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Dividend diamonds: our income stocks continue to deliver solid results

19/11/2019 · BAE SYSTEMS (BA.)  · Hikma (HIK)  · Land Securities (LAND)  · Tate & Lyle (TATE) 

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The autumn company results season is now in full flow. Four more of our income picks have issued market updates over the last couple of weeks. In this piece we'll revisit each of these companies and update our views in the light of the latest figures.

Tate & Lyle: sweet news

Tate & Lyle (LON: TATE) shares jumped 5% after the firm's half-year results revealed strong sales growth in the group's ingredient business, and good progress with a $100m cost cutting plan.

Tate's Food & Beverage Solutions division which provides ingredients to cut fat, sugar and salt from products, while preserving taste and texture seems to be benefiting from demand for healthier products. Sales from this division rose by 7.9% to £478m…

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