Is this FTSE 100 5% dividend yield a brilliant buy or an investor trap?

first_img London’s quoted housebuilders have been some of the strongest risers so far in 2020. A so-called Boris Bounce following December’s general election has been seen across many parts of the UK economy. But the uplift to the home creators has been particularly strong since the middle of last month.A stream of positive trading updates from these businesses has underlined the strength of the market. So, too, have a myriad of industry gauges on the health of the housing sector. The Office for National Statistics is the latest body to pipe up today to chat about the strength of the homes market.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It says that the average home price rose 2.2% annually in December, to £235,000. This is up half a percentage point from the yearly growth printed a month earlier.Capital gainsThe release was particularly good reading for The Berkeley Group (LSE: BKG). The lion’s share of this builder’s sites is located in and around London and the South East of England. And property prices across these regions have been hit particularly hard in the fallout of the 2016 Brexit referendum.Could the report suggest that the market in the capital has turned a corner, though? The ONS says that average house prices grew 2.3% year on year in December. This was the sharpest increase since October 2017. And it was a vast improvement on recent surveys, too. Corresponding home values had risen by a modest 0.4% in November. They had fallen 1.2% during the 12 months to October, too.Distorted figures?Before you get too carried away, though, it’s worth noting ONS comments on that latest upswing. It says that the increase in the average growth rate “could instead be the result of a larger than usual shift in the type of properties being sold.”In essence, what this means is that the sale of higher-value properties last month – homes that are ubiquitous in the capital, of course – could distort the overall average price growth figure. There could be some truth to this. That report shows, for the most part, that sales of properties worth £900,000 and above in December outpaced those in either of the previous two months.On the up!While the ONS has a point, then, it does seem as if the broader London property market has in fact picked up more recently. Crest Nicholson for example, a firm with as significant exposure to the capital and the Home Counties as Berkeley, said last month that “footfall and visitor numbers on our developments have increased and traffic on our website is up” since late 2019’s election.City analysts certainly believe things are looking up for Berkeley. They expect it to recover from a 29% earnings fall in the fiscal year to April 2020 with a 4% rise in the following period.Recent announcements from Berkeley illustrate its own confidence in the long-term robustness of the market, too. In late January it declared plans to return an extra £1bn to shareholders over the next two years. It said it’s aiming to supercharge production rates by 50% for the next six years, too.Berkeley’s share price share price continues to rip higher, and an undemanding forward price-to-earnings ratio of 15.8 times suggests that it could have further to run. Combine this with a bold 4.9% corresponding dividend yield and I reckon the builder is a top buy today. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Royston Wild | Wednesday, 19th February, 2020 | More on: BKG Image source: Getty Images. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Simply click below to discover how you can take advantage of this. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Our 6 ‘Best Buys Now’ Shares See all posts by Royston Wild Enter Your Email Address Is this FTSE 100 5% dividend yield a brilliant buy or an investor trap?last_img read more

Over €3,000 worth of drugs seized in Letterkenny

first_img Facebook Over €3,000 worth of drugs seized in Letterkenny Pinterest RELATED ARTICLESMORE FROM AUTHOR Facebook Nine til Noon Show – Listen back to Monday’s Programme Pinterest Over €3,000 worth of drugs have been seized following the search of a property in Letterkenny.Last night Gardaí from the Divisional Drugs Unit at Letterkenny Garda Station carried out a search warrant in the High Road area of the town.€2,780 worth of cannabis and €350 worth of cocaine was seized.One man was arrested at the scene.He was detained and questioned and has been released without charge pending the submission of a file to the Director of Public Prosecution. Arranmore progress and potential flagged as population grows Google+ Google+ Homepage BannerNewscenter_img Previous articleMain Evening News, Sport and Obituaries Thursday October 3rdNext articleOllie Horgan not writing off UCD News Highland Community Enhancement Programme open for applications Twitter WhatsApp Twitter Important message for people attending LUH’s INR clinic By News Highland – October 3, 2019 News, Sport and Obituaries on Monday May 24th Loganair’s new Derry – Liverpool air service takes off from CODA WhatsApplast_img read more

Pfizer: New Vaccine Results-Safe, 95% Effective

first_imgShare:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to email this to a friend (Opens in new window) Pixabay Stock Image.NEW YORK – The final analysis of Pfizer’s new Coronavirus vaccine confirms that it is 95-percent effective with no safety concerns.An independent group monitoring the phase three clinical trial says the vaccine even proved effective in higher risk, older adults.The 95-percent efficacy rate came after only eight of the thousands of vaccinated patients caught Coronavirus.162 of the patients in the study who contracted COVID-19 received the placebo. The only side effect reported from the vaccination was fatigue, which was reported in fewer than four percent of patients after the second dose.Pfizer and its collaborator BioNTech will seek emergency use authorization from the FDA within days.last_img read more

Biden is closing the gap on Trump in Georgia.

first_imgIn Fulton County, a Democratic stronghold and home to most of Atlanta, Mr. Biden narrowed the margin by more than 18,000 votes between 5 p.m. and midnight as the work of processing and tabulating the votes continued. In DeKalb County, also part of the metropolitan region, Mr. Biden narrowed it by an additional 5,000. The next update from Georgia’s secretary of state is scheduled for 10:30 a.m. Thursday.Brad Raffensperger, the Georgia secretary of state, said that as of 10:15 p.m. Wednesday, about 90,735 ballots still needed to be counted. More than a third of them were in Fulton and DeKalb counties. ATLANTA — The presidential race in Georgia appeared headed for a photo finish as former Vice President Joseph R. Biden Jr. steadily gained ground on President Trump. The victor will be awarded 16 electoral votes.Mr. Biden began Wednesday morning approximately 100,000 votes behind Mr. Trump, but as county elections workers around the state continued the laborious tabulation of absentee ballots into Thursday morning, Mr. Trump’s lead narrowed to 23,000 votes, or 0.5 percent. Under Georgia election law, a candidate may request a recount if the margin is 0.5 or less.- Advertisement – Republicans in Georgia were nervously assessing the vote count and promised to file lawsuits in a dozen or more counties aimed at knocking off votes here and there. The first case, filed in Savannah on Wednesday, was an effort to chisel away 53 ballots that Georgia Republicans said had arrived too late to be counted. If the trajectory of Mr. Biden’s gains continued, it appeared he could overtake Mr. Trump in Georgia by the final tally on Thursday. The question was whether additional absentee votes from rural and more Republican areas would offset enough of Mr. Biden’s gains to preserve Mr. Trump’s lead.- Advertisement – – Advertisement –last_img read more

Sweden’s AP2 loses head of external equity to State Street think tank

first_imgA spokeswoman for AP2 confirmed that the buffer fund had filled the vacancy with an internal appointment but declined to name the replacement.The fund has more than SEK280bn (€30.5bn) in assets and employs external managers for global equity and credit strategies, emerging market sovereign debt and some of its alternative mandates – including its holdings in Chinese A shares.In 2014, it overhauled the way in which it manages its emerging market holdings, bringing a majority of the mandates in-house.CAR, which was established in 2011, conducts primary and secondary search projects spanning several years.It has partnerships with the Boston University Center for Finance, Law & Policy and Tufts University, which is home to the Fletcher Network for Sovereign Wealth and Global Capital.Read about how AP2 and other leading investors are lowering the carbon footprint of their portfolios The head of external equity managers at AP2 has departed the Swedish buffer fund for a US-based think tank.Mimmi Kheddache-Jendeby joined the Center for Applied Research (CAR), State Street’s think tank, earlier this month and will be vice-president and senior research strategist.  She graduated from the University of Gothenburg in 2003 with a masters in industrial and financial economics and was hired immediately by AP2, only leaving in early January.Kheddache-Jendeby spent several years at the fund as portfolio manager for external mandates and was most recently head of equity for external managers.last_img read more

Search for missing Caluya cop ends

first_imgSAN JOSE, Antique – After six days, authorities terminated their search and rescue (SAR) operation for the missing 33-year-old policeman onboard a motorboat that capsized between the waters of Sibato and Sibolo Islands in Caluya, Antique. M/B Habana was part of the convoy of mayor Lim bringing relief goods to the island barangay of Sibolo. “We regret to inform you that the SAR operation for Police Corporal Mark Anthony Alejandro terminates today. All agencies involved in the operation retreated to their respective points of origin after having completed the protocol operations,” Caluya mayor Rigil Kent Lim said in a statement yesterday. Alejandro was onboard the M/B Habana vessel with four others – two police officers and two PCG members – when the incident happened around 8:30 a.m. on May 8 due to rough seas. “We keep on praying for the possible retrieval of his body, taking into consideration the welfare of his family. His children are too young to be away from their father. We commit our utmost support to whatever possible assistance we can extend to his family,” Lim added. The SAR team was composed of the Philippine Coast Guard (PCG), Philippine Navy, Philippine Air Force, and the technical divers from Far East Scuba.center_img Train added that the boat is believed to have sunk to about 215 meters depth./PN “We continue to acknowledge the contributions of Alejandro in maintaining public order and safety in the municipality. His persistent implementation of the Municipal Traffic Ordinance, which lessens motorcycle accidents and protection of minors, is one of his greatest contributions for Caluya. He was popularly known as a strict policeman, and the local government unit had recognized such contribution for he serves as an epitome of a true police officer,” said Lim.For his part, Antique Provincial Disaster Risk Reduction and Management Office chief Broderick Train said the SAR team found the cap of Alejandro floating near Barangay Semirara, Caluya on May 10 – about two to three kilometers away from the area where the convoy motorboat capsized. Search and rescue (SAR) team attempt to find 33-year-old Police Corporal Mark Anthony Alejandro who went missing after his ridden motorboat capsized in the waters of Caluya, Antique on May 8. The SAR operation ended yesterday. DEN DRAPIZA AND JULIO ABULKAYER S COLARINA VII The two PCG personnel and two policemen were immediately rescued.last_img read more

Alexa Romero fans 7 batters in 9-1 win over Notre Dame

first_img Published on March 29, 2019 at 7:52 pm Contact Danny: [email protected] | @DannyEmerman With the bases loaded and two outs, Alexa Romero twisted her hips, brought her hands together above her head and delivered a 1-2 fastball on the outside corner of the plate.“In that moment,” Romero said, “I was just like, ‘Let’s go at her.’”Notre Dame’s MK Bonamy swung and tipped the pitch, but Syracuse catcher Gianna Carideo squeezed the foul ball for the final out of the third inning. Romero released a scream and pointed her glove toward her catcher before they high-fived and returned to the dugout.After escaping the bases-loaded jam, Romero retired the next eight Notre Dame batters to stave off the Fighting Irish long enough for the SU offense to produce. Syracuse (13-18, 3-4 Atlantic Coast) fed off of Romero’s emotion in the circle and rallied to score seven runs in the sixth inning to run-rule Notre Dame (19-11, 3-4), 9-1.“All we ask is that Lex (Romero) gives the offense a chance,” head coach Shannon Doepking said after calling Romero one of the best pitchers in the ACC.AdvertisementThis is placeholder textHitters didn’t even swing on three of Romero’s seven strikeouts. Romero locked up batters with her curveball, which moves toward right-handed hitters and away from lefties. To end the second inning, Romero got Payton Tidd to bite on an elevated rising fastball, another pitch she had command of, Romero and Carideo said.Carideo caught all seven of Romero’s strikeouts, including the foul tip that stranded three base-runners in the third inning. Before that out, Romero allowed her only run of the game off an RBI single from Cait Brooks. At the time, SU had only one hit and trailed 1-0.After several of Romero’s strikeouts, she screamed, which invigorated Syracuse at the plate. She yelled after striking out Katie Marino in the top of the fifth, and again the next inning.“We see her heart and we want to reciprocate it for her,” third baseman Lailoni Mayfield (2-for-3, RBI) said.Syracuse turned the motivation from Romero into runs. In the fifth inning, Alicia Hansen drove a line drive down the third base line to score Gabby Teran from first. SU took a 2-1 later in the inning when Hansen scored from third by blazing down the base path after a groundout to the pitcher.“Basically,” first baseman Alex Acevedo said, “whenever we’re hitting, we know that we need to produce for Lex since she does so much for us.”Pitching with a lead for the first time, Romero took care of the middle of Notre Dame’s lineup in the top of the sixth, fist-pumping after striking out Bonamy for a second time.Then in the bottom of the sixth, Syracuse’s offense exploded for seven runs, which extended its lead to 9-1 and prematurely ended the game. Acevedo, Mayfield, Hansen and Gabby Teran all recorded RBIs.By keeping Notre Dame off the base paths, Romero bought her team enough time to time up Fighting Irish’s pitchers, Doepking said. In total, Romero limited the Fighting Irish — who entered Friday’s game winning 13 of 16 of its previous games — to one run on four hits in six innings.“I think what you got to see is a leader leading this program and stepping up until we could figure it out offensively,” Doepking said. Comments Facebook Twitter Google+last_img read more

BetConstruct to unveil Spring Console at Amsterdam iGaming Super Show

first_img Related Articles Submit Share Share StumbleUpon New Polish poker table in BetGames section for STS July 15, 2020 VBET agrees Armenian Premier League and Armenian Cup sponsorship August 13, 2020 Industry platform and software supplier BetConstruct has announced that it will unveil its ‘industry first’ Spring Console at the upcoming iGaming Super Show (11-14 July, Rai Conference Centre, Amsterdam).BetConstruct’s executive team is set to launch its product to market on 11 July and will host a ‘big reveal’ event at the iGaming Super Show informing existing and potential clients of its Spring Console product and dynamics.At present BetConstruct has been secretive of its new Spring Console features and capabilities. However, issuing a short market update, the platform provides detailed that the console would be a ‘first of its kind’ industry technology, which caters for evolving industry betting and gaming sector needs.“The console, a real game changer in our industry, is another step to more flexibility for both operators and providers,” commented  BetConstruct Executive Chairman Vigen Badalyan.Throughout 2017, BetConstruct leadership has pushed to differentiate its product and services through innovation and new developments.Last May the platform provider detailed a major partner initiative for 2017 stating that it had published its front-end source codes as an ‘open-source function’, with a view of giving its clients significant flexibility and agility over the management of their products and services Nuno Gomes joins BetConstruct and FeedConstruct as brand ambassador June 18, 2020last_img read more