AIM for High Yield : Sustainably big dividends
Excellent full year results and strong cash flow support a big increase in the dividend from this well-established AIM company, with its roots in19th century. Shareholders should continue to see some big dividend payments over the coming years, as you can discover here. (IHT qualifying)
This well-established AIM company, a constituent of our ‘AIM for High Yield portfolio', has changed activities several times over its 150 year history, but the current focus could possibly bring the biggest rewards for shareholders. The latest results were certainly impressive, bringing plenty of cash to support a big increase in the dividend. A re-instated share buyback programme should also provide further support for the share price in the short term. The company's management clearly think the shares are undervalued and it’s hard to disagree with them, as we consider below. M.P. Evans Group (AIM:MPE), is a producer of sustainable Indonesian…