3 Shares the FTSE 100 Beat Today

Updated

LONDON -- The FTSE 100 finished the day up 1% to 6,355 points, as fears that the American and Japanese central banks might bring their stimulus packages to an end appear to be fading. The U.S. Federal Reserve still seems committed to its bond-buying policy, at least for now.

But not all is well with individual shares prices. Here are three constituents of the FTSE indexes that fell today.

Pearson
Pearson, publisher of the Financial Times and owner of Penguin books, saw its share price fall 3.7% on results day despite posting a 5% rise in sales to 6.1 billion pounds and a 1% rise in adjusted operating profit to 936 million pounds. What seems to have done the damage was a 2.7% fall in earnings per share to 84.2 pence and a 20% drop in operating cash flow to 788 million pounds -- although it was all pretty much in line with expectations.


And the company felt confident enough to lift its dividend by 7% to 45 pence per share for a yield of 3.9% on the current price.

Bovis Homes
Good-looking results, followed by a share price fall, were the order of the day for Bovis HomesGroup, as the homebuilder's shares fell 1.8%. That happened despite a 17% rise in revenue for the year to December to 425.5 million pounds and a 69% jump in pre-tax profit to 54.1 million pounds. Basic earnings per share climbed 75% to 30.7 pence, enabling an 80% dividend boost to 9 pence per share. That's still only a yield of 1.4%, but it's in the right direction.

By Friday we should have a better picture of the sector as a whole, as we have four more homebuilders reporting this week.

Domino's Pizza
Domino's Pizza Group brought us the same story, with the share price falling 2.2% after the company released strong results. A 12.8% rise in sales to 598.6 million pounds led to a record pre-tax profit of 46.7 million pounds, up 10.8%. U.K. like-for-like sales in mature stores gained 5%.

A 14% rise in pre-exceptional earnings per share enabled the company to lift its full-year dividend by 17.9% to 14.5 pence per share for a yield of 2.8%.

What's the best way to deal with share price falls? One way is to focus on dividends, which can be spent or reinvested according to your needs. Whether you're investing for income or growth, good old cash is always welcome. And that's why I recommend the brand-new Fool report "The Motley Fool's Top Income Share For 2013," in which our top analysts identify a share that they believe will provide handsome dividend income for years to come. But it will only be available for a limited period, so click here to get your copy today.

The article 3 Shares the FTSE 100 Beat Today originally appeared on Fool.com.

Alan does not own any shares mentioned in this article. The Motley Fool has a disclosure policy.We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement