Tesco Plc is one of the world’s leading retailers. The company also provides retail banking and insurance services through its subsidiary Tesco Bank. Its Retailing Services includes the company’s online shopping channels, tesco.com and Tesco Direct; Telecoms; Tesco Personal Finance.
What about Tesco?
The principal activity of the company is retailing and associated activities in the United Kingdom and Ireland, Central Europe, Turkey, Asia, including China, India, Japan, Malaysia, South Korea and Thailand, and the United States, operating under a number of high street names and retail formats.
Tesco’s long term strategy, laid down in 1997, is to broaden the scope of the business in order to enable it to deliver strong sustainable long-term growth by following the customer into large expanding markets at home – such as financial services, non-food and telecoms – and new markets abroad, initially in Central Europe and Asia, and more recently in the United States.
The new businesses which have been created and developed, now have scale, are competitive and are market leading in many of their markets outside the UK.
And what about Tesco's
Based on Tesco's dividend record we can show you why from an income investing perspective Tesco is an example candidate.
In 2006, Tesco announced a new dividend policy:
"increasing its dividend pay-outs broadly in line with its earnings growth rate".
Tesco enjoys solid revenues and earnings. The company also offers an unbroken record of more than 20 years of increasing dividends:
- Tesco's 2012 fight-back to growth after lousy Christmas results has only just started
- sample Dividend Income Report at Dividend Income Investor.com
- Click here for a write up on Tesco's dividend history and prospects as from May 1999.
- Click here for a write up on Tesco's dividend history and prospects as from May 2005.
Free Information and Resources
Tesco Dividend Updates
Click below for news on Tesco Dividends:
Announcement of new dividend policy
In April 2006, Tesco announced a new dividend policy “increasing its dividend pay-outs broadly in line with its earnings growth rate”.
Tesco PLC Final …
WE WOULD LIKE TO POINT OUT, THAT:
1.√the above mentioned Dividend Updates are solely examples of a UK listed company's future dividend intentions and is not to be construed as a share recommendation. Neither Early Retirement Investor nor EMAR Publishing are registered as an investment advisor or as an independent financial advisor and do not provide individualised advice
2.√the price of shares and investments and the income derived from them can go down as well as up, and investors may not get back the amount they invested
3.√where the information consists of pricing or performance data, the data contained therein has been obtained from company reports, financial reporting services, periodicals, and other sources believed reliable
4.√data computations are not guaranteed by Early Retirement Investor.com or any of the data providers and may not be complete.
5.√The editor or contributors may have an interest in the share mentioned.
6.√Dividend yields move up and down. As a company’s share price increases the dividend yield falls. And vice versa: if the share price falls the dividend yield increases.
Return to Rising Dividends for announcements from other companies with an amended dividend policy.
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