This overlooked gem offers a fat yield while waiting for long-term growth [Yahoo! Finance]
LEGAL&GENL GRP PLC S/ADR (LGGNY)
NASDAQ:AMEX Investor Relations:
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Company Research
Source: Yahoo! Finance
A second, consecutive trading update from Hargreaves Services that provides little incremental good news might not sound like much but there is no bad news, either. And this column is more than happy to take that, given its recent travails with Zytronic Resolute Mining S&U and others. Moreover, this column adheres to its view that financial markets are get-rich-slow mechanisms, when they work at their best. And Durham-headquartered Hargreaves Services still looks more than capable of helping here, given the long-term contract revenues, asset backing and dividend yield it provides. Hargreaves Services derives the majority of its revenues from its infrastructure arm, where it provides mechanical and electrical services to major water and electricity utilities, as well as earthmoving and raw materials handling, in the UK, South East Asia and South Africa. The company also has a 9,000-acre bank of brownfield land, which it regenerates and sells to developers for a range of uses, in
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News
- LGT Wealth Management initiates pass-through voting technology [Yahoo! Finance]Yahoo! Finance
- Legal & General Group Plc (OTCMKTS: LGGNY) was upgraded by analysts at The Goldman Sachs Group, Inc. from a "strong sell" rating to a "strong-buy" rating.MarketBeat
- Legal & General Group Plc (OTCMKTS: LGGNY) was upgraded by analysts at UBS Group AG from a "hold" rating to a "strong-buy" rating.MarketBeat
- UK Income Protection Insurance Market Report 2024 with Forecasts of Contracts and Premiums to 2028 [Yahoo! Finance]Yahoo! Finance
- L&G Achieves Record Year in US PRT Business and Completes Largest Canadian Deal to Date [Yahoo! Finance]Yahoo! Finance