Stunning results | Big dividend payers | Derisory margins
News covered here includes our coverage of fabulous results from a beneficiary of the soaring gold price, although thankfully it has other strings to its bow. Elsewhere, we also cover news from two high yielding companies, highlighting the importance of dividends when assessing long-term performance from an investment. Read on here for our usual forthright opinions.
Those interested in big dividend paying companies on AIM, several of which are covered here, should also take a look at our AIM for High Yield Portfolio here. Onto our thoughts on the latest news....Ramsdens: stunning results Ramsdens (AIM:RFX), the diversified financial services provider and retailer, announced stunning interim results and a big increase in the dividend as it continues to benefit from the soaring gold price. For the six months to the end of March revenue increased by 18% to £51.6m, gross profit was 20% higher at £27.1m and pre-tax profit up a whopping 54% to a record £6.1m. Basic earnings per…