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Home » Regular Columns » Three Quick Facts » Three Quick Facts: NatWest Group, SEGRO and Ironveld

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

#1. Natwest Group £3.8 billion capital return to shareholders

Natwest Group [LON:NWG ] has full year results out this morning. As is always the way with the big banks, this is a weighty note, but the key facts to look for are the return on tangible equity, which came in at 9.4%. Bad debt impairment has been revised down by almost £1.3 billion, whilst a final dividend of 7.5p and a share buy back scheme will take total distributions for the year to £3.8 billion.

#2. SEGRO sees significant portfolio revaluation 

SEGRO [LON:SGRO] has this morning also issued full year numbers, up to 31st December. The company has seen a significant revaluation in its portfolio, taking the adjusted NAV from 814p a year ago to 1137p, which could have the potential to drive fresh interest in the stock. Net rental income is up 4.9% and the company is looking at the year ahead with confidence. Investors have been rewarded with a 10% increase in dividends.

#3. Will small, deeply discounted rights issue rock sentiment for Ironveld?

AIM-listed Ironveld [LON:IRON] was in focus earlier this week for our junior market round up after posting some significant gains. However, the company has this morning announced the issue of some deeply discounted new equity to pay a number of contractor bills. The dilution here will be limited, but could this initiate an outsized reaction in the market?

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Please note this article does not constitute investment advice. Investors are encouraged to do their own research beforehand or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

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