I bought into these on January 3rd for the dividend. Probably boring to a lot on investors, but with a yield of 9.3%, they are worth a look for income seekers.
The Smiths News Group operates in distinct but complementary markets; newspaper and magazine wholesaling, Smiths News, book wholesaling, Bertrams and education supplies, The Consortium.
Smiths News is the UK’s leading newspaper and magazine wholesaler. The company distributes newspapers and magazines on behalf of national publishers as well as a number of regional publishers. It serves approximately 30,000 retailers across England and Wales, supplying large general retailers as well as smaller independent newsagents.
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