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Author nk1999     View Profile     Add to favourites     Ignore
Date posted 2016-07-25 22:20
Subject Mail- Midas 
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"............... The group is working hard to meet those goals and is paying a decent dividend, so the shares yield about 4 per cent.

Most brokers responded positively to the trading statement, expecting profits to rise 17 per cent to £228 million for the year to March 2017, with the dividend up a penny at 29p.

Midas verdict: Investors in Tate & Lyle have benefited from the Brexit effect, but the business is also making genuine progress.

Existing shareholders should hold. New investors could also consider snapping up a few of these shares for the long term."

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