Garry White of the Telegraph.co.uk writes a column on defensive dividend stock Diageo PLC (DEO) and the prospects of future dividend increases from the company.
"Diageo shares have underperformed other defensives over the past six months, but the company generates good cash flows and its dividend is safe. This has created a buying opportunity....Of course, despite its defensive characteristics, the spirits and beer group has not been immune to the effects of the recession. Destocking has been a major theme – and this has obviously hit sales."
See Source:
How Annuities Work
6 hours ago
0 comments:
Post a Comment