Currency manager Record Plc has booked a lower full year pre-tax profit after implementing a firm-wide pay hike of 10%, also flagging the potential of a special dividend for shareholders going forward.
Record Plc logo Record Plc (LON:REC) declared a dividend on Friday, June 17th. Investors of record on Thursday, June 30th will be given a dividend of GBX 0.83 ($0.01) per share on Wednesday, August 3rd.
Like Premier, Tullow is an excellent operator with a track record of successful delivery. Tullow's West African TEN project is expected to start producing oil in the next three-to-six weeks, on schedule and on budget.
It has also been apparent that house prices are at record highs and the ratio between average house prices in Britain and average homebuyer earnings is running close to six - we haven't seen that since the peak of the debt-fuelled boom during 2007.