Shares Podcast: James Halstead with Maynard Paton & Roland Head
In this new episode of the Private Investor's Podcast, my good friend Maynard Paton and I discuss the 45-year dividend record and other attractions of James Halstead (LON:JHD), the AIM-listed floorcovering specialist.
The topics we discussed included:
- the stunning returns enjoyed by long-term shareholders
- James Halstead's market-leading products
- the company's remarkable 45-year dividend record and 4% yield
- why we believe this 108-year-old business has a lasting competitive advantage
- how – and why – James Halstead splashed out £50m from its cash reserves last year
- the quirky boardroom setup ...
- the benefits – and risks – of family management
- the unusual ownership profile of the company's shares
- our view on James Halstead's latest results and dividend outlook
- would Maynard or I buy James Halstead shares today?
- ... and what price would we be willing to pay?
This podcast was recorded on 25 April 2023.
I hope you enjoy it. As always, all feedback very welcome!
Roland
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