford its dividend, and if the dividend could grow. Our free stock report includes 2 warning signs investors should be aware of before investing in DCC. Read for free now. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Last year DCC paid out 98% of its profits as dividends to shareholders, suggesting the dividend is not well covered by earnings. A useful secondary check can be to evaluate whether DCC generated enough free cash flow to afford its dividend. Dividends consumed 54% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's good to see that while DCC's dividends were not well covered by profits, at least they are affordable from a cash perspective. Still, if this were to happen repeatedly, we'd be concerned about whether the dividend is sustainable in a downturn. Check out our latest analysis for DCC Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Companies with falling earnings are riskier for dividend shareholders. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. So we're not too excited that DCC's earnings are down 3.4% a year over the past five years. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. DCC has delivered an average of 10% per year annual increase in its dividend, based on the past 10 years of dividend payments. The only way to pay higher dividends when earnings are shrinking is either to pay out a larger percentage of profits, spend cash from the balance sheet, or borrow the money. DCC is already paying out a high percentage of its income, so without earnings growth, we're doubtful of whether this dividend will grow much in the future. Is DCC an attractive dividend stock, or better left on the shelf? Earnings per share have been shrinking in recent times. Additionally, DCC is paying out quite a high percentage of its earnings, and more than half its cash flow, so it's hard to evaluate whether the company is reinvesting enough in its business to improve its situation. With the way things are shaping up from a dividend perspective, we'd be inclined to steer clear of DCC. Having said that, if you're looking at this stock without much concern for the dividend, you should still be familiar of the risks involved with DCC. In terms of investment risks, we've identified 2 warning signs with DCC and understanding them should be part of your investment process. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield 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.
Yahoo
17-05-2025
- Business
- Yahoo
DCC (LON:DCC) Is Increasing Its Dividend To £1.4
DCC plc (LON:DCC) has announced that it will be increasing its dividend from last year's comparable payment on the 17th of July to £1.4. This will take the dividend yield to an attractive 4.3%, providing a nice boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Prior to this announcement, the company was paying out 98% of what it was earning, however the dividend was quite comfortably covered by free cash flows at a cash payout ratio of only 55%. Given that the dividend is a cash outflow, we think that cash is more important than accounting measures of profit when assessing the dividend, so this is a mitigating factor. The next year is set to see EPS grow by 117.4%. Under the assumption that the dividend will continue along recent trends, we think the payout ratio could be 49% which would be quite comfortable going to take the dividend forward. See our latest analysis for DCC The company has an extended history of paying stable dividends. Since 2015, the dividend has gone from £0.769 total annually to £2.06. This implies that the company grew its distributions at a yearly rate of about 10% over that duration. It is good to see that there has been strong dividend growth, and that there haven't been any cuts for a long time. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. However, things aren't all that rosy. DCC has seen earnings per share falling at 3.4% per year over the last five years. Declining earnings will inevitably lead to the company paying a lower dividend in line with lower profits. However, the next year is actually looking up, with earnings set to rise. We would just wait until it becomes a pattern before getting too excited. Overall, we always like to see the dividend being raised, but we don't think DCC will make a great income stock. The company is generating plenty of cash, but we still think the dividend is a bit high for comfort. We don't think DCC is a great stock to add to your portfolio if income is your focus. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 2 warning signs for DCC that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield 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.
Yahoo
17-05-2025
- Business
- Yahoo
DCC (LON:DCC) Is Increasing Its Dividend To £1.4
DCC plc (LON:DCC) has announced that it will be increasing its dividend from last year's comparable payment on the 17th of July to £1.4. This will take the dividend yield to an attractive 4.3%, providing a nice boost to shareholder returns. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. Prior to this announcement, the company was paying out 98% of what it was earning, however the dividend was quite comfortably covered by free cash flows at a cash payout ratio of only 55%. Given that the dividend is a cash outflow, we think that cash is more important than accounting measures of profit when assessing the dividend, so this is a mitigating factor. The next year is set to see EPS grow by 117.4%. Under the assumption that the dividend will continue along recent trends, we think the payout ratio could be 49% which would be quite comfortable going to take the dividend forward. See our latest analysis for DCC The company has an extended history of paying stable dividends. Since 2015, the dividend has gone from £0.769 total annually to £2.06. This implies that the company grew its distributions at a yearly rate of about 10% over that duration. It is good to see that there has been strong dividend growth, and that there haven't been any cuts for a long time. Some investors will be chomping at the bit to buy some of the company's stock based on its dividend history. However, things aren't all that rosy. DCC has seen earnings per share falling at 3.4% per year over the last five years. Declining earnings will inevitably lead to the company paying a lower dividend in line with lower profits. However, the next year is actually looking up, with earnings set to rise. We would just wait until it becomes a pattern before getting too excited. Overall, we always like to see the dividend being raised, but we don't think DCC will make a great income stock. The company is generating plenty of cash, but we still think the dividend is a bit high for comfort. We don't think DCC is a great stock to add to your portfolio if income is your focus. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 2 warning signs for DCC that investors should know about before committing capital to this stock. If you are a dividend investor, you might also want to look at our curated list of high yield 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
16-05-2025
- Business
- Yahoo
3 Leading UK Dividend Stocks
Amidst recent challenges in the UK market, including the FTSE 100's decline due to weak trade data from China and global economic uncertainties, investors are increasingly seeking stability and income through dividend stocks. In such a fluctuating environment, identifying companies with strong fundamentals and consistent dividend payouts can be a prudent strategy for those looking to navigate these turbulent times. Name Dividend Yield Dividend Rating WPP (LSE:WPP) 6.55% ★★★★★★ Man Group (LSE:EMG) 7.48% ★★★★★☆ 4imprint Group (LSE:FOUR) 5.07% ★★★★★☆ Keller Group (LSE:KLR) 3.21% ★★★★★☆ Treatt (LSE:TET) 3.32% ★★★★★☆ NWF Group (AIM:NWF) 4.86% ★★★★★☆ Big Yellow Group (LSE:BYG) 4.47% ★★★★★☆ James Latham (AIM:LTHM) 7.08% ★★★★★☆ OSB Group (LSE:OSB) 7.01% ★★★★★☆ Grafton Group (LSE:GFTU) 3.68% ★★★★★☆ Click here to see the full list of 56 stocks from our Top UK Dividend Stocks screener. We'll examine a selection from our screener results. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Brooks Macdonald Group plc offers investment and wealth management services to private clients, pension funds, professional intermediaries, and trustees in the UK and Channel Islands, with a market cap of £238.55 million. Operations: Brooks Macdonald Group plc generates revenue through its subsidiaries by providing a variety of financial services, including investment and wealth management, to diverse clients such as private individuals, pension funds, professional intermediaries, and trustees across the UK and Channel Islands. Dividend Yield: 5.2% Brooks Macdonald Group's dividend payments have been stable and growing over the past decade, supported by cash flows with a reasonable cash payout ratio of 50.3%. However, the dividend yield of 5.21% is below the top quartile in the UK market and not well covered by earnings due to a high payout ratio of 187.5%. Recent financials show improved net income despite lower sales, indicating potential for future growth but highlighting current sustainability concerns. Get an in-depth perspective on Brooks Macdonald Group's performance by reading our dividend report here. Our valuation report unveils the possibility Brooks Macdonald Group's shares may be trading at a premium. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: DCC plc is involved in the sales, marketing, and distribution of carbon energy solutions globally, with a market capitalization of £4.76 billion. Operations: DCC plc's revenue is primarily derived from its Energy segment, which contributes £13.37 billion, and its Technology segment, which adds £4.64 billion. Dividend Yield: 4.3% DCC's dividend payments have shown stability and growth over the past decade, supported by a reasonable cash payout ratio of 55.5%, although not well covered by earnings with a high payout ratio of 98.1%. Recent financials indicate decreased sales and net income, raising concerns about sustainability despite reliable dividends. The dividend yield of 4.29% is lower than top-tier UK payers, and upcoming executive changes might impact future performance amid strategic shifts in energy operations. Dive into the specifics of DCC here with our thorough dividend report. Our comprehensive valuation report raises the possibility that DCC is priced lower than what may be justified by its financials. Simply Wall St Dividend Rating: ★★★★☆☆ Overview: Foresight Group Holdings Limited is an infrastructure and private equity manager operating in the UK, Italy, Luxembourg, Ireland, Spain, and Australia with a market cap of £448.25 million. Operations: Foresight Group Holdings generates its revenue from three main segments: Infrastructure (£87.79 million), Private Equity (£50.78 million), and Foresight Capital Management (£8.10 million). Dividend Yield: 5.8% Foresight Group Holdings' dividends are well-supported by a cash payout ratio of 67.7% and an earnings payout ratio of 86.6%, with a yield in the top 25% of UK payers at 5.76%. Despite only four years of dividend history, payments have been stable and growing. Recent share buybacks, totaling £17 million, reflect strong cash flow management. The stock is trading at a discount to its estimated fair value, enhancing its appeal for income-focused investors. Delve into the full analysis dividend report here for a deeper understanding of Foresight Group Holdings. Upon reviewing our latest valuation report, Foresight Group Holdings' share price might be too pessimistic. Dive into all 56 of the Top UK Dividend Stocks we have identified here. Hold shares in these firms? Setup your portfolio in Simply Wall St to seamlessly track your investments and receive personalized updates on your portfolio's performance. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This 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. Companies discussed in this article include LSE:BRK LSE:DCC and LSE:FSG. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ 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
