Why The British Land Company plc, TalkTalk Telecom Group PLC And Renishaw plc Should Lag The FTSE 100 Today

The British Land Company plc (LON: BLND), TalkTalk Telecom Group PLC (LON: TALK) and Renishaw plc (LON: RSW) all slide.

The content of this article was relevant at the time of publishing. Circumstances change continuously and caution should therefore be exercised when relying upon any content contained within this article.

When investing, your capital is at risk. The value of your investments can go down as well as up and you may get back less than you put in.

Read More

The content of this article is provided for information purposes only and is not intended to be, nor does it constitute, any form of personal advice. Investments in a currency other than sterling are exposed to currency exchange risk. Currency exchange rates are constantly changing, which may affect the value of the investment in sterling terms. You could lose money in sterling even if the stock price rises in the currency of origin. Stocks listed on overseas exchanges may be subject to additional dealing and exchange rate charges, and may have other tax implications, and may not provide the same, or any, regulatory protection as in the UK.

You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More.

The FTSE 100 (FTSEINDICES: ^FTSE) is gaining further today, up 46 points to 6,643 approaching midday, with a number of upbeat earnings reports giving it a boost — ARM Holdings, easyJet and Kingfisher are all among the top-tier companies with strong updates today. Second-quarter GDP figures are also expected to be cheery, supporting the start of an economic recovery in the UK.

But not everyone is having such a good time. Here are three companies from the various FTSE indices whose shares are trailing today:

British Land

A quarterly update from real estate investment trust British Land Company appears to have disappointed the punters, with the share price subsequently dipping by 5p (0.8%) to 612p. The fall comes despite the firm’s quarterly dividend being upped by 2.3% to 6.75p per share, which would take the full-year payment to 27p, for a 4.4% yield.

British Land also told us it has invested £512m in new acquisitions since the start of the year, with £470m of that going for a stake in Paddington Central. So why the price fall? Maybe because the retail market was said to be “still challenging“.

TalkTalk

Shares in TalkTalk Telecom (LSE: TALK) slipped back 5.9p (2.3%) to 246p after the telecoms firm released a first-quarter update — which actually looked good.

Total revenue rose by 1.7% over the same quarter last year, to £421m, with the company enjoying 24,000 on-net additions, 160,000 new TV customers, 27,000 new mobile customers and 22,000 new fibre customers.

Chief executive Dido Harding told us that “Customers are spending more and staying with us longer because of our strong value-for-money deals“.

Renishaw

Renishaw, the developer of metrology and inspection equipment, saw its share price slip 27p (1.7%) to 1,540p in morning trading, despite full-year results showing record revenue of £347m. Adjusted pre-tax profit, however, fell 5% to £81.5m, with adjusted earnings per share down 4% to 91.4p. At least the dividend got a boost, of 4% to 40p per share, for a yield of 2.6%.

There was, however, a note of caution in the firm’s outlook, saying “The Group faces tough comparators going into the first half of this financial year, however, we look forward with confidence to a successful 2014“.

Finally, reliable dividends can more than compensate for the day-to-day ups and downs of share prices. So how about a company that’s offering a 5% yield and which could be set for some nice share price appreciation too?

It’s the subject of our BRAND-NEW report, “The Motley Fool’s Top Income Share For 2013“, which you can get completely free of charge — 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. The Motley Fool has recommended shares in Renishaw.

Should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice.

More on Investing Articles

Smiling young man sitting in cafe and checking messages, with his laptop in front of him.
Investing Articles

If I’d put £1k in Games Workshop shares 5 years ago, here’s how much I’d have now!

Games Workshop shares have proved to be a stellar investment in recent years. Charlie Carman examines whether this trend can…

Read more »

White female supervisor working at an oil rig
Investing Articles

With the Middle East in crisis, will the BP share price soar?

The BP share price has leapt by a sixth, surging 16.7% since the lows of late January. Will it gush…

Read more »

Young Caucasian woman at the street withdrawing money at the ATM
Investing Articles

If I’d put £5,000 into Santander shares 1 year ago, here’s how much I’d have now

Santander shares have outperformed over the past 12 months, leaving this Fool wondering if he should add the bank stock…

Read more »

Man writing 'now' having crossed out 'later', 'tomorrow' and 'next week'
Investing Articles

55% below its all-time high, this growth stock doubles up as a value investment

Oliver says Kainos Group is one of the best technology growth stocks on the British market. He says the growth…

Read more »

Stack of British pound coins falling on list of share prices
Investing Articles

Is the Lloyds share price high enough now?

Fundamental measures suggest the Lloyds Banking Group share price is too low. Here are some reasons why it might stay…

Read more »

Hand is turning a dice and changes the direction of an arrow symbolizing that the value of an ETF (Exchange Traded Fund) is going up (or vice versa)
Investing Articles

1 simple Vanguard ETF could turn £500 per month into £54,159 in annual passive income

Ben McPoland explores how investing just a few hundred quid in an ETF can lead to a substantial passive income…

Read more »

Investor looking at stock graph on a tablet with their finger hovering over the Buy button
Investing Articles

As the Rolls-Royce share price falls, has a big correction just started?

Is the Rolls-Royce share price heading for a 20% fall? Or is there a new 20% rise on the cards?…

Read more »

Young mixed-race woman jumping for joy in a park with confetti falling around her
Investing Articles

£20,000 in a new ISA? Here’s how I’d target a lifelong second income

We'd all love a second income. Just something to make life that bit easier, or to help us navigate challenging…

Read more »