Are UK housebuilders a good hunting ground for income investors? The sector's dividend yield may be a generous 5.9%, but I am resisting the temptation, writes Miton's Eric Moore.
The first concern is financial metrics of the housebuilders are back to all-time highs. Margins and returns on capital have never been better and look decidedly ‘peaky'. Mean reversion may have its way. ...
'Following the letter, but not the spirit, of the rules'
Tech giant still stands out
Reduces chances of rate hike
Designed to park short-term cash