In case you hadn’t noticed, us Fools love a . This is due to the generous allowance of £20K that can be invested per year. More crucially, dividends received from stocks bought within this vehicle aren’t taxable.
Two picks I reckon are worth investors digging deeper into are ( ) and ( ). Here’s why! What they do Howden is one of the largest kitchen and joinery products in the UK, based on market share. With a wide presence through its depots, the firm sells direct to consumers, the trade, and the construction industry, too.
Safestore is also a market leader in self-storage. In this case, it possesses a large number of storage facilities in the UK, and is expanding abroad too. Howden’s investment case From a bullish view, Howden’s growth story, as well as performance and earnings record, is hard to ignore.
Organic and acquisition-led growth has catapulted it towards market dominance. However, I do understand that past performance isn’t a guarantee of the future. A recent update showed me that the business is looking to push further growth.
This is through streamlining operations, and boosting profitability. Furthermore, the business could experience growth related to the housing shortage in the UK. The requirement for kitchens and joinery products could soar as this imbalance is addressed.
From a fundamental view, the shares offer a of 2.4%, and the company has a good track record of raising dividends. Plus, I can see this level of return growing.
However, I do un.