TWODF - An Attractive Stock With A 7% Dividend Yield And Solid Growth Prospects
Note this article refers to the UK listed Taylor Wimpey plc, and all amounts given are in GBP unless otherwise specified.
The Stock
Taylor Wimpey plc is a residential developer with operations in the UK and Spain. The main attraction to the company's stock comes from its fantastic dividend distribution which results in a yield of around 7% based on today's price.
Brexit worries have caused jitters in the residential housing market in the UK, causing most building related stocks to fall, however, the chronic housing shortages in the UK will continue indefinitely. While margins