1 passive income stock I’d buy before the Stocks & Shares ISA deadline

first_img Image source: Getty Images. Zaven Boyrazian | Tuesday, 23rd March, 2021 | More on: DVO Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address 5 Stocks For Trying To Build Wealth After 50 Our 6 ‘Best Buys Now’ Shares But it’s not the only passive income stock that looks promising to me. Here is… 1 passive income stock I’d buy before the Stocks & Shares ISA deadline Zaven Boyrazian does not own shares in Devro. The Motley Fool UK has recommended Devro. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Click here to claim your free copy of this special investing report now! The Stocks and Shares ISA deadline is fast approaching, and after April 5, any remaining ISA allowance will be lost. So to take advantage of the tax benefits, I must invest my spare capital before then. But the question is, where do I invest it? Fortunately, I’ve spotted one stock that looks like it could be an excellent source of reliable and consistent passive income. Let’s take a look.Passive income for my Stocks and Shares ISAWhen searching for dividend stocks, I always look at their track records to see whether the payments have been reliable. After all, there is no point in buying shares of a high-yielding business if that dividend is likely to be cut later.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This is how I stumbled across Devro (LSE:DVO). The company manufactures and sells collagen sausage casings. As unglamorous and boring as that sounds, it has proven to be an incredibly resilient business.The pandemic created a challenging operating environment, and Devro’s Chinese facilities suffered continual disruptions. Yet despite this, the total revenue for the year only fell by 1%. And upon closer inspection, this drop appears to be linked to a slight decline in sausage prices rather than any problems with production volumes.Devro is by no means a growth stock. But it’s certainly been acting like one lately. Over the last 12 months, the share price has increased by nearly 50%, rising far higher than its pre-pandemic levels. Combining that with an average annual 8% growth in dividends over the last 20 years makes Devro look like an excellent candidate for my Stocks and Shares ISA.Risks to considerCollagen is the primary ingredient in all of Devro’s products. It has established long-term contracts with specialised suppliers. But it is still exposed to potential supply chain disruptions and price fluctuations. The ingredient currently represents around 20% of the firm’s operating expenses. Therefore even small increases in price could have a significant impact on profit margins.The firm also has to comply with food and safety regulations across multiple countries. These are in place to protect the health of Devro’s customers. But any changes could result in restricted product movement between territories and introduce complications to the manufacturing process. If the company cannot keep up with changing standards or accidentally breaches them, it could lead to competitors taking advantage and stealing market share.The bottom lineDespite the rising share price, Devro still offers an attractive 4.6% dividend yield to its investors. That looks particularly enticing to me for my passive income portfolio, especially since the firm hasn’t cut or suspended any payments in over 20 years.With the 2021 dividend already declared, and the demand for sausages not disappearing any time soon, I’m definitely considering adding the company to my Stocks and Shares ISA before the new tax year. See all posts by Zaven Boyrazianlast_img read more

Step One! Kyle Taylor Parker & Steven Booth Will Star in the National Tour of Kinky Boots

first_imgEverybody say yeah! Kyle Taylor Parker and Steven Booth have been cast as Simon/Lola and Charlie Price, respectively, in the first national tour of Harvey Fierstein and Cyndi Lauper’s Tony-winning Kinky Boots. The high-heeled and fabulous show is set to begin performances September 4 in Las Vegas before continuing to cities across the country. Additional casting will be announced soon. In Kinky Boots, Charlie Price (Booth) has reluctantly inherited his father’s shoe factory, which is on the verge of bankruptcy. Trying to live up to his father’s legacy and save his family business, Charlie finds inspiration in the form of Lola (Parker). A fabulous entertainer in need of some sturdy stilettos, Lola turns out to be the one person who can help Charlie become the man he’s meant to be. As they work to turn the factory around, this unlikely pair finds that they have more in common than they ever dreamed possible…and discovers that when you change your mind about someone, you can change your whole world. Other casting includes Darius Harper, Ricky Schroeder, Juan Torres-Falcon, Hernando Umana, Damien Brett, Stephen Carrasco, Lauren Chapman, Amelia Cormack, J. Harrison Ghee, Blair Goldberg, Crystal Kellogg, Ross Lekites, Patty Lohr, Mike Longo, David McDonald, Bonnie Milligan, Horace Rogers, Anne Tolpegin and Sam Zeller. View Comments The design team for Kinky Boots includes scenic design by David Rockwell, costume design by Gregg Barnes, lighting design by Kenneth Posner, sound design by John Shivers and orchestrations by Stephen Oremus. Parker, who performed as one of the Angels and as the Lola understudy in the Broadway company of the show, and Booth (Avenue Q, Glory Days, Dogfight) will be joined by Lindsay Nicole Chambers (Hairspray, Legally Blonde, Lysistrata Jones) as Lauren, Joe Coots (TV’s Inside Amy Schumer, The Full Monty national tour) as Don, Craig Waletzko (Guys & Dolls, Young Frankenstein) as George and Grace Stockdale in her touring debut as Nicola. Directed and choreographed by Tony winner Jerry Mitchell, Kinky Boots opened on Broadway on April 4, 2013 and continues to play at the Hirschfeld Theatre. The musical took home six 2013 Tony Awards, including Best Musical, Best Score (Lauper), Best Choreography (Mitchell), Best Orchestrations and Best Sound Design.last_img read more

Vlaar agent hints at ‘big’ move

first_img But the 29-year-old is yet to sign and agent Arnold Oosterveer admits the situation is in Vlaar’s favour. Oosterveer told Dutch publication Voetbal International: “It is obvious that for Ron, now is the moment to make a nice big move in his career. “Ron is very ambitious. The situation is ideal for Ron right now. “You can imagine that we are not in a hurry. I don’t want to react to the rumour that he will go to either Arsenal or Manchester United, but Ron is very ambitious.” Vlaar has been one of Villa’s best performers since signing from Feyenoord for around £3.2million in 2012, making 72 appearances and scoring twice. He excelled for Holland in their run to the World Cup semi final in the summer. Press Association The defender is out of contract at the end of the season and will be allowed to talk to other clubs in January. He will not be sold in the transfer window though and Villa boss Paul Lambert, who has a strong relationship with his skipper, has spoken to Vlaar about a new contract. center_img Ron Vlaar’s agent has admitted the Aston Villa skipper has a chance to make a “big” move in the not-too-distant future. last_img read more

Syracuse answers Houston basketball’s call for help after Tropical Storm Harvey

first_imgNews of the aid from SU comes just a day after football coach Dino Babers, who has deep Texas connections having coached at Baylor in Waco, Texas, and Texas A&M in College Station, Texas, offered his prayers to those affected by the flooding.“My heart goes out to (the people of Houston),” Babers said on Monday. “I hope they’re all OK.” As of Tuesday afternoon, more than 100 high schools and colleges have sent supplies to Sampson, who plans on donating the gear to aid organizations better suited to distribute it to those in need, per his Twitter page.The story has been updated for appropriate style. Comments UPDATED: Aug. 30, 2017 at 1:51 a.m.As the city of Houston begins to recover from storm Harvey, Houston men’s basketball coach Kelvin Sampson put out a call for help. Published on August 29, 2017 at 6:18 pm Contact Andrew: [email protected] | @A_E_Graham AdvertisementThis is placeholder textRealizing that thousands of people will be needing basic items like clothes and shoes, Sampson asked that coaches on any level send along 20 T-shirts and 10 pairs of shoes, or whatever they could afford to give.Syracuse and dozens of other high schools and colleges answered the call. Facebook Twitter Google+last_img read more

First Capital Plus League: Battle for supremacy and survival

first_imgThe battle for Premier League supremacy and survival intensifies as the competition enters its nervy moments on Wednesday.There are some 18 points left to play for as leaders Asante Kotoko endeavour to maintain their title bid in an away fixture with Heart of Lions looking to pile on the pressure and Hearts of Oak banging on from three place for a Champions League slot.Table-topping Kotoko will attempt to build up the points ahead of the chasing pack when they travel to Sekondi for the clash with top-four hopefuls Hasaacas in midweek.An impressive run recently has seen Lions jump to second position as they challenge the top, albeit with a 10-gap separating them from summit.But with a home game against bottom side, Aduana Stars, Lions will be eager not to avoid any slip ups.Just behind Lions in third place is Hearts of Oak who are also contenders for the top and a return to continental club competition. The Phobians face a tricky test at the Golden City Park where they take on Berekum Chelsea. Mohammed Polo’s side know what is required to come out on top and will be aware that they cannot afford to drop any more points. The battle for survival continues at the Tema Stadium for both Inter Allies and Wa All Stars. For Inter Allies, another victory will take them out of the relegation bracket whilst the Blues are aware that their place in next season’s campaign is not secured yet.Despite sitting in mid-table, New Edubiase and Bechem United are just five points above the relegation bracket and either side will need all three points to push up the log in their battle at the Bechem Park.At the Baba Stadium, it will be a clash of equals as King Faisal, who are just two above the drop zone will host Amidaus Professionals, who are also two points clear of relegation.Second from bottom, Ebusua Dwarfs after an impressive first round are suddenly looking up the table from the relegation zone as the season reaches the final stages. The ‘Mysterious Dwarfs’ will battle Liberty Professionals who are just three points clear of the drop at the Carl Reindorf Park as they chase survival.last_img read more