I’d buy the Standard Life Aberdeen share price for its fantastic 9% dividend yield

By on July 5, 2021

first_img Our 6 ‘Best Buys Now’ Shares Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! The Standard Life Aberdeen share price was hammered during the March stock market crash. There is no shame in that. Plenty of other top FTSE 100 stocks also took a beating.The fund manager’s stock has started to recover, but I still think it offers an attractive buying opportunity today. Especially since the group is standing by its dividend (unlike many FTSE 100 companies) and yields almost 9%.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…Standard Life Aberdeen (LSE: SLA) struggled to convince investors that the 2017 merger between Standard Life and Aberdeen Asset Management will pay dividends. The group suffered teething problems, including a costly dispute with Lloyds, and so far the expected synergies and savings have yet to justify the link-up.Standard Life Aberdeen share price reboundsIn early March, the group reported a 12.5% fall in annual fee-based revenue to £1.6bn, despite improving investment performance. Then came the Covid-19 crash. The Standard Life Aberdeen share price collapsed by almost half, hitting just 174p at the market low on 23 March.At The Motley Fool, we believe the most exciting time to buy top FTSE 100 stocks is right after they have been hammered by a crash. Those who bought on that dip will have been rewarded, as the stock is up a third since then. However, do not despair if you missed that opportunity, it still trades well below its valuation before the crisis.Better still, investors enjoy more dividend visibility. Last month, the group said it was pressing ahead with its £300m final dividend payment. Investors will have been delighted by chairman Sir Douglas Flint’s protective attitude towards the group’s 1m private investors. As he made clear, many are retired and dependent on dividend income to get by.He also made it clear that the group is in a position to make the payment, helped by selling investments in India. That left it with £1.7bn of surplus capital at the time.A top FTSE 100 income stockThat leaves the Standard Life Aberdeen share price yielding a hugely generous 8.9%. Dividend cover is thin at 0.9 times earnings, so in the longer run, investors will want to see those earnings pick up. But Flint’s words suggest the dividend will not be scrapped lightly.Standard Life Aberdeen does look slightly expensive, trading at 17.5 times forecast earnings. You have to take valuation metrics like the P/E ratio with a pinch of salt these days, but if that worries you, there are cheaper FTSE 100 stocks out there.The next leg of the stock market recovery could prove tricky as the scale of the looming recession sinks in. However, the group may benefit from its Asian expertise, as this region seems likely to lead the recovery.The Standard Life Aberdeen share price looks tempting, if you take a long-term view. You don’t get many dividends like this right now. Harvey Jones | Monday, 25th May, 2020 | More on: SLA “This Stock Could Be Like Buying Amazon in 1997” 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. I’d buy the Standard Life Aberdeen share price for its fantastic 9% dividend yieldcenter_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Image source: Getty Images. 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. Enter Your Email Address See all posts by Harvey Joneslast_img read more

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5 reasons why helicopter parents are sabotaging their child’s career

By on December 18, 2020

first_img 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: Ashley Stahl“Hi Ashley!” came the chipper voice on the other end of the line. “I’m so excited for our call!”“Great!” I said. “Let’s get started!”But before I could get the ball rolling on the phone consultation, she interjected:“Before we get started in our consultation, I just wanted to introduce you to my mom, who is also on the phone line.”I’m a career coach to millennials, but for a moment I wondered if she’d confused me for her wedding planner.The client paperwork I printed in advance of the call confirmed that there was no confusion on my end: Rachel was a 26-year-old Cornell graduate. She spent the last two years serving with Teach for America. She had a master’s degree in education.She was looking to hire me because she wanted to get clarity on her next career move – arguably one of the most important and independent decisions any of us will tackle in adulthood.… So why did her mom need to be on the call? continue reading »last_img read more

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How to fight analysis paralysis and regain control

By on December 17, 2020

first_img continue reading » The coronavirus pandemic changed life as we know it, essentially overnight, from the way we do business to the strategies and plans we had put in place at the beginning of the year. This is what, LT. Jason Redman, a retired Navy SEAL, leadership expert, and bestselling author, would call a life ambush.Redman describes a life ambush as an event that may have left you feeling:overwhelmed to the point of shutting down;filled with anxiety, sleeplessness, or irritability;overcome by shame, guilt, and anger;buried in conflict, miscommunication, and chaos; ordogged by emptiness and lack of purpose or meaning.The onset of the coronavirus pandemic has changed our office culture and relationships and placed some unexpected obstacles in our way. As we walk the path to recovery, it’s important to rely on key tools and strategies to ensure we are always leading and pushing our companies and teams forward. ShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

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