ReallyVeryFoolish wrote: Is it a rare rough diamond or a potential dividend cutting dog in a gem's clothing?
http://tools.morningstar.co.uk/uk/stock ... E%24%24ALL
Its price almost halved in June and has stayed around the same level since.
This stemmed from a profit warning, it would seem
https://www.proactiveinvestors.co.uk/co ... 23029.html
https://www.theguardian.com/business/20 ... t-forecast
If they maintain the dividend, but do not have the profitability to justify it, the share price is likely to suffer anyway. They've had contracts cancelled and postponed. If the Company is being manage prudently, they would reflect those losses in the dividend.
They've cut the interim already from 5.15p to 3.80p. In previous years they had always increased it.
https://www.hl.co.uk/shares/shares-sear ... /dividends