FTSE 100 shares I’d buy for large and growing dividends
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FTSE 100 shares are arguably still undervalued. It’s often argued UK companies remain cheap when compared to other regions of the world. A spate of recent purchases of UK-listed companies gives some credibility to this argument. A combination of value, as well as income from dividends as they recover and grow post pandemic, have brought these two FTSE 100 shares onto my radar.
Cheap FTSE 100 miner
Rio Tinto (LSE: RIO) is one of the world’s leading mining companies. It certainly won’t be everyone’s cup of tea on ESG grounds, but if I look past that, it’s a FTSE 100 share that strikes me as being good for income.
Kurdish oil giant in the spotlight as secret deal is revealed
Why did London-listed Gulf Keystone agree to transfer profits from Shaikan to a local politician?
22 May 2021 • 3:00pm
Todd Kozel could sense the opportunity as he arrived in Erbil for a visit in 2006. Miles of unexplored territory lay waiting as Kurdistan opened up its oil industry in the post-Saddam era.
The affable American was chief executive of Gulf Keystone Petroleum (GKP), which would go on to discover and develop one of the region’s richest oilfields.
The opportunities would turn GKP into a favourite of retail investors and Kozel into a very wealthy man. He would earn $66m (£47m) during his final years at the top, helping to fund his sports car habit.
Powering past pandemic fatigue: Who will be the winners from the UK s lockdown lifting?
The sectors to watch out for
Rory Bateman of Schroders
The UK continues its steady emergence from lockdown. Shops, gyms and outdoor hospitality reopened in April, with hotels, cinemas and indoor dining now following suit. All being well, further restrictions could be lifted in June.
The lockdowns of the last year have undoubtedly benefited online grocers and food delivery services. But we have reached a crucial moment for the economy and for companies.
This is the moment where we find out the extent of pandemic fatigue and the degree to which consumers are willing to get out and spend.
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