Media coverage about Tesco (OTCMKTS:TSCDY) has been trending somewhat positive recently, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Tesco earned a coverage optimism score of 1.33 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Tesco’s ranking:
- Tesco share price investors eye big payout with this news. Here’s what I’d do now (msn.com)
- Woman dies after crash outside Eastbourne Tesco (theargus.co.uk)
- Make an impression this Christmas with these fabulous dresses from F&F at Tesco (irishmirror.ie)
- Tesco’s Asia selloff could lead to a big payday for shareholders (proactiveinvestors.co.uk)
- Man caught in sex act with girlfriend outside Tesco then hospital A&E steps (mirror.co.uk)
Separately, Zacks Investment Research cut Tesco from a “buy” rating to a “hold” rating in a report on Tuesday.
The business also recently declared a Semi-Annual dividend, which was paid on Monday, December 2nd. Shareholders of record on Monday, October 14th were issued a $0.098 dividend. The ex-dividend date was Thursday, October 10th. This is a boost from Tesco’s previous Semi-Annual dividend of $0.07. Tesco’s dividend payout ratio is currently 36.36%.
Tesco PLC, together with its subsidiaries, operates as a grocery retailer. The company also provides retail banking and insurance services. It has operations in the United Kingdom, Ireland, the Czech Republic, Hungary, Poland, Slovakia, Malaysia, Thailand, and internationally. The company serves its customers through 6,809 stores, as well as online.
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