I'm looking at some of your favourite FTSE 100 companies and examining how each will deliver their dividends. Today, I'm putting iconic high street retailer Marks and Spencer Group (LSE: MKS) under the microscope.
British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday, hit by a drop in clothing sales, and said growth this financial year would be held back by investments online and in logistics.
It's full-year results time for Vodafone Group plc (LON: VOD), Marks & Spencer Group Plc (LON: MKS), and Burberry Group plc (LON: BRBY). Next week will be another busy one for full-year results from FTSE 100 companies with years ending on 31 March.
Is Marks and Spencer Group plc (LON: MKS) a solid pick for dividend growth? Dividend income accounts for around two-thirds of total returns, the actual rate of return taking into account both capital and income appreciation.
Marks & Spencer (LSE: MKS) is due to announce its annual results on Tuesday this coming week (21 May). At the time of writing, M&S's shares are trading at 424p -- up 18% from a year ago, in line with the rise of the FTSE 100.
Editor's Note: Related tickers: Citigroup Inc (NYSE:C), Legal & General Group Plc (LON:LGEN), BlackRock, Inc. (NYSE:BLK), Prudential plc (LON:PRU), Enterprise Inns plc (LON:ETI), Land Securities Group plc (LON:LAND), Marks and Spencer Group Plc ...
Are developing regions set to drive Marks and Spencer Group plc (LON: MKS) higher? While crippling austerity in Europe and fiscal obstacles could put the brake on growth rates there, in developing regions a backdrop of accommodative central bank action ...