Image source: Getty Images My goal today is to find the best dividend-paying stocks and exchange-traded funds (ETFs) to buy on the London stock market. Here are three I’d snap up for passive income with cash to invest. The REIT Real estate investment trusts (REITs) can be great buys for dividend income. In exchange for certain tax breaks, they need to distribute at least 90% of annual rental profits out to shareholders. Supermarket Income REIT (LSE:SUPR) is one such trust on my radar. Its 12-month trailing yield is a whopping 8.3%. By comparison, the average yield on FTSE 100 shares…
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Investing.com — Wedbush analysts upgraded Zoom Video Communications (NASDAQ:) from Neutral to Outperform on Thursday, raising the price target from $80 to $85. The analysts cite growing confidence in Zoom’s enterprise business, stabilizing churn, and new opportunities in the contact center segment as key reasons for the optimistic outlook. “We are upgrading our rating…as the company expects to see a re-acceleration in growth across enterprise customers while seeing its churn stabilize,” Wedbush wrote. Wedbush notes that Zoom’s core products are now unified via its communications platform, Zoom One, which integrates meetings, phone, chat, and more. Wedbush believes the company’s broad product…
NEW YORK–(BUSINESS WIRE)–Ladder Capital Corp (NYSE: LADR) (we, Ladder, or the Company) will release its third quarter 2024 results on Thursday, October 24, 2024 before the open of markets that day. The Company will host a conference call and webcast for investors at 10:00 a.m. Eastern Time that day to discuss the financial results. The conference call can be accessed by dialing (877) 407-4018 domestic or (201) 689-8471 international. Individuals who dial in will be asked to identify themselves and their affiliations. For those unable to participate, an audio replay will be available until midnight on Thursday, November 7, 2024.…
Clear standards, enhanced transparency: Investors push for better disclosure amid greenwashing fears | Benefits and Pensions Monitor ESG Investing ‘People should tell the truth about what they’re doing, and explain it in terms their stakeholders can understand,’ says UPP senior managing director Brian Minns, senior managing director of responsible investment at University Pension Plan (UPP); Mary Jane McQuillen, head of ESG at ClearBridge Investments Despite the geopolitical risks and the current economic climate, Environmental, Social, and Governance (ESG) integration continues to grow in importance, particularly among institutional investors and pension funds. With increased scrutiny from regulators and investors, the need…
Lucid Motors (LCID) stock is sliding after the EV-maker announced another capital raise via a share sale late Wednesday night, as the California-based EV maker seeks further runway ahead of the release of its upcoming EV SUV.Lucid said it will offer up to 262,446,931 shares, with the proceeds likely raising around $1.67 billion, for general corporate purposes as well as for capital expenditures and working capital.The company also said its majority shareholder, Public Investment Fund affiliate Ayar Third Investment Company, would purchase an additional 374,717,927 shares via a private placement, which would allow Ayar to maintain its 58.8% stake without…
Avishek Das | Lightrocket | Getty ImagesFBI agents on Thursday morning arrested a 25-year-old Alabama man on charges related to the hack in January of the Securities and Exchange Commission’s X account, which led to the price of bitcoin spiking by more than $1,000, the Department of Justice announced.The man, Eric Council Jr., is charged with conspiracy to commit aggravated identity theft and access device fraud, the DOJ said. The Athens resident is expected to appear later Thursday in U.S. District Court for the Northern District of Alabama.Council is accused of conspiring with others to hack the SEC’s account and…
Deutsche Bank adjusted its stance on RS Group Plc (RS1:LN), downgrading the stock from ‘Buy’ to ‘Hold’ and reducing the price target to £8.30 from the previous £9.50. The revision follows observations of the company’s third-quarter performance, which showed mixed regional results and consistently subdued demand. The bank’s analysis highlighted a disparity in industry sectors, noting that while Fastenal (NASDAQ:) reported a modest increase in daily sales, there was a significant decline in reseller performance and a contrasting strength in safety sales. This mix is seen as unfavorable for RS Group, which has less involvement in the stronger-performing safety sector.…
On Thursday, Citi maintained its Buy rating on ServiceNow (NYSE: NYSE:), while increasing the stock’s price target to $1,068 from $915. The adjustment reflects the firm’s confidence in ServiceNow’s ability to navigate through an uncertain IT budget landscape. Citi’s analysis suggests that ServiceNow’s core business remains strong and is likely to benefit from the additional high-return opportunities presented by its GenAI upsell. The firm’s recent fieldwork indicates solid demand for ServiceNow’s GenAI/Pro Plus offerings and a decrease in concerns regarding delayed deals. Although ServiceNow’s stock has seen a significant 26% increase since the last earnings report, Citi acknowledges that the…
Patient Capital Management, a value investing firm, released its “Patient Capital Opportunity Equity Strategy” third quarter 2024 investor letter. A copy of the letter can be downloaded here. During the quarter, the strategy returned 5.58% net of fees compared to the S&P 500’s 5.89% return. According to a three-factor performance attribution model, allocation and selection effects contributed positively to the portfolio’s performance while interaction effects contributed negatively. In addition, you can check the fund’s top 5 holdings to determine its best picks for 2024.Patient Capital Management highlighted stocks like Dave & Buster’s Entertainment, Inc. (NASDAQ:PLAY) in the third quarter 2024 investor…
In September, a man who purchased a stolen 2023 Dodge Challenger Demon 170 for a mere $20,000. The vehicle, with only 61 miles on the odometer, was a brand new Demon 170 finished in blue. Unfortunately, thieves had dismantled the car, leaving the chassis in pieces and many components missing. Despite the setback, the man managed to recover the supercharger V8 engine and transmission from the police. Faced with a nearly unusable car, the owner decided to build a Demon 170 knockoff from scratch. He purchased a stolen Challenger with a solid chassis and began assembling the Demon drivetrain into…