I’d never turn down a dividend from a company I own. After all, this cash can then be reinvested in the market, allowing me to benefit even more from compound interest. With this in mind, here are what I consider to be two of the best dividend stocks from the FTSE 250.
Online trading provider IG Group (LSE: IGG) has been throwing dividends at my own portfolio for years now. Today’s record full-year results suggest this income stream will continue (and then some).
As one might expect, the hugely volatile markets over the last year have attracted more people to trade via IG’s platform. The number of new and active clients jumped 39% and 31% respectively. As a result, net trading revenue rose 31% to £853.4m over the 12 months to the end of March. Pre-tax profit also rocketed 52% to a little over £450m.
And the … Read more