HomeInvestingJust released: our 3 best dividend-focused stocks to buy before August

Just released: our 3 best dividend-focused stocks to buy before August [PREMIUM PICKS]

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Premium content material from Motley Idiot Share Advisor UK

Our month-to-month Ice Finest Buys Now are designed to focus on our crew’s three favorite, most well timed Buys from our rising record of income-focused Ice suggestions, to assist Fools construct out their portfolios.

“Finest Buys Now” Decide #1:

B&M European Worth Retail (LSE: BME)

  • B&M’s share value was down roughly 17% yr so far as of writing (16th July) resulting from investor fears over slowing progress for the UK’s main discounter. 
  • Whereas FY25 is probably going going to be a yr of destructive like-for-like progress at B&M’s UK shops, the sky isn’t collapsing on the enterprise. In Q1 total group income was nonetheless up 2.4% year-on-year because of new retailer openings, nice buying and selling from B&M France, and Heron Meals persevering with to do properly.
  • We have been additionally advised within the Q1 buying and selling replace that gross margins have been sturdy and the corporate is exiting the summer time months with a clear stock place. That its shopping for groups achieved this regardless of a poor summer time to this point weather-wise factors to the spectacular work in forecasting and buying B&M’s buying managers do. 
  • Though free money movement goes to proceed lowering from the height of the lockdown-impacted pandemic years, B&M continues to be recording considerably larger income and money movement than it was pre-pandemic. With rising scale and the French enterprise rising rapidly and now worthwhile, we’re hopeful that may proceed. 
  • At 13 occasions trailing earnings with a trailing extraordinary payout of three.1% supplemented by pretty common particular dividends, we expect B&M is value contemplating this month. 

“Finest Buys Now” Decide #2:

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