Polymetal International PLC (LON: POLY), Marks & Spencer Group Plc (LON: MKS) and Aggreko plc (LON: AGK) will be in the news next week.
Things are still quiet in the post-Easter lull, and we don't have a lot of news due to come our way. But we are expecting a few snippets from some of our major FTSE 100 companies. Here's a trio scheduled to spread illumination next week.
We have full-year results from Polymetal International (LSE: POLY) coming our way on Monday, and for the year to December 2012 the City is expecting to see a rise in earnings per share (EPS) of over 50%. That would put the shares on a price-to-earnings (P/E) ratio of a bit over 10 based on today's 838p price.
Polymetal mines precious metals in Russia, and is one of the world's largest silver producers. Rising earnings forecasts over the next two years will take the P/E down to under 7 by 2014 if they come off, and the dividend yield is predicted to rise from 2% to more than 5% over the same period. This could be a good time to buy -- but be sure to do your own research.
Marks & Spencer
Marks & Spencer Group (LSE: MKS) is due to bring us a fourth-quarter trading update on Thursday, and at the time of the firm's Q3 update in January, things seemed to be going reasonably well -- total sales were up a modest 0.6%, but multi-channel sales had risen 10.8% with international sales up 4.1%.
Forecasts for the full year suggest a 7% fall in EPS, with today's price of 378p suggesting a P/E of 12. But there's a dividend of over 4% expected, and if 2012 is a bottoming-out year as expected, M&S could be attractive to recovery investors now.
On Friday we should have an interim management statement from Aggreko (LSE: AGK). Full-year results from the power and temperature-control equipment supplier early last month were strong, showing a 14% rise in underlying revenue and an 11% rise in pre-tax profit, after the firm claimed "flawless execution of London Olympics".
But the shares have been struggling, losing around 20% over the past 12 months to 1,712p today, and there's a 6% fall in EPS forecast for the year to December 2013. With a dividend yield of just 1.4% expected and the shares on a forward P/E of nearly 19, I'm not seeing any great bargain here right now -- but we'll see what Friday has to offer.
Finally, dividends can add nicely to your investment returns -- they can be spent or reinvested according to your needs. Whether investing for income or growth, good old cash is always welcome.
And that's why I recommend the BRAND-NEW Fool report, "The Motley Fool’s Top Income Share For 2013", in which our top analysts identify a share that they believe will provide handsome dividend income for years to come.
But it will only be available for a limited period, so click here to get your copy today.
> Alan does not own any shares mentioned in this article.