MJ Gleeson
GLE.L (LSE)
MJ Gleeson, a housebuilder and support services company, is currently facing challenges reflected in its performance, with a 1-year return of -16.68% and a significant 5-year return of -45.00%. Despite these setbacks, it offers a dividend yield of approximately 2.75%, making it a potential option for investors seeking income amid a tough market landscape. The stock has earned an A- rating from analysts, though caution is advised given the broader concerns affecting the sector.
Pros:
- Stable dividend yield
- Established housebuilder
Cons:
- Negative 1-year and 5-year returns
- Market cap under $250 million
MJ Gleeson may be suitable for income-focused investors who are willing to accept short-term volatility and potential capital loss in exchange for a steady dividend yield of 2.75%. However, given its recent performance and the challenges facing the housing sector, investors should approach with caution and consider their risk tolerance before investing.