Join our community of smart investors

Cranswick cites positive start to current year

The food producer hiked the dividend, marking 30 years of continual pay-out growth
Cranswick cites positive start to current year

The timing of the Covid-19 outbreak means that Cranswick’s (CWK) numbers for the year to March weren’t significantly affected by the pandemic, and food demand hasn't exactly waned in the intervening months. It follows that the group’s outlook for 2021 remains unchanged; and in a further show of confidence, Cranswick hiked the dividend by 8 per cent – marking  three decades of consecutive increases.

IC TIP: Buy at 3700p

To continue reading...
Join our Community of Smart Investors
  • Independent full-length company analysis
  • Actionable investment ideas and recommendations
  • Expert investment tools and data
  • Stock screens from Algy Hall
Have an account? Sign in