I’ve looked at Tesco after having researched Morrisons.
The main takeaway is that the dividend looks safe to me. Not just because of high sales during the Covid-19 lockdown*, but because the finances are in good shape and the firm is still selling its Asian operation later in the year.
*although we’re back to normality with the weekly shop
The ex-dividend date is in a month, on 21 May
(source)
I would buy this stock. (But remember that this is not advice and the value of your investments may go up as well as down)
What about you?
- BUY
- HOLD
- SELL
0 voters