from Paul Gardner (Avenue Investment Management). GLTA
| 2012-11-27 || BUY || DH-T || Davis + Henderson || |
70% of their business used to be bank cheques but it is now down to 40%. Now they are essentially the back office of a lot of financial companies in the US and Canada. This is an area with high margins and they are excellent at what they do. Yield of around 7%. Expect there is a possible chance of a dividend increase.
| Price: |
FIXED INCOME, LARGE CAP DIVIDENDS AND REITS