The coronavirus crisis has turned 2020 into a crazy race for fair investors. Stock portfolios have lost price because the pandemic caused severe panic in February and early March. The disastrous economic outlook has also hit dividend investors with a hammer, as many UK stocks have billed shareholders reduced, deferred or eliminated.
However, this is not bad news for British investors: the value of booming gold has boosted Polymetal International’s value share to 63% in 2020, for example. Concerns about the social, geopolitical and economic implications of Covid-19 were the main driving force of the ingot. explosion, as well as the likelihood of an extension of the central bank’s currency printing to help the recovery of the world economy.
Gold has also benefited from Brexit’s excessive uncertainty in recent years, such as considerations of emerging industry tensions between the United States and major trading partners such as China and the European Union.
Polymetal, which has mining services in Russia and Kazakhstan, is not only a fair game in increasing the value of gold, but the FTSE one hundred excavator has a number of quality assets in its portfolio in progress and exploration over the next few years. . Projects such as Nezhda, where the first production is expected in the last quarter of 2021.
All this, in my opinion, leaves a lot of room for the British component De Which Polymetal to continue to accumulate its recent load. A low-value/gain ratio (P/E) of 12 times leaves room for more percentage value strength.
Polymetal’s earnings are expected to reach 62% by 2020 and 21% next year. It also means that dividends from UK inventory are also expected to continue to help Array through its solid balance sheet. As UBS analysts have recently commented:
“With leverage close to Polymetal’s target grades and a solid outlook for capital expenditure, we expect a higher gold value to be shifted directly to higher loose money and higher dividend payments. “
The city consensus suggests an overall dividend of around 132 cents of US dollar consistent with a consistent percentage in 2020, and that translates into a huge return of 5%. Things are also for 2021, with expectations of increase in line with profit expansion, creating an expected payment of 179 cents for the full year, bringing the FTSE 100’s functionality to less than 7%.
Polymetal shows that fair investors are not lifting the drawbridge despite the current Covid-19 crisis. There are still plenty of opportunities to make big money from UK stocks, regardless of your attitude to threats and your vision of the global economy.
I am an experienced freelance monetary journalist working for a variety of publications around the world. In the past I was a journalist on stocks and raw materials, and editor of
I am an experienced freelance money journalist working for a variety of publications around the world. In the past I was a journalist on stocks and commodities, and editor of foreign currency policy in print and online, at Shares Magazine, offering facts and research to readers. to make smart investment decisions in the UK and abroad. I have also been a regular contributor to the magazine’s extensive magazine catalog and business guides. Previously, I was a reporter for news feeds BaseMetals. com and TheBullionDesk. com, delivering the latest news and providing in-depth research into the base and valuable metals markets.