Home Growth 3 low cost FTSE 100 dividend shares to contemplate shopping for in April

3 low cost FTSE 100 dividend shares to contemplate shopping for in April

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3 low cost FTSE 100 dividend shares to contemplate shopping for in April

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For these searching for dividend shares, April must be a great month for information. Three of my favorite firms are set to submit updates. And I price all of them as too low cost.

Taylor Wimpey

The Taylor Wimpey (LSE: TW.) share worth goes off the boil once more, and it’s round 20% down up to now 5 years now.

We should always have an replace on AGM day on 23 April.

There’s rising hypothesis that rates of interest may begin to come down as quickly as Could. And we may very well be down a complete proportion level by the top of the 12 months.

Meaning something we hear in April may come at a good time for these contemplating shopping for.

With FY leads to February, we heard that “present buying and selling exhibits some encouraging indicators of enchancment with lowered mortgage charges positively impacting affordability and confidence in our buyer base“.

And I actually simply need to see how that’s holding up a few months later.

Barclays

I hold altering my thoughts over which FTSE 100 financial institution valuation I like one of the best. One month it’s Lloyds Banking Group, the subsequent it’s NatWest Group. And on 25 April, it is likely to be Barclays (LSE: BARC) once more.

Now we have Q1 outcomes due on that date. And I believe it may give the share worth an additional enhance. Barclays shares are again to the place they had been earlier than Covid, which is sweet going.

This time, I actually simply need to see how liquidity is doing. However with the financial institution on a brand new share buyback run, I don’t anticipate any hassle there.

One key factor struck me in February’s FY23 outcomes. That’s the financial institution’s plan to return a minimum of £10bn of capital to shareholders between 2024 and 2026, by means of dividends and share buybacks.

Any futher ideas on that might be welcome.

WPP

Media big WPP (LSE: WPP) is my third selection. Its share worth has had a unstable few years, with a Covid restoration that quickly fell aside.

However with a Q1 buying and selling replace due additionally on 25 April, I ponder if we would see one other enhance.

We’re nonetheless in early days for the agency’s restoration, however forecasts look good. There’s a ahead price-to-earnings (P/E) ratio of 10.5 down for the present 12 months. And in these unsure instances, I believe that is likely to be honest valuation.

However earnings development forecasts would drop that to beneath eight by 2026, with the dividend yield as much as 5.6%. The dividend funds must be strongly coated by earnings too, if the Metropolis has it proper.

Any early signal of how the 12 months goes to date could be welcome, significantly on the money circulation entrance.

St James’s Place

And now an honourable point out for St James’s Place, attributable to submit a Q1 new enterprise replace on 30 April.

This must be the primary we’ve heard from the agency since February’s FY outcomes despatched the share worth crashing.

It’s all about £426m put aside for potential refunds to purchasers who overpaid for charges and recommendation. Oh, and a slashed dividend. Something that means we’re not in for an extra shock could be good.

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