Appealing dividends | Big director buying
News covered here incudes our assessment of encouraging interim results from Fevertree Drinks – one Director is clearly comfortable, acquiring a large number of shares following the announcement. Elsewhere, shares in a popular supplier of colour cosmetics tumbled on a disappointing update – a 5%+ dividend yield might start to attract some buyers. Read on here for our usual forthright assessment of this and other news.
Nexteq: results in-line Nexteq (AIM: NXQ), the technology solutions provider, notably to the Gaming sector, announced in-line interim results. This business remains awash with cash and is therefore well-placed to support its innovation drive. For the six months to 30 June 2025 Group revenue fell 16% to $40.7m. It’s Quixant business saw revenues fall 13% to $26.9m, while revenues at Densitron fell 20% to $13.8m. The results statement made a point of highlighting how Nexteq is a product development business with “the spirit of innovation at the core of our DNA”. Following the significant reorganisation of the business in the…