Simon Thompson 

Take the hint at Jarvis’ dividend hikes

Simon Thompson

Simon Thompson

Jarvis Securities (JIM:490p), a financial services outsourcer and retail client stockbroker, could be on course for another bumper annual profit performance despite suffering a shortfall in the first half of 2018 when pre-tax profits slipped from £2.35m to £2.08m on flat revenues of £4.8m due to the costs (around £500,000) associated with implementing the new Markets in Financial Instruments Directive (Mifid II). Jarvis’ board subsequently restructured its commercial fee tariffs to take into account the additional costs it's incurring.

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