High yield opportunities on AIM, including a 10% super yielder!
The recent sell-off has resulted in several AIM small caps now in high yield territory, which we interpret as a dividend distribution equivalent to 4% or greater. It’s important to tread carefully in the world of high yield small caps as these companies are generally considered for their growth prospects rather than dividend distribution which is often the first thing to be cut if times get tough. Nevertheless several stocks covered in our Blog below appear to offer decent growth and income prospects. We have also thrown in a potential super yielder (10%) for good measure. Please use our updated AIMsearch tool for guidance on which AIM companies enjoy the valuable tax benefits.
Amino Technologies (AIM:AMO) is a Cambridge-based provider of digital entertainment solutions for IPTV, Internet TV and in-home multimedia distribution. The Group has lifted its dividend in each of the past 4 years and in its trading update on 3rd December 2015 reiterated its commitment to a progressive dividend policy of no less than 10% growth per annum up to and including the year ending November 2016. Having delivered 5p in the previous financial year the forecast is for 5.50p for the year ending 30th November 2015 which results in a yield of 4.80% at the current share price, covered approx.…