KKR agrees to buy Spectris in $6.5 billion deal, tops Advent offer
Spectris said its board has decided to withdraw its recommendation of Advent's 4.4-billion-pound offer in favour of the higher bid from KKR.
($1 = 0.7281 pounds)
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Be Sure To Check Out Delticom AG (ETR:DEX) Before It Goes Ex-Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Delticom AG (ETR:DEX) is about to trade ex-dividend in the next 3 days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. In other words, investors can purchase Delticom's shares before the 10th of July in order to be eligible for the dividend, which will be paid on the 14th of July. The company's next dividend payment will be €0.12 per share, on the back of last year when the company paid a total of €0.12 to shareholders. Based on the last year's worth of payments, Delticom has a trailing yield of 4.8% on the current stock price of €2.49. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to investigate whether Delticom can afford its dividend, and if the dividend could grow. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. That's why it's good to see Delticom paying out a modest 44% of its earnings. Delticom paid a dividend despite reporting negative free cash flow over the last twelve months. This may be due to heavy investment in the business, but this is still suboptimal from a dividend sustainability perspective. View our latest analysis for Delticom Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings fall far enough, the company could be forced to cut its dividend. That's why it's comforting to see Delticom's earnings have been skyrocketing, up 56% per annum for the past five years. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Delticom's dividend payments per share have declined at 7.1% per year on average over the past 10 years, which is uninspiring. It's unusual to see earnings per share increasing at the same time as dividends per share have been in decline. We'd hope it's because the company is reinvesting heavily in its business, but it could also suggest business is lumpy. Is Delticom an attractive dividend stock, or better left on the shelf? When companies are growing rapidly and retaining a majority of the profits within the business, it's usually a sign that reinvesting earnings creates more value than paying dividends to shareholders. This strategy can add significant value to shareholders over the long term - as long as it's done without issuing too many new shares. In summary, Delticom appears to have some promise as a dividend stock, and we'd suggest taking a closer look at it. While it's tempting to invest in Delticom for the dividends alone, you should always be mindful of the risks involved. To help with this, we've discovered 3 warning signs for Delticom that you should be aware of before investing in their shares. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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Law firm buys out company taking turnover to £40m
A LAW firm which has offices in Stourbridge, Halesowen, Dudley, Kidderminster and Bewdley has bought out a company in an expansion move. Talbots Law, which already operates across the Black Country, Kidderminster, Bewdley, Birmingham, Coventry and Shropshire, has acquired Tinsdills Solicitors as part of its strategic growth plan to broaden its geographic reach and enhance its client offering. Talbots, which was founded in 1828, is one of the fastest-growing law firms in the Midlands, with over 500 staff located in nineteen offices. It became an employee-owned firm in 2021. The acquisition will see around 85 staff join Talbots Law, with offices in Leek, Newcastle-under-Lyme, Sandbach and Stoke-on-Trent becoming part of the Talbots network. This move brings together two of the region's most respected and long-established legal firms, creating a powerful partnership committed to delivering a full spectrum of legal services to individuals and businesses across the Midlands and beyond. Dave Hodgetts, CEO of Talbots Law said: 'Since becoming an Employee-Owned Trust (EOT) in 2021, we've been focused on both organic and acquisitive growth to accelerate our presence. 'This deal takes our combined turnover to over £40m turnover and expands our footprint to 19 offices. 'North Staffordshire and Cheshire have long been 'target' areas for us, and there are few firms as respected as Tinsdills Solicitors whose roots date back to 1580. "The decision to join forces was easy - our values align, and we share a deep commitment to supporting local people and businesses. Tinsdills' client service is ranked as top 15 nationally on Review Solicitors, which speaks volumes.' All existing staff will continue to serve clients from their current offices, ensuring a smooth transition. Peter Hamilton, Business Owner and Chairman of Tinsdills Solicitors said: "We're excited to be joining Talbots Law,' said Peter Hamilton, Business Owner and Chairman of Tinsdills Solicitors. 'While our name will retire, this move allows us to build on our legacy and embrace new opportunities for growth and enhanced client service.' He concluded: 'Our clients can be rest assured that the trusted relationships they have built with our team will remain – now backed by the strength and shared values of an employee-owned firm.'
