Allied British Foods - I think this would be a good addition to Freetrade, Everyone needs to eat Primark is also quite popular.
It’s already on the app.
Associated British Foods though I think its listed as.
Oops, didn’t realise it was Already listed, my apologies.
I’m surprised there wasn’t a thread for this already. Though as popular as Primark is I don’t think many people realise it’s owned by ABF.
Toby did a smashing review of ABF:
And here’s @DavidK with the latest analysis:
From the most recent article:
Plus, as one of the few remaining members on the UK’s dwindling high-street, Primark’s likely going to benefit from the thinned out physical retail scene. The fat’s been trimmed, now that many former kingpins from Debenhams to Topshop have boarded up shop.
Is this an accurate assessment? The prevailing wisdom is that having a choice attracts shoppers. Will a lone Primark in a retail park surrounded by vacant units be enough of a draw to bring out the shoppers or will more of them just go straight to online where Primark stubbornly refuses to establish a presence?
A couple of articles on earnings report and the special dividend
If i hold an ABF share, do I get this ‘special dividend’? Thanks
Hi @rmill21 welcome to the community and great question.
I’ve started doing a weekly round up of what dividends are expected for the week ahead called Cash Taco, it’s probably worth touching in on a Tuesday when I upload that as it’ll be covered.
The £ABF special dividend is 34.3p per share & you need to hold the shares until 16th December at least, this is ex-dividend date. You’ll get the money around 14th January 2022. You don’t need to do anything that else.
I’m interested but I’m more interested in the food retail side of the business rather then the Primark side of the business.