While small-cap stocks, such as MacFarlane Group plc (LSE:MACF) with its market cap of USD $104 Million, are popular for their explosive growth, investors should also pay heed to their balance sheet to judge whether the company can survive a downturn.
The experienced portfolio director and corporate financier is currently chair of Macfarlane Group plc and sits on the board of the Scottish Futures Trust (SFT) and the Court of the University of Glasgow among a number of organisations.
Crucially, Lord Lee sees the dividend as a key factor in driving the company's performance. He explains: “The payment of a dividend acts as a significant discipline on the Board of a PLC in that it has to find the cash, each year, to pay those dividends.”.
“Let's face it, this is a war, but it's on a new front. They're a hidden enemy, operating behind the scenes and inside our organisations, our devices, and they're incredibly difficult to detect and to punish,” said Barclays' Chairman John McFarlane.
Welcome to the week ahead, our summary of the forthcoming key company announcements. Companies are no longer obliged to notify the London Stock Exchange (LSE) of results and trading updates, so this list does not claim to be comprehensive.