| Bunzl PLC (GB00B0744B38) | |||
23,38 GBXStand (close): 03.07.25 |
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| Datum / Uhrzeit | Titel | Bewertung |
| 24.06.25 08:16:32 | Bunzl set for stronger revenues after acquisition deals |  |
| Distribution giant Bunzl has said revenues are set to rise on the back of acquisitions, despite the “uncertain” economic backdrop. The FTSE 100 company saw shares move higher on Tuesday morning as a result. It came as Bunzl also announced its latest acquisition deal to buy Brazilian food packaging business Solupack. The proposed takeover of Solupack, which generated £15 million of revenues last year, will “enhance our offering to customers”, the company said. Bosses at Bunzl said it is “remaining active” regarding more potential acquisitions, following its third takeover deal this year. On Tuesday, Bunzl said revenue for the first half of 2025 is expected to be around 4% higher than the previous year, driven by acquisitions. It added that profit margins are set to be in line with previous guidance of 7%. The update comes two months after the company cut its profit forecast for 2025 and paused its share buyback in the face of tariff pressures on its North American business. Frank van Zanten, chief executive of Bunzl, said: “Alongside a macroeconomic backdrop that remains uncertain, the group is trading in-line with our expectations. “Actions are under way to improve performance in the group, particularly in our largest business in North America and in Continental Europe, and we anticipate improvement in the second half of the year. “The group’s compounding growth strategy and resilient business model underpin Bunzl’s long-term track record of delivery and the group continues to be well placed to navigate periods of macroeconomic uncertainty given our focus on essential products, the depth of our customer and supplier relationships and our sector and geographic diversification.” Richard Hunter, head of markets at Interactive Investor, said: “The savage share price reaction to the profit warning in April left a sour taste in the mouth for investors. “Indeed, the best that can be said for this update is that conditions do not appear to have worsened, with the shares edging higher accordingly.” View Comments |
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| 29.05.25 23:07:23 | David Herro's Strategic Moves: BNP Paribas Reduced by 1.5% | |
| Insights from the First Quarter of 2025 N-PORT Filing David Herro (Trades, Portfolio) recently submitted the N-PORT filing for the first quarter of 2025, providing insights into his investment moves during this period. David Herro (Trades, Portfolio) has been a manager of the Oakmark International Fund (OAKIX) since 1992, the Oakmark International Small Cap Fund (OAKEX) since 1995, and the Oakmark Global Select Fund (OAKWX) since 2006. He is also the Chief Investment Officer for International Equities at Harris Associates, which he joined in 1992. His career honors include being named Morningstar's International Stock Fund Manager of the Year in 2006 and International Stock Fund Manager of the Decade for 2000-09. Mr. Herro has an M.A. in Economics from the University of Wisconsin-Milwaukee (1985) and a B.S. in Business/Economics from the University of Wisconsin-Platteville (1983). His investment philosophy focuses on buying businesses trading at a significant discount to intrinsic value, investing in companies expected to grow shareholder value, and partnering with management teams that act as owners. Warning! GuruFocus has detected 6 Warning Sign with XPAR:BNP.David Herro's Strategic Moves: BNP Paribas Reduced by 1.5% Summary of New Buy David Herro (Trades, Portfolio) added a total of 5 stocks, among them: The most significant addition was Flutter Entertainment PLC (NYSE:FLUT), with 390,700 shares, accounting for 0.67% of the portfolio and a total value of $86,559,590 million. The second largest addition to the portfolio was Asahi Group Holdings Ltd (TSE:2502), consisting of 3,475,700 shares, representing approximately 0.35% of the portfolio, with a total value of ?44,407,520. The third largest addition was Lvmh Moet Hennessy Louis Vuitton SE (XPAR:MC), with 23,600 shares, accounting for 0.11% of the portfolio and a total value of 14,614,960. Key Position Increases David Herro (Trades, Portfolio) also increased stakes in a total of 11 stocks, among them: The most notable increase was KB Financial Group Inc (XKRX:105560), with an additional 2,751,300 shares, bringing the total to 3,153,700 shares. This adjustment represents a significant 683.72% increase in share count, a 1.16% impact on the current portfolio, with a total value of ?170,942,240. The second largest increase was Ashtead Group PLC (LSE:AHT), with an additional 2,377,787 shares, bringing the total to 3,803,900. This adjustment represents a significant 166.73% increase in share count, with a total value of 205,664,490. Summary of Sold Out David Herro (Trades, Portfolio) completely exited 4 holdings in the first quarter of 2025, as detailed below: Story Continues Liberty Global Ltd (NASDAQ:LBTYA): David Herro (Trades, Portfolio) sold all 5,227,791 shares, resulting in a -0.45% impact on the portfolio. Bunzl PLC (LSE:BNZL): David Herro (Trades, Portfolio) liquidated all 411,500 shares, causing a -0.11% impact on the portfolio. Key Position Reduces David Herro (Trades, Portfolio) also reduced positions in 53 stocks. The most significant changes include: Reduced BNP Paribas (XPAR:BNP) by 3,657,884 shares, resulting in a -38.33% decrease in shares and a -1.5% impact on the portfolio. The stock traded at an average price of 69.43 during the quarter and has returned 11.85% over the past 3 months and 37.62% year-to-date. Reduced CNH Industrial NV (NYSE:CNH) by 14,278,300 shares, resulting in a -31.24% reduction in shares and a -1.08% impact on the portfolio. The stock traded at an average price of $12.54 during the quarter and has returned 0.05% over the past 3 months and 13.74% year-to-date. Portfolio Overview At the first quarter of 2025, David Herro (Trades, Portfolio)'s portfolio included 70 stocks. The top holdings included 3.83% in BNP Paribas (XPAR:BNP), 3.67% in Bayer AG (XTER:BAYN), 3.17% in Kering SA (XPAR:KER), 3.01% in CNH Industrial NV (NYSE:CNH), and 2.98% in Continental AG (XTER:CON).David Herro's Strategic Moves: BNP Paribas Reduced by 1.5% The holdings are mainly concentrated in 9 of the 11 industries: Industrials, Financial Services, Consumer Cyclical, Healthcare, Consumer Defensive, Technology, Basic Materials, Communication Services, and Real Estate. This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein. This article first appeared on GuruFocus. View Comments |
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| 21.04.25 06:53:51 | Insider Spends UK£1.1m Buying More Shares In Bunzl | |
| Those following along with Bunzl plc (LON:BNZL) will no doubt be intrigued by the recent purchase of shares by Frank Van Zanten, CEO & Executive Director of the company, who spent a stonking UK£1.1m on stock at an average price of UK£23.27. Aside from being a solid chunk in its own right, the deft move also saw their holding increase by some 17%. Our free stock report includes 3 warning signs investors should be aware of before investing in Bunzl. Read for free now. Bunzl Insider Transactions Over The Last Year In fact, the recent purchase by Frank Van Zanten was the biggest purchase of Bunzl shares made by an insider individual in the last twelve months, according to our records. That means that an insider was happy to buy shares at above the current price of UK£22.88. It's very possible they regret the purchase, but it's more likely they are bullish about the company. To us, it's very important to consider the price insiders pay for shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. In the last twelve months insiders purchased 71.13k shares for UK£1.7m. But they sold 3.00k shares for UK£92k. In total, Bunzl insiders bought more than they sold over the last year. You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. If you want to know exactly who sold, for how much, and when, simply click on the graph below! See our latest analysis for Bunzl LSE:BNZL Insider Trading Volume April 21st 2025 Bunzl is not the only stock insiders are buying. So take a peek at this freelist of under-the-radar companies with insider buying. Insider Ownership Of Bunzl I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Insiders own 0.2% of Bunzl shares, worth about UK£12m. While this is a strong but not outstanding level of insider ownership, it's enough to indicate some alignment between management and smaller shareholders. What Might The Insider Transactions At Bunzl Tell Us? It's certainly positive to see the recent insider purchases. And an analysis of the transactions over the last year also gives us confidence. When combined with notable insider ownership, these factors suggest Bunzl insiders are well aligned, and that they may think the share price is too low. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. For example - Bunzl has 3 warning signs we think you should be aware of. Story Continues Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this freelist of interesting companies. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 16.04.25 16:37:50 | US stocks drop after Nvidia warns over hit from controls on China exports | |
| US stocks moved lower on Wednesday as trader sentiment took a downturn after a warning from artificial intelligent (AI) giant Nvidia that the US was limiting chip exports to China. London’s FTSE was retreating during the day, but made headway later in the afternoon following gains from mining and energy stocks. The index was up 26.48 points, or 0.32%, to close at 8,275.6. Germany’s Dax index also staged a recovery on Wednesday afternoon, gaining 0.27% at the end of the day. France’s Cac 40 was treading water, closing 0.07% lower. US stocks were declining when trading began on Tuesday, with the technology-focused Nasdaq index tumbling about 2%, dragged lower by losses of around 7% for Nvidia. By the time European markets closed, the S&P 500 was down about 1.2%, and the Dow Jones was 0.5% lower. Nvidia told investors on Tuesday evening that it is expecting to face a 5.5 billion US dollar (£4.2 billion) hit from charges relating to a new licence to ship its chips to China, including Hong Kong. The company said it been informed by the US government that it needs a licence to export its H20 AI chip to China. The requirement will be in place for the “indefinite future”, Nvidia said. Tensions between the US and China have been escalating, with the world’s two largest economies steadily increasing tariffs on each other’s goods since Donald Trump raised tariffs on dozens of countries. Russ Mould, investment director at AJ Bell, said the update from Nvidia “marks a new chapter in the escalating tit-for-tat between Washington and Beijing”. He added: “The deteriorating relationship between the two countries means China’s better-than-expected GDP (gross domestic product) figures for the first quarter may not attract too much attention given they cover a period before the Trump administration unleashed its trade policy.” Meanwhile, the price of Brent crude oil soared about 1.6% to 65.70 US dollars per barrel. The pound was continuing to rise against the US dollar, and was up 0.1% to 1.324. However, sterling dropped about 0.8% against the euro, to 1.164.Shares in FTSE 100-listed Bunzl tumbled by more than a quarter (Bunzl/PA) In company news, shares in FTSE 100-listed Bunzl plummeted by more than a quarter after the distributor said it had seen weaker sales in its North American business, and flagged a “significant decline” in its adjusted operating profit. The business, which has its largest market in the US, blamed a “more uncertain macro environment” following the swathe of new tariffs introduced by Mr Trump on goods entering the country. Bunzl said it was ramping up cost-cutting efforts to try and improve its financial performance. Shares in the company were 25.9% lower at close. Story Continues Elsewhere, Britain’s biggest housebuilder Barratt Redrow said its forward home sales were down 10%, compared with the same point last year. Nonetheless, the company said it was on track to complete between 16,800 and 17,200 homes this year, in line with previous forecasts. Shares in the firm closed 2.6% higher. The biggest risers on the FTSE 100 were Endeavour Mining, up 132p to 2,184p, Shell, up 63p to 2,434.5p, AB Foods, up 55p to 2,159p, Barratt Redrow, up 10.9p to 438.6p, and Admiral Group, up 78p to 3,258p. The biggest fallers on the FTSE 100 were Bunzl, down 788p to 2,290p, Diploma, down 136p to 3,824p, Intermediate Capital, down 60p to 1,756p, Informa, down 23.6p to 691.4p, and Melrose Industries, down 13.2p to 419.4p. View Comments |
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| 16.04.25 12:45:49 | Bunzl's (LON:BNZL) Dividend Will Be Increased To £0.538 | |
| Bunzl plc (LON:BNZL) will increase its dividend from last year's comparable payment on the 2nd of July to £0.538. This takes the annual payment to 2.4% of the current stock price, which is about average for the industry. We've discovered 1 warning sign about Bunzl. View them for free. Bunzl's Future Dividend Projections Appear Well Covered By Earnings Solid dividend yields are great, but they only really help us if the payment is sustainable. The last dividend was quite easily covered by Bunzl's earnings. This indicates that quite a large proportion of earnings is being invested back into the business. The next year is set to see EPS grow by 25.8%. If the dividend continues along recent trends, we estimate the payout ratio will be 41%, which is in the range that makes us comfortable with the sustainability of the dividend.LSE:BNZL Historic Dividend April 16th 2025 View our latest analysis for Bunzl Dividend Volatility Although the company has a long dividend history, it has been cut at least once in the last 10 years. The annual payment during the last 10 years was £0.334 in 2015, and the most recent fiscal year payment was £0.739. This works out to be a compound annual growth rate (CAGR) of approximately 8.3% a year over that time. It's good to see the dividend growing at a decent rate, but the dividend has been cut at least once in the past. Bunzl might have put its house in order since then, but we remain cautious. We Could See Bunzl's Dividend Growing With a relatively unstable dividend, it's even more important to see if earnings per share is growing. We are encouraged to see that Bunzl has grown earnings per share at 7.9% per year over the past five years. The company is paying a reasonable amount of earnings to shareholders, and is growing earnings at a decent rate so we think it could be a decent dividend stock. Our Thoughts On Bunzl's Dividend Overall, this is a reasonable dividend, and it being raised is an added bonus. The dividend has been at reasonable levels historically, but that hasn't translated into a consistent payment. The dividend looks okay, but there have been some issues in the past, so we would be a little bit cautious. Investors generally tend to favour companies with a consistent, stable dividend policy as opposed to those operating an irregular one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For instance, we've picked out 1 warning sign for Bunzl that investors should take into consideration. Is Bunzl not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 16.04.25 08:09:00 | Bunzl Shares Hit 4-Year Lows on Guidance Cut, Share-Buyback Pause |  |
| Bunzl cut its guidance for the year and paused its share-buyback program given the uncertain macro environment and resulting margin pressure in its North American business. Continue Reading View Comments |
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| 16.04.25 06:23:10 | UK's Bunzl cuts 2025 outlook, shares tank more than 25% | |
| By Chandini Monnappa (Reuters) -British business supplies distributor Bunzl cut its 2025 forecast and paused its share buyback programme on Wednesday, citing pressure on its North American business, sending shares down 25.7% to a near four-year low. The company said it was excluding from its outlook any potential impact from U.S. tariffs, which have led to dramatic swings in global markets, sparked fears of a recession, and left companies across the globe bracing for a prolonged trade war. Analysts at Peel Hunt placed their estimates on Bunzl under review and said initial indications suggest about a 10% cut to 2025 profit before tax consensus, with a slightly higher impact on earnings due to the suspension of a share buyback. Bunzl said it was pausing its previously announced 200 million pound ($265.40 million) share buyback programme for 2025 for the remainder of this year, after purchasing around 115 million pounds of shares in the year to date. The company said it expects moderate revenue growth in 2025 at constant exchange rates and sees its group operating margin slightly below 8%, down from 8.3% in 2024. Bunzl, a supplier of products from stationery to food packaging, has been balancing sales declines in the U.S. by raising prices for daily-use items. On Wednesday, it said it has seen revenue softness across its North American businesses, which primarily serve food service and grocery customers, resulting in pressure on operating margins. It added that it plans to maintain debt at the lower end of its typical range to preserve financial flexibility. ($1 = 0.7536 pounds) (Reporting by Chandini Monnappa in Bengaluru; Editing by Nivedita Bhattacharjee and Jan Harvey) View Comments |
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| 04.04.25 15:15:52 | The FTSE 100 companies that could come out best after Trump's tariffs | |
| As a day of reckoning plays out in across global markets, some companies listed in the FTSE 100 (^FTSE) will be glad they hedged their bets in the US ahead of US president Donald Trump's sweeping tariff decisions. As widespread so-called "reciprocal tariffs" were brought in by Trump on Wednesday, many companies doing business with the US will be thinking of how to restructure deals and the products they produce. The UK received a comparably more lenient 10% levy, while EU countries face a 20% import tax to the US. Meanwhile, China was slapped with a 34% tariff which it said on Friday it would reciprocate. As countries scramble to renegotiate their terms with one of the world's biggest trading nations, companies are right to be worried. “UK companies selling into the US could see a slowdown in sales if US customers deem goods too expensive under the new tariff regime," said Dan Coatsworth, investment analyst at AJ Bell. Read more: How Trump's tariffs will impact your finances and the UK economy "It means companies need to assess all their options to keep their engines ticking over smoothly and not spluttering." He added: “One way for UK companies to get around tariffs is to build more products in the US. Investing in factories or offices creates jobs for Americans and could bring significant investment to industrial heartlands, something that would please Trump no end." AJ Bell looked into the FTSE (^FTSE)-listed companies with the biggest proportion of their operations in the US. Some UK companies have already planted flags Stateside. There are 20 companies in the FTSE 100 (^FTSE) index with more than 20% of their facilities in the US, according to AJ Bell analysis of Bloomberg data. This suggests that markets might have over-exaggerated the tariff hit to certain stocks. If a big chunk of goods are made and sold on US soil by UK companies, there are no tariffs to pay. International equipment hire company Ashtead (AHT.L) topped the charts, with 90% of its facilities located in the US. Meanwhile food service company Compass (CPG.L) clocked 68% of its sales across the pond. Credit ratings agency Experian (EXPN.L) also collects just under half of its sales from US markets, with 59% of its facilities based in the US. Here's the data: As defence has become increasingly important in recent months, it's notable that BAE Systems' (BA.L) operations are mostly Stateside. Calculations show 59% of its facilities are in the US, with the manufacture of armoured vehicles, ship repair and explosive materials geared to supply the US Department of Defense. Story Continues Meanwhile, approximately two thirds of aerospace tech firm Melrose’s (MRO.L) sales come from America and 29% of its facilities are in the country. Last December Melrose-owned GKN Aerospace opened a $55m repair facility for aero-engine components in San Diego, which was a major financial commitment. It doubles the company’s maintenance, repair and overhaul capacity in the region, AJ Bell added. “The fact many UK companies are already in the States is important on another level. Having an existing presence makes it easier to press the button on adding more, rather than starting from scratch in the country," said Coatsworth. By 3.30pm on Friday in London, the FTSE 100 (^FTSE) was down around 4.7%, with all component parts of the index in decline, according to Yahoo data. The top fallers were mining companies, which are typically vulnerable to trade disputes, and financial services firms and banking stocks. Read more: What Trump's tariffs could mean for UK mortgage rates Will Trump's tariffs change Bank of England's interest rate plan? How and when Trump's tariffs could impact UK inflationDownload the Yahoo Finance app, available for Apple and Android. View Comments |
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| 30.03.25 09:05:59 | Bunzl's (LON:BNZL) Dividend Will Be Increased To £0.538 | |
| Bunzl plc (LON:BNZL) will increase its dividend from last year's comparable payment on the 2nd of July to £0.538. Based on this payment, the dividend yield for the company will be 2.5%, which is fairly typical for the industry. Bunzl's Projected Earnings Seem Likely To Cover Future Distributions We like a dividend to be consistent over the long term, so checking whether it is sustainable is important. The last dividend was quite easily covered by Bunzl's earnings. This means that a large portion of its earnings are being retained to grow the business. Looking forward, earnings per share is forecast to rise by 25.8% over the next year. If the dividend continues along recent trends, we estimate the payout ratio will be 41%, which is in the range that makes us comfortable with the sustainability of the dividend.LSE:BNZL Historic Dividend March 30th 2025 See our latest analysis for Bunzl Dividend Volatility The company's dividend history has been marked by instability, with at least one cut in the last 10 years. Since 2015, the dividend has gone from £0.334 total annually to £0.739. This implies that the company grew its distributions at a yearly rate of about 8.3% over that duration. A reasonable rate of dividend growth is good to see, but we're wary that the dividend history is not as solid as we'd like, having been cut at least once. We Could See Bunzl's Dividend Growing With a relatively unstable dividend, it's even more important to evaluate if earnings per share is growing, which could point to a growing dividend in the future. Bunzl has impressed us by growing EPS at 7.9% per year over the past five years. Earnings are on the uptrend, and it is only paying a small portion of those earnings to shareholders. Our Thoughts On Bunzl's Dividend Overall, it's great to see the dividend being raised and that it is still in a sustainable range. The dividend has been at reasonable levels historically, but that hasn't translated into a consistent payment. Taking all of this into consideration, the dividend looks viable moving forward, but investors should be mindful that the company has pushed the boundaries of sustainability in the past and may do so again. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Meanwhile, despite the importance of dividend payments, they are not the only factors our readers should know when assessing a company. As an example, we've identified 2 warning signs for Bunzl that you should be aware of before investing. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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| 16.03.25 08:48:32 | Bunzl (LON:BNZL) Is Paying Out A Larger Dividend Than Last Year | |
| The board of Bunzl plc (LON:BNZL) has announced that it will be paying its dividend of £0.538 on the 2nd of July, an increased payment from last year's comparable dividend. Based on this payment, the dividend yield for the company will be 2.5%, which is fairly typical for the industry. View our latest analysis for Bunzl Bunzl's Future Dividend Projections Appear Well Covered By Earnings While it is always good to see a solid dividend yield, we should also consider whether the payment is feasible. Based on the last payment, Bunzl was quite comfortably earning enough to cover the dividend. This indicates that quite a large proportion of earnings is being invested back into the business. Over the next year, EPS is forecast to expand by 26.7%. Assuming the dividend continues along recent trends, we think the payout ratio could be 41% by next year, which is in a pretty sustainable range.LSE:BNZL Historic Dividend March 16th 2025 Dividend Volatility The company has a long dividend track record, but it doesn't look great with cuts in the past. The annual payment during the last 10 years was £0.334 in 2015, and the most recent fiscal year payment was £0.739. This works out to be a compound annual growth rate (CAGR) of approximately 8.3% a year over that time. We have seen cuts in the past, so while the growth looks promising we would be a little bit cautious about its track record. We Could See Bunzl's Dividend Growing With a relatively unstable dividend, it's even more important to see if earnings per share is growing. We are encouraged to see that Bunzl has grown earnings per share at 7.8% per year over the past five years. The company is paying a reasonable amount of earnings to shareholders, and is growing earnings at a decent rate so we think it could be a decent dividend stock. In Summary In summary, it's great to see that the company can raise the dividend and keep it in a sustainable range. The payout ratio looks good, but unfortunately the company's dividend track record isn't stellar. This looks like it could be a good dividend stock going forward, but we would note that the payout ratio has been at higher levels in the past so it could happen again. Market movements attest to how highly valued a consistent dividend policy is compared to one which is more unpredictable. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. For example, we've picked out 2 warning signs for Bunzl that investors should know about before committing capital to this stock. Looking for more high-yielding dividend ideas? Try our collection of strong dividend payers. Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. View Comments |
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