|Bid||1,435.00 x 0|
|Ask||1,410.00 x 0|
|Day's Range||1,435.00 - 1,462.68|
|52 Week Range||1,148.00 - 1,663.00|
|Beta (5Y Monthly)||0.66|
|PE Ratio (TTM)||10.78|
|Earnings Date||Mar 10, 2020|
|Forward Dividend & Yield||0.66 (4.51%)|
|Ex-Dividend Date||Oct 10, 2019|
|1y Target Est||1,557.64|
The transaction is a one year revolving cash securitisation of agreements entered into for the purpose of financing vehicles to obligors in the United Kingdom by Close Brothers Limited. This is the third public securitisation transaction sponsored by CBL in the United Kingdom. The originator will also act as the servicer of the portfolio during the life of the transaction.
Today we'll take a closer look at Close Brothers Group plc (LON:CBG) from a dividend investor's perspective. Owning a...
Moody's has not assigned ratings to the Subordinated Notes of GBP , which are also expected to be issued at closing of the transaction. The transaction is a one year revolving cash securitisation of agreements entered into for the purpose of financing vehicles to obligors in the United Kingdom by Close Brothers Limited ("CBL"), (Aa3/P-1 Deposits; Aa2(cr)/P-1(cr)). CBL is a wholly owned subsidiary of the Close Brothers Group plc rated A3.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Close Brothers Limited and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Moody's Investors Service ("Moody's") today took rating actions on 15 UK banks and building societies. The action reflects Moody's view that the operating environment is likely to weaken, given deteriorating institutional capacity and commitment to fiscal discipline in the UK, together with a worsening economy. This follows the change in outlook on the UK sovereign debt rating to negative from stable, which the rating agency announced on 8 November 2019 (Moody's changes outlook on UK's rating to negative from stable, affirms Aa2 rating; https://www.moodys.com/research/--PR_396604).
We wouldn't blame Close Brothers Group plc (LON:CBG) shareholders if they were a little worried about the fact that...
Dividend paying stocks like Close Brothers Group plc (LON:CBG) tend to be popular with investors, and for good reason...
By buying an index fund, you can roughly match the market return with ease. But many of us dare to dream of bigger returns, and build a portfolio ourselves. Just take a look at Close Brothers Group plc (LON:CBG), which i...