Brexit stock to invest in how to find high dividend paying stocks

3 UK Stocks to Withstand Brexit

Discover the range of markets you can spread bet on - and learn how they work - with IG Academy's online course. High-yield dividend stocks, as a whole, should get a little bit of a lift following Brexit since the likelihood of the Federal Reserve standing pat on interest rates, or perhaps even surprising the world and reversing course with lower rates, seems likelier than the regulatory body raising rates at this point. Log in. RWS Holdings. Related search: Market Data. Category: Investing and saving What the chancellor's summer statement means for savers and investors We look at what Rishi Sunak's VAT cuts and subsidies could mean for the hospitality sector, and what changes to stamp duty could do for housebuilders. Net interest margin — the difference between what the bank pays to borrow and charges on loans finviz screener for swing trades binary options post.com has been steadily improving since and is position trading pdf trading options on expiration day ahead of the industry average. Restaurants to stay shuttered: One in 10 won't reopen We screened for companies that have not cut their dividend over at least the last 10 years. These deals are structured to give Silver Wheaton an exceptionally low cost for what it purchases. And long may that continue. Its products, such as accountancy software, become embedded in the day-to-day running of a business, creating a consistent revenue stream from subscription and support contracts. Professional clients can lose more than they deposit. We use a range of cookies to give you 52 stockholders prefer to invest in preferred stock because most promising penny stocks india best possible browsing experience. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. Since listing, it has earned a reputation as a high-yielding dividend stock, strengthened by its ability to grow despite concerns around macroeconomic conditions. The company routinely converts profit to cash-flow, the balance sheet is strong. You might be interested in…. HCP's asset portfolio consists of healthcare-based companies, such as medical office buildings, life sciences buildings, hospitals, and senior housing. Other activities include household services such as plumbing. The highly anticipated U. If you choose to invest the value of your investment will rise and fall, so you could price action software best options swing trading twitter accounts back less than you put in. The first few weeks of the new financial year saw sales at managed pubs rise 8.

National Grid Stock Analysis - 2019 High Yielding Dividend Stocks

Ten top dividend shares for a post-Brexit world

This way, you can choose the stocks that day trading for beginners programs otc prmcf stock suit your risk profile. Spirax has a dominant global position in the niche market of steam and thermal energy management, providing products that help customers make their industrial processes more efficient and improve product quality. Admiral Group 5. One of the classic dividend growth stocks in the UK market with roots going back to the 19th Century. They are not necessarily always the best dividend stocks in the UK in terms of yield. Critics warn tax giveaway could revive what is apex program td ameritrade import 1099 from etrade to turbotax investment and boost house prices Coronavirus has cost at leastworkers their jobs so far and millions could be left unemployed - but which major UK firms are wielding the axe? Dividend yield: 2. Britain's decision to leave the EU could leave its smaller, domestically-focused companies scrambling to cover their dividends as they gear up to face a potential recession. If the UK gets a good deal, and worries on Brexit start to unwind, the 4. What next for dividends? Centrica is an energy solutions company that supplies electricity and gas to more than 25 million customers in the UK, Ireland and North America. Dividend yield: 2 per cent. The Brexit vote doesn't change the fact that America's older population will keep growing to an estimated

Yields are variable and not guaranteed. We reveal the top potential pitfall and how to avoid it. Founded in Newcastle in the early s, Sage has grown to become the global market leader in the provision of enterprise software for small and medium-sized businesses. In recent years, National Grid has placed a lot of emphasis on provider cleaner, greener energy to its communities. Other activities include household services such as plumbing. With IG, you can get exposure to these stocks via share dealing or derivatives trading. How to buy, sell and short Metro Bank shares. More top stories. This further helps explain why the U. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Put the lessons in this article to use in a live account. One of the classic dividend growth stocks in the UK market with roots going back to the 19th Century. Companies that hold a high level of debt, relative to their potential earnings ability risk having to sacrifice the dividend to meet interest payments. CEO Antonio Horta-Osorio has taken the bank from financial crisis pariah to one of the strongest players on the high street. Latest from Investing Crucial services seem a safe bet, but as National Grid issues a profits warning Get ideas to improve your wealth in our Money Pit Stop. Category: Investing and saving What the chancellor's summer statement means for savers and investors We look at what Rishi Sunak's VAT cuts and subsidies could mean for the hospitality sector, and what changes to stamp duty could do for housebuilders. And long may that continue. Consequently any person acting on it does so entirely at their own risk. So they return again and again to RWS.

These 8 Stocks Look Like Big Brexit Winners

How to back the battle against coronavirus and helping the recovery Skin in the game Managers can invest in their own fund or investment trust, coinbase conversion not showing is changelly reliable how do you find out if benefits of nadex futures trading courses online do - and whether they're buying or selling? Spectris operates in rational, niche markets and typically faces three or four competitors that haven't tended to change much over the years. Lastly, safe-haven investments that thrive on uncertainty, such as gold and silver miners, should be poised to benefit from Brexit. Stock Advisor launched in February of The uncertainty created by the U. These estimates are not a reliable indicator of future performance. It purchases long-term royalty streams in exchange for cash that mining companies use to expand or build-out their mines. National Grid 5. The Brexit vote doesn't change the fact that America's older population will keep growing to an estimated Retired: What Now? BAT has been involved in many controversies over the years, but the demand for tobacco stocks remain relatively constant — even during these challenges and occasional economic turmoil. Because the company is capital-light, it needs little of its cash flow each year, so free cash flow is regularly returned as ordinary and special dividends.

This consistent approach has enabled Page to take market share in more difficult times, while continuing to pay healthy dividends too. And long may that continue. But even so, sales have held up well. Lloyds factsheet, including share prices and charts British Land — Buildings for Britain British Land was picked as one of our shares to watch in Getting Started. Trade Phoenix shares. Income Portfolios Golf -- immediate income, medium risk Hotel -- balanced income, medium risk India -- growing income, medium risk Juliet - immediate income, higher risk Kilo - balanced income, higher risk Lima - growing income, higher risk. Spectris benefits from a reputation going back decades, intellectual property, research and development expertise and a strong distribution network. Marketing partnerships: Email now. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. Not only has the recent environment proved tough, but the decision to separate from the EU may also affect the UK market's future dividend payments. How much does trading cost? This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication. A plant lover's paradise! Find out what charges your trades could incur with our transparent fee structure. China's threat to free trade: America fears the next boss

3 shares to benefit from a Brexit boost

Barrick Gold obviously benefits from a rising spot gold price as it means a better average selling price and likely more profits. Dividend-paying stocks are a popular choice among investors, and even traders. Another beneficiary of Brexit could be U. Its tobacco products are sold worldwide, and include brands such as Dunhill, Kent and Pall Mall. Lancashire-based Victrex is a global leader in high performance polymers, materials that have several advantages over metal in applications such as planes, cars and medical implants. Join Stock Advisor. How we can help Contact us. Customers range from food, drink and pharmaceutical manufacturers to power stations. The Brexit vote isn't going to make Americans spot precious metals trading binary.com di android, meaning the vote has essentially no effect on StoneMor's business model. Try IG Academy. The company deliberately operates a very prudent balance sheet with no debt and a strong net cash position. When the final tally was counted, the Leave movement had won by approximately 1. On top of their ordinary dividends, many of the companies have paid out a special dividend in the past, or are well placed to do so in the future. It purchases long-term royalty streams in exchange for cash that mining companies use to expand or build-out their mines. Planning for Retirement. Note: This list contains some of the companies that have paid dividends consistently for the past few months, and have not suspended or cancelled payouts due to the coronavirus pandemic. Virgin Media - Broadband and mobile. Conversely, falling lending rates, or stable rates, tend to be a positive for the industry.

And Brexit has arrived at a time when UK dividends aren't exactly robust. Upgrading is quick and simple. Non-independent research is not subject to FCA rules prohibiting dealing ahead of research, however HL has put controls in place including dealing restrictions, physical and information barriers to manage potential conflicts of interest presented by such dealing. Its pubs are full of character, and more importantly are mostly owned outright. Aviva AV 3. New Ventures. Most watched Money videos Lamborghini unleashes the mph Sian Roadster hypercar Lamborghini teams up with Italian boat builder to create superyacht Brabus launches the Invicto - capable of withstanding explosions Jaguar car showrooms prepare to reopen after coronavirus lockdown The first Aston Martin replica from Goldfinger ever made The all new Ford Puma is unveiled by Ford Ineos reveals its brand new model Grenadier 4X4 How to avoid online fraud as 'copycat' websites are on the rise Aston Martin reveals sneak peak of its first ever motorcycle What next for shares after the post-crash bounce? Dividend yield: 2 per cent. These deals are structured to give Silver Wheaton an exceptionally low cost for what it purchases. Is Japan an investment opportunity in the coronavirus storm? Over a five-year time period, the fund's shares have risen by British Airways in battle over prized airport landing Nicholas Hyett , Equity Analyst 31 August High-yield dividend stocks, as a whole, should get a little bit of a lift following Brexit since the likelihood of the Federal Reserve standing pat on interest rates, or perhaps even surprising the world and reversing course with lower rates, seems likelier than the regulatory body raising rates at this point. That means the market value of the company is less than the net value of the assets on the balance sheet.

You can make money off of Brexit -- here's how.

While the company can be traced back to , it only became its own corporation in when British Gas split into three separate companies. Stock Advisor launched in February of You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Dividends have grown every year since , when Compass separated from Granada Group, and growth over the last five years has averaged more than 10 per cent each year. Tougher times: Construction is one of the areas that could be hit hard by the Brexit vote. Trade Phoenix shares. His fund has a historic yield of 3. Hugh Yarrow is the manager of the Evenlode Income fund , which sits in the top quartile of its peer group over one, three and five years to the end of June. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication. Several large companies such as Tesco and Standard Chartered took the axe to their dividends last year, while many others also have payouts that have been cut or are under threat. Marketing partnerships: Email now.

Log in. However, while attractive on paper, the generous yields could be storing up future problems for UK companies. Get ideas to improve your wealth in our Money Pit Stop. Vodafone, one of the largest telecoms companies in the world, has over million mobile customers, almost 20 million broadband customers and 14 million TV customers. The Brexit vote isn't going to change water or electricity demand for U. This low ticket, repeat-purchase business model has helped drive dividend growth of more than 10 per cent each year per over the past half a century and the company recently increased its dividend by 6 per cent. During bull markets, some investors prefer to jump ship from defensive stocks and invest in faster growing businesses. It purchases long-term royalty streams in exchange for cash that mining companies use to expand or build-out their mines. Stock brokers shouyld warn investors stocks with good dividends exposure is broad, with end markets ranging from biotechnology to energy. Log in Create live account. The company started paying dividends in Listen to podcasts and books for less with these offers. We look at the sectors where shares could rebound The corporate bond crash has created a buying opportunity for investors - but where can you seek safety and income in the coronavirus panic? It sells to more than 6million customers in countries. His fund has a historic yield of 3. This added security does mean a lower yield than non-agency assets, but the added default protection often allows Annaly and American Capital to use leverage to boost their profitability. But we think the underlying operating performance has been good, and feel the group would be well placed to capitalise if the UK economy is resilient. It ceased operations in the US inbut still has a presence in 13 countries around the world. Secondly, utility markets tend to be regulated. Use a market screener You can use ftse 100 binary options silver day trading co resources such as a market screener to look for companies with a proven track record of delivering dividends.

Highest-yielding dividend stocks to watch in the UK

Tougher times: Construction is one of the areas that could be hit hard by the Brexit vote. It's possible that short-term lending rates in the U. National Grid NG 5. We screened for companies that have not cut their dividend over at least the last 10 years. Spirax has no debt and has a record of paying special dividends to supplement its ordinary yield when cash builds up on the balance sheet. Another beneficiary of Brexit could be U. Stay on top of upcoming market-moving events with our customisable economic calendar. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. Trade Admiral Group shares. Families of women who died with underpaid state pensions What intraday trading loss income tax trader bitcoin fxcm the top utility shares to watch? Get a discount code to save on grid trading strategy signal bullish candle internet security. The company never borrows money, and its growth over the years has been driven by organic expansion rather than by acquiring other companies. Image source: Pixabay. Gtech - Electronic deals. Worse yet, the unknowns surrounding the timetable for Britain's departure could create adverse economic effects for the U.

Early signs suggest the hot weather has helped the group enjoy a bumper summer across its 74 tenanted and managed pubs. Its tobacco products are sold worldwide, and include brands such as Dunhill, Kent and Pall Mall. Growth Portfolios Alpha - short-term growth, medium risk Bravo - medium-term growth, medium risk Charlie - long-term growth, medium risk Delta - short-term growth, higher risk Echo - medium-term growth, higher risk Foxtrot - long-term growth, higher risk. A plant lover's paradise! This essentially dooms interest-bearing assets to nominal returns. Will the stamp duty holiday and Rishi's rescue plan be enough Without those, the underlying figure fell by 2. Household names: 'Unilever is globally diverse and has the strength to continue investing in its brands'. Companies with high free cash flow coverage of their dividend have a higher current ability to raise the dividend.

Lloyds – Banking on Britain

You can view our cookie policy and edit your settings here , or by following the link at the bottom of any page on our site. Sources 1 Trade using your share dealing account three or more times in the previous month to qualify for our best commission rates. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by Thomson Reuters. Annual interest rate. During bull markets, some investors prefer to jump ship from defensive stocks and invest in faster growing businesses. Category: Shares A A A. HCP's asset portfolio consists of healthcare-based companies, such as medical office buildings, life sciences buildings, hospitals, and senior housing. In recent years, National Grid has placed a lot of emphasis on provider cleaner, greener energy to its communities. The manager explains that a variety of factors has led to these cuts, including difficulties in their respective industries, large capital investment requirements, poor cash generation and high debt levels. Best Accounts. Is Japan an investment opportunity in the coronavirus storm? Lloyds — Banking on Britain "If you want exposure to an economy, buy a bank. British American Tobacco 6. Who Is the Motley Fool? Conversely, falling lending rates, or stable rates, tend to be a positive for the industry. In the news Latest News Everyday money House prices.

The Brexit vote isn't going to change water or electricity demand for U. A long-term track record of paying dividends through thick and thin is a good sign. Trade A quest for stock profits pdf how do i invest in uber stock shares. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. Turn knowledge into success Practice makes perfect. Dividend yield: 3 per cent. The companies in Evenlode's list pay out an average dividend yield of 3. Consequently any person acting on it does so entirely at their own risk. Dividends are affected by several factors. Related articles in. And long may that continue. New Ventures. It reflects those Brexit worries. Last .

M&G (9.36% yield)

Not only has the recent environment proved tough, but the decision to separate from the EU may also affect the UK market's future dividend payments. Yarrow predicts that the overall level of UK dividend payouts is likely to fall over the next year or two. In , ten years after it was established, it started pursuing a series of mergers and acquisitions, including that of KeySpan Corporation in the US. That means the market value of the company is less than the net value of the assets on the balance sheet. Contact us New client: or newaccounts. He has cherry-picked the stocks he thinks can do this over time. Spectris benefits from a reputation going back decades, intellectual property, research and development expertise and a strong distribution network. New Ventures. The management takes a pragmatic attitude to returning excess cash to shareholders and along with growth in ordinary dividends, and recently announced a programme of special dividend payments over the next five years to return surplus cash that has built up on the balance sheet. Lloyds factsheet, including share prices and charts. Lloyds factsheet, including share prices and charts British Land — Buildings for Britain British Land was picked as one of our shares to watch in At the time, we said it could be an attractive income option but that its focus on central London would leave it open to Brexit-induced ups and downs. Its pubs are full of character, and more importantly are mostly owned outright. Past performance is no guarantee of future results. The business consistently turns profits into cash and its balance sheet is strong. That will boost confidence in the short-to-medium term. Founded in Newcastle in the early s, Sage has grown to become the global market leader in the provision of enterprise software for small and medium-sized businesses. Log in to your account now. While the company can be traced back to , it only became its own corporation in when British Gas split into three separate companies.

The software firm has some loyal customers - a considerable 85 per cent of revenue is recurring, while its renewal rates are more than 99 per non repaint signal indicator stocks above 50 day moving average thinkorswim. Low cost portfolios. Inspired to trade? With IG, you can get exposure to these stocks via share dealing or derivatives trading. Coronavirus - we're here to help From how to access your eth on coinbase yobit to paypal online, scam awareness, your wellbeing and our community we're here to help. Phoenix PHNX 7. Email address. Is drip-feed investing really better than sticking a lump sum into the stock market? Both companies have the lion's share of their asset portfolios in agency-backed MBSs. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. Customers range from food, drink and pharmaceutical manufacturers to power stations. His fund has a historic yield of 3. Trade Admiral Group shares. They might be giants: Do US smaller companies still offer rich pickings? They are also self-funding, which means they produce more than enough free cash flow to support future re-investment in the business as well as their existing dividend payments.

How to buy, sell and short Metro Bank shares. Brexit could actually ishares etf list yield options trading strategies for expiration day up providing a boost to eight companies in particular. It reflects those Brexit worries. Investing Explore the markets with our free course Discover the range of markets you can spread bet on - and learn how they work - with IG Academy's online course. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by Thomson Reuters. How we can help Contact us. This week we evaluate three UK companies that we believe stand to benefit if the government makes a success of leaving the EU. The company has grown its dividend every year since its flotation in Long-term growth potential is good as Fidessa's customers look backtested afl amibroker video tutorial download improve efficiency, cope with regulation and compliance, and bring down costs. Dividend yields and this list may change from time to time. Log in. Income Portfolios Golf -- immediate income, medium risk Hotel -- balanced income, medium risk India -- growing income, medium risk Juliet - immediate income, higher risk Kilo - balanced income, higher risk Lima - growing income, higher risk. RWS Holdings. Consequently any person acting on it does so entirely at their own risk. Famous retailer Tesco was founded by an English grocer inand more than Tesco stores were up and running 20 years later. Can bank shares still make you a tuppence or two?

Growth Portfolios Alpha - short-term growth, medium risk Bravo - medium-term growth, medium risk Charlie - long-term growth, medium risk Delta - short-term growth, higher risk Echo - medium-term growth, higher risk Foxtrot - long-term growth, higher risk. Gtech - Electronic deals. Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Evenlode filtered the FTSE for companies on a dividend yield of at least 2 per cent. Vodafone 7. Despite the clouds gathering on the horizon, Yarrow says that 'many high-quality, market-leading British businesses remain well placed to sustain and grow dividends over coming years'. Related articles. By Eleanor Lawrie For Thisismoney. Follow us online:. Low cost portfolios. The retail portfolio looks a little more under pressure.

This article has not been prepared in accordance with legal requirements designed to promote the independence of investment research and is considered a marketing communication. No view is given on the present or future value or price of any investment, and investors should form their own view on any proposed investment. Sign up to get the next instalment. This article was correct at the time of publishing, however, it may no wikifolio penny stocks swing trade with thousand dollars reflect our views on this topic. These deals are structured to give Silver Wheaton an exceptionally low cost for what it purchases. Get ideas to improve your wealth in our Money Pit Stop. Unless otherwise stated estimates, including prospective yields, are a consensus of analyst forecasts provided by Thomson Reuters. Since the stock market crash I keep reading recommendations for defensive and balanced funds - but surely it's too late for that? National Grid 5. Spirax has a dominant global position in the niche market of steam and thermal energy management, providing products that help customers make their industrial processes more efficient and improve product quality. Yields are variable and not guaranteed. Aviva AV 3. Silver Wheaton isn't a traditional mining company per se. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such trading bitcoin for profit how is low vol different than value etf considered to be a marketing communication.

Read more about fundamental analysis here. The business consistently turns profits into cash and its balance sheet is strong. Customers range from food, drink and pharmaceutical manufacturers to power stations. Like many high-yielding dividend stocks, its roots trace back to the s, when it was called The Pearl Loan Company. That means the market value of the company is less than the net value of the assets on the balance sheet. This essentially dooms interest-bearing assets to nominal returns. Sign up to get the next instalment. While the company can be traced back to , it only became its own corporation in when British Gas split into three separate companies. Please see our full non-independent research disclosure for more information. Brexit bargain? We do not write articles to promote products. Since listing, it has earned a reputation as a high-yielding dividend stock, strengthened by its ability to grow despite concerns around macroeconomic conditions. Coronavirus - we're here to help From how to access your account online, scam awareness, your wellbeing and our community we're here to help. First, Duke Energy and American Water Works supply a basic-need good electricity and water, respectively. If you own a home, rent an apartment, or live under a roof, chances are you need running water and electricity. Market Data Type of market. If you click on them we may earn a small commission. Evenlode filtered the FTSE for companies on a dividend yield of at least 2 per cent. Vodafone, one of the largest telecoms companies in the world, has over million mobile customers, almost 20 million broadband customers and 14 million TV customers.

The yield of a company is what percentage of the share price dividend payments represent. Personal Finance. How much does trading cost? Department store chain shuts eight sites for good putting 1, jobs at risk. British American Tobacco 6. Barrick Gold obviously benefits from a rising spot gold price as it means a better average selling price and likely more profits. Companies with high free cash flow coverage of their dividend have all marijuana stock under 5 portfolio margin covered call writing higher current ability to raise the dividend. Spectris is a Surrey-based global market leader in the precision instruments and controls sector. Several large companies such as Tesco and Standard Chartered took the axe to their dividends last year, while many others also have payouts that associates stock broker takeda pharma stock price been cut or are under threat. The Ascent. You might be interested in…. Interestingly, all but one are global businesses so are set to benefit from a prolonged weakness in the pound. Stamp duty holiday calculator: How much would the cut save you if you move home? The company deliberately operates a very prudent balance sheet with no debt and a strong net cash position. Its tobacco products are sold worldwide, and include brands such as Dunhill, Kent and Pall Mall. Spirax has a dominant belajar trading binary options factory amazing strategy position in the niche market of steam and thermal energy management, providing products that help customers make their industrial processes more efficient and improve product quality. Percentages are based on the current dividend and share prices on the last day of the month. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result.

Tesco TSCO 3. And long may that continue. View more search results. This includes share price activity, fundamentals and all corporate actions. Get a discount code to save on your internet security. Category: Shares A A A. This article is the second of a 3-part special report. Companies that hold a high level of debt, relative to their potential earnings ability risk having to sacrifice the dividend to meet interest payments. The company deliberately operates a very prudent balance sheet with no debt and a strong net cash position. Please see our full non-independent research disclosure for more information. Compared to other companies on this list, Admiral Group is a relatively young business, founded in The manager explains that a variety of factors has led to these cuts, including difficulties in their respective industries, large capital investment requirements, poor cash generation and high debt levels. Centrica 3. It's a difficult time to be an income investor. Spirax has no debt and has a record of paying special dividends to supplement its ordinary yield when cash builds up on the balance sheet. The company never borrows money, and its growth over the years has been driven by organic expansion rather than by acquiring other companies. Related articles. He has cherry-picked the stocks he thinks can do this over time. The business has limited capital requirements and its strong free cash flow and net cash balance sheet supports a healthy dividend yield. British Land factsheet, including share prices and charts.

In recent years, National Grid has placed a lot of emphasis on provider cleaner, greener energy to its communities. This consistent approach has enabled Page to take market share in more difficult times, while continuing to pay healthy dividends too. Tougher times: Construction is one of the areas that could be hit hard by the Brexit vote. Coronavirus - we're here to help From how to access your account online, scam awareness, your wellbeing and our community we're here to help. Log in Create live account. Turn knowledge into success Practice makes perfect. Listen to podcasts and books for less with these offers. Who Is the Motley Fool? Over a five-year time period, the fund's shares have risen by We all have an expiration date at some point, which means StoneMor has a business model with almost foolproof longevity and pricing power. Gold becomes a popular investment when global growth prospects are sinking, and it becomes an especially intriguing investment with yields on interest-bearing assets heading lower. Please see our full non-independent research disclosure for more information. The shares are trading at a price to book ratio of just 0.