JohnyCash
28 Feb 2017
Re: Results !! Taylor Wimpey builds on bumper dividend with 'very strong' start to 2017(ShareCast News) - As it posted largely pre-announced annual results, Taylor Wimpey said it had made a "very good" start to 2017 and suggested the UK housing market will remain supportive for its bump dividend programme for some time.With the market having stabilised quickly after the Brexit referendum, the first weeks of 2017 to 19 February have seen net private sales increase to a very strong 0.91 compared to 0.77 in the equivalent period last year.The FTSE 100 company's total order book value of £1.98bn is roughly flat, being about 49% forward-sold for private completions.Management expects underlying building costs to increase at a similar level to last year, around 3-4%.For 2016, revenue was declared at £3.68bn, a rise of 17.1%, with operating profits up 20% to £764.3m and adjusted profit before tax rising 21.5% to £733.4m.The consensus forecast was pointing towards PBT of £731m.As already announced, an ordinary dividend of roughly £150m and a £300m special dividend will be paid to shareholders in July, given shareholder approval, equating to 13.8p per share."In 2016 we delivered an excellent performance set against an uncertain political and economic environment that stabilised in the final quarter," chief executive Pete Redfern said."The outlook for 2017 is for ongoing stability and incremental price growth, which is a healthy backdrop for our business and our customers."On the outlook, the company observed that the early signs of stability and resilience of the market following the EU referendum had continued and it believes the risk of material impact from this in the short term has significantly reduced."In line with our strategy, we will continue to closely monitor market risks, particularly around long term mortgage cost. However we believe that a cautiously regulated market and low interest rate environment is likely to prolong the period of stability that we are seeing in the UK housing market," it said.
JohnyCash
28 Feb 2017
Results !! Outstanding performance. Great set of numbers. A really sound investment !!Dividend of 13.8p payable through 2017.Lovely Jubley............JC
fitcontroller
27 Feb 2017
Re: Article 50 I am staying in. I have these, and BKG, and PSN, and BDEV. serious divis and lots of upside.
Junk it
27 Feb 2017
Article 50 I get the feeling that as we approach the triggering of Article 50 UK markets will wobble and House Builders will be the hardest hit. I am considering selling and buying back in on the dip. Any views?
Dave the Tyke
27 Feb 2017
Re: Big day tomorrow !! If the dividend goes up at the same rate as that of the price increases on the new homes on their estates where I live we are in for a lovely day tomorrow
JohnyCash
27 Feb 2017
Big day tomorrow !! Good luck everybody !Big fat dividend on the way.........JC
millwallfan
23 Feb 2017
Re: Results and dividend Johngeoff. Thank you.
NickDog
23 Feb 2017
Re: Dividend Yield Had a look at some Taylor Wimpey developments in Spain. Look like high quality but high price. Agent said sales were to Foreign buyers and Spanish buyers. I had a look at the website and many languages available. The company website may be in English but the sales sites are separate. www.taylorwimpeyspain.com
JohnGeoff
22 Feb 2017
Re: Results and dividend "Anyone know when TW are due to announce?"The trading statement they put out on 11 January contained the following announcement."Taylor Wimpey is issuing the following update on trading ahead of its full year results for the year ended 31 December 2016, which will be announced on 28 February 2017."
millwallfan
22 Feb 2017
Results and dividend Hi. Lloyds out today with ex dividend date only days before TW. Anyone know when TW due to announce?? Thanks in advance
Maru118
13 Feb 2017
Re: Dividend Yield Thanks for that. Did you see the post I left just after titled " cancel my last" in which the message "Spanish is available" was written. Maru
Andinvestor
13 Feb 2017
Re: Dividend Yield Try www.taylorwimpeyspain.com
dazedandconfused
13 Feb 2017
Re: Cancel my last Gracias...
Maru118
12 Feb 2017
Cancel my last Spanish is available.
Maru118
12 Feb 2017
Re: Dividend Yield Eadwig,Thank you for taking the time to respond, that makes sense. I was pretty confident it would be paid this year as well, but thanks for the clarification. The impression that I get is that it's expats. Sound stupid, but there's no Spanish section of the website, one would assume there would either be the option to change the language into Spanish, or they'd have a separate stand alone website for Spain. Neither of which appear to be the case. I'm making every broad assumptions here though.What I find amusing, is that if expats are no longer allowed to live in Spain, this will actually boost TW temporarily as they all have to sell up and leave. Will certainly affect long term profitability though.
