Value investing for beginners
Our companies and markets editor, Richard Beddard, offers a succinct guide to value investing.
Word of the Day
The income from a share investment. Most companies pay dividends out of their profits twice a year, but they don't have to. The mid-year payment is known as the interim dividend, and the end-of-year payment is called the final dividend. Dividends may be quoted gross - before tax has been deducted - or net - after tax has been deducted, but they are paid out net.