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        <title>Bunzl Plc (LSE:BNZL) Share Price, History, &amp; News | The Twelfth Magpie</title>
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        <description>Share Tips, Investing and Stock Market News</description>
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	<title>Bunzl Plc (LSE:BNZL) Share Price, History, &amp; News | The Twelfth Magpie</title>
	<link>https://www.twelfthmagpie.com/tickers/lse-bnzl/</link>
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                                <title>A quality FTSE 100 dividend share to buy to lock down a passive income?</title>
                <link>https://www.twelfthmagpie.com/2026/06/03/a-quality-ftse-100-dividend-share-to-buy-to-lock-down-a-passive-income/</link>
                                <pubDate>Wed, 03 Jun 2026 06:01:00 +0000</pubDate>
                <dc:creator><![CDATA[Royston Wild]]></dc:creator>
                		<category><![CDATA[Dividend Shares]]></category>
		<category><![CDATA[Investing Articles]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1693662</guid>
                                    <description><![CDATA[<p>Looking to make a passive income in uncertain times? Consider this FTSE 100 dividend share with 33 years of payout growth!</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/06/03/a-quality-ftse-100-dividend-share-to-buy-to-lock-down-a-passive-income/">A quality FTSE 100 dividend share to buy to lock down a passive income?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
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<p class="wp-block-paragraph">Could dividend forecasts from <strong>FTSE 100</strong> shares be in danger of a sharp downgrade? It&#8217;s something investors need to seriously think about as the Middle East crisis rolls on. The impact of soaring energy prices on company earnings &#8212; and inflation and economic growth &#8212; could be significant.</p>



<p class="wp-block-paragraph">If you need <a href="https://www.fool.co.uk/investing-basics/how-shares-are-taxed-2/how-dividends-are-taxed/">dividen</a><a href="https://www.fool.co.uk/investing-basics/how-shares-are-taxed-2/how-dividends-are-taxed/" target="_blank" rel="noreferrer noopener">d</a><a href="https://www.fool.co.uk/investing-basics/how-shares-are-taxed-2/how-dividends-are-taxed/">s</a> to fund your retirement, you could be in big trouble. Investors who hold income stocks to reinvest their dividends for portfolio growth might also feel some pain.</p>



<p class="wp-block-paragraph">I myself buy FTSE 100 stocks for passive income. But I&#8217;m keeping my cool. Why? There are stacks of top dividend shares I&#8217;m confident will keep paying large and growing cash rewards regardless of broader pressures.</p>



<p class="wp-block-paragraph">Here is just one passive income hero to consider today.</p>



<h2 id="h-dividend-growth" class="wp-block-heading">Dividend growth</h2>



<p class="wp-block-paragraph"><strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>) has a stunning 33 straight years of dividend growth behind it. For 2026, its <a href="https://www.fool.co.uk/investing-basics/how-to-value-shares/dividend-yield/" id="https://www.fool.co.uk/investing-basics/how-to-value-shares/dividend-yield/" target="_blank" rel="noreferrer noopener">dividend yield</a> is 3.2%, fractionally above the FTSE 100 average.</p>



<p class="wp-block-paragraph">So what makes Bunzl such a dividend hero? It has a highly defensive business model, supplying a range of everyday products from food packaging and medical gloves, through to cleaning supplies and industrial safety gear, all over the globe.</p>



<p class="wp-block-paragraph">All very boring, you might say. But I love boring in this case &#8212; selling everyday essentials gives it excellent earnings visibility and robust cash flows, the lifeblood of any successful dividend stock.</p>



<h2 id="h-what-else" class="wp-block-heading">What else?</h2>



<p class="wp-block-paragraph">There&#8217;s another big advantage to Bunzl&#8217;s excellent cash generation. It underpins the firm&#8217;s acquisition-based growth strategy. In the last 22 years it&#8217;s made 230 acquisitions, delivering robust long-term earnings growth that&#8217;s supported Bunzl&#8217;s proud dividend record.</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p class="wp-block-paragraph"><em>Since 2004, Bunzl has committed £6.2bn in acquisitions to support a growth strategy that has delivered an annual adjusted earnings per share CAGR of c.9%, and has also returned £3.1bn to shareholders through dividends and share buybacks.</em></p>



<p class="wp-block-paragraph">Richard Howes, chief financial officer</p>
</blockquote>



<p class="wp-block-paragraph">The problem is Bunzl&#8217;s under the cosh right now due to rare pressure in North America, its single largest market. Sales and margins have fallen, and conditions could remain tough if inflationary pressures persist.</p>



<p class="wp-block-paragraph">Yet, I&#8217;m confident Bunzl&#8217;s share price will recover. And, in the meantime, investors can likely continue enjoying a growing and above-average dividend.</p>



<h2 id="h-how-so" class="wp-block-heading">How so?</h2>



<p class="wp-block-paragraph">Dividends are never, ever guaranteed. But for the next two years, predicted earnings cover expected dividends between 1.9 and 2 times. This is widely in line with dividend cover of two times that investors seek out, providing a margin of error if profits are blown off course.</p>



<p class="wp-block-paragraph">Bunzl&#8217;s strong balance sheet also provides flexibility for it to keep growing dividends. As well as enjoying resilient cash flows, the company&#8217;s net debt to EBITDA (earnings before interest, tax, depreciation, and amortisation) ratio is falling at the bottom of its target range of 2 to 2.5 times.</p>



<p class="wp-block-paragraph">City analysts are confident dividends will keep rising over the near term. And so the 3.2% yield for this year moves to 3.3% for 2027. Investors seeking dividend security should give Bunzl shares a close look.<br></p>



<p class="wp-block-paragraph"><h2>Should you invest £5,000 in Bunzl Plc right now?</h2>
<p>When investing expert Mark Rogers and his team have a stock tip, it can pay to listen. After all, the flagship Twelfth Magpie Share Advisor newsletter he has run for nearly a decade has provided thousands of paying members with top stock recommendations from the UK and US markets.</p>
<p>And right now, Mark thinks there are 6 standout stocks that investors should consider buying. Want to see if Bunzl Plc made the list?</p>
<div class="wp-block-custom-block-collection-cta-button">
	<a href="https://www.twelfthmagpie.com/int-free-best-buy-now/" style="background-color:#5fa85d; width:fit-content; display:inline-flex; cursor:pointer; justify-content:center; align-items:center; transition:all 0.3s ease;border-width:0px; border-style:solid; border-color:#000000; border-top-left-radius:4px; border-top-right-radius:4px; border-bottom-right-radius:4px; border-bottom-left-radius:4px; --hover-background-color:#358832; --pressed-background-color:#0cbf06; padding-top:12px; padding-right:24px; padding-bottom:12px; padding-left:24px; margin-top:0px; margin-right:auto; margin-bottom:0px; margin-left:0px" class="custom-cta-button" data-hover-background-color="#358832" data-pressed-background-color="#0cbf06" ><p class="has-white-color has-text-color" style="margin-bottom:0px;padding-bottom:0px;font-style:normal;font-weight:600">See The Six Stocks</p></a>
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<p class="wp-block-paragraph"><em>Royston Wild does not hold any positions in the companies mentioned.</em></p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/06/03/a-quality-ftse-100-dividend-share-to-buy-to-lock-down-a-passive-income/">A quality FTSE 100 dividend share to buy to lock down a passive income?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>Here’s how someone could aim for a million with a handful of shares!</title>
                <link>https://www.twelfthmagpie.com/2026/05/09/auto-draft-7/</link>
                                <pubDate>Sat, 09 May 2026 08:47:39 +0000</pubDate>
                <dc:creator><![CDATA[Christopher Ruane]]></dc:creator>
                		<category><![CDATA[Growth Shares]]></category>
		<category><![CDATA[Investing Articles]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1688806</guid>
                                    <description><![CDATA[<p>Are you a gambler or an investor when it comes to trying to find realistic ways to aim for a million? There are differences, as our writer explains.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/09/auto-draft-7/">Here’s how someone could aim for a million with a handful of shares!</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">How large a stock market portfolio does someone need if they seriously want to try and aim for a million? There is more than one school of thought on the topic.</p>



<p class="wp-block-paragraph">Some people – perhaps from hope rather than experience – have the idea that if they invested a small amount in each of 50, 100 or even more shares, they might strike it lucky.</p>



<p class="wp-block-paragraph">The idea of getting in early on the next <strong>Nvidia</strong> or <strong>Filtronic</strong> can set people’s minds (and calculators) racing when it comes to building serious wealth. But I think a different approach could offer more a less scattershot chance of success.</p>



<h2 class="wp-block-heading" id="h-investing-not-gambling">Investing, not gambling</h2>



<p class="wp-block-paragraph">Of course, if I had bought Nvidia shares early in their journey, I doubt I would now be complaining!</p>



<p class="wp-block-paragraph">But I <a href="https://www.twelfthmagpie.com/investing-basics/how-to-invest-in-shares/how-to-be-a-good-investor/">am an investor, not a gambler</a>. To my mind, putting money into dozens or even hundreds of different shares in the hope that one or two them strike it big seems more like gambling.</p>



<p class="wp-block-paragraph">After all, with such a large portfolio, how could I possibly hope to get to know the ins and outs of individual companies and assess their prospects?</p>



<p class="wp-block-paragraph">While one or two shares could do well – perhaps even spectacularly well – there would likely be a fair number of duds in this approach of trying to cover the waterfront.</p>



<h2 class="wp-block-heading" id="h-zooming-in-on-shares-with-brilliant-prospects">Zooming in on shares with brilliant prospects</h2>



<p class="wp-block-paragraph">That is why I think the smart way for someone to aim for a million is to do less, not more.</p>



<p class="wp-block-paragraph">This can be illustrated quite simply. Over the past five years, the <strong>FTSE 100</strong> index of leading British shares has risen 43%. But someone who bought only the best-performing 20 would have recorded an even stronger performance.</p>



<p class="wp-block-paragraph">Someone who only bought the top five would have done <span style="text-decoration: underline">even</span> better.</p>



<h2 class="wp-block-heading" id="h-setting-realistic-goals">Setting realistic goals</h2>



<p class="wp-block-paragraph">Of course, it is important to be a realistic investor not a daydreamer. Even with a brilliant return, someone who wants to aim for a million has a far quicker chance of success if they start with, say, £200k than if they start with £1k. I say “<em>start with</em>”, but <a href="https://www.twelfthmagpie.com/investing-basics/getting-started-in-investing/the-benefits-of-regular-investment/">that could be money they drip feed in over time</a>.</p>



<p class="wp-block-paragraph">But there is another big challenge here. Looking back over the past five years with the benefit of hindsight, anyone can see what shares did brilliantly.</p>



<p class="wp-block-paragraph">But looking forward – as we must as investors – deciding what shares look most promising is a question of informed judgement, not fact.</p>



<h2 class="wp-block-heading" id="h-hunting-for-the-right-indicators">Hunting for the right indicators</h2>



<p class="wp-block-paragraph">I am hanging on to my <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE: BNZL</a>) shares because I hope they can do very well in the coming five years, whereas in the past five Bunzl’s share price gain of 2% lags far behind the FTSE 100.</p>



<p class="wp-block-paragraph">There will be challenges. Inflation eating into profit margins is one, due to Bunzl’s complex global supply chain and the role of petrochemicals in producing some of its catering disposables like cutlery. High oil prices could hurt.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="" data-end-date="" data-comparison-value=""></div>



<p class="wp-block-paragraph">But the company has honed its business model over decades (and grown its dividend per share each year for decades too).</p>



<p class="wp-block-paragraph">It benefits from a large customer base with regular needs for items from loo rolls to food trays. It has substantial economies of scale and aims to keep growing.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/09/auto-draft-7/">Here’s how someone could aim for a million with a handful of shares!</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>Here&#8217;s the dividend yield I get from my Stocks and Shares ISA</title>
                <link>https://www.twelfthmagpie.com/2026/05/09/heres-the-dividend-yield-i-get-from-my-stocks-and-shares-isa/</link>
                                <pubDate>Sat, 09 May 2026 06:06:00 +0000</pubDate>
                <dc:creator><![CDATA[Stephen Wright]]></dc:creator>
                		<category><![CDATA[Growth Shares]]></category>
		<category><![CDATA[Investing Articles]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1688847</guid>
                                    <description><![CDATA[<p>Reinvesting at a high rate of return in a Stocks and Shares ISA is a great way to build long-term wealth. But what are the numbers that matter?</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/09/heres-the-dividend-yield-i-get-from-my-stocks-and-shares-isa/">Here&#8217;s the dividend yield I get from my Stocks and Shares ISA</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">I worked out the dividend yield on my Stocks and Shares ISA recently. Overall, it comes in at 1.81%, which might be a surprise. That’s unlikely to excite passive income investors.</p>



<p class="wp-block-paragraph">But there’s a very good reason why I’m not chasing a higher yield in my portfolio.</p>



<h2 class="wp-block-heading" id="h-why-s-the-yield-so-low">Why&#8217;s the yield so low?</h2>



<p class="wp-block-paragraph">In general, the stocks I own in my ISA don&#8217;t have huge dividend yields. But that&#8217;s not because they aren&#8217;t making money – they are.&nbsp;</p>



<p class="wp-block-paragraph">Rather than returning that cash to shareholders though, the businesses retain it internally. And I&#8217;m generally a big fan of them doing this. </p>



<p class="wp-block-paragraph">To see why, think about what happens to the cash retained by a company. It doesn&#8217;t go to the CEO or get spent on the staff Christmas party. Instead, it gets invested by the business. And it can be used to open new sites, develop products, or even acquire other firms.</p>



<p class="wp-block-paragraph">Importantly, these can generate better returns than I can find in the <a href="https://www.twelfthmagpie.com/investing-basics/understanding-the-market/what-is-the-stock-market-and-how-does-it-work/">stock market</a>. So it&#8217;s better for me if they use their cash internally.&nbsp;</p>



<h2 class="wp-block-heading" id="h-an-example">An example</h2>



<p class="wp-block-paragraph">A good example is <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>). The company does pay a dividend, but it&#8217;s what happens with the rest of its net income that I&#8217;m interested in.&nbsp;</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="2021-05-09" data-end-date="2026-05-09" data-comparison-value=""></div>



<p class="wp-block-paragraph">The firm uses the cash it retains to finance its growth. And a big part of this is buying other businesses that can expand its operation.&nbsp;</p>



<p class="wp-block-paragraph">There are always risks with investing. And one is the danger of paying too much to acquire a new business. As with any investment, it&#8217;s impossible to eliminate the risk entirely. But there are some key metrics to pay attention to.</p>



<p class="wp-block-paragraph">One of these is the return on capital employed. This measures how much profit the firm is generating relative to the cash it retains.</p>



<h2 class="wp-block-heading" id="h-what-to-look-for-nbsp">What to look for&nbsp;</h2>



<p class="wp-block-paragraph">There are a couple of things to note about Bunzl’s returns on capital employed. The first is that it&#8217;s consistently been pretty high.</p>



<div class="wp-block-getwid-image-box has-text-center has-mobile-layout-default has-mobile-alignment-default"><div class="wp-block-getwid-image-box__image-container is-position-top"><div class="wp-block-getwid-image-box__image-wrapper"><img fetchpriority="high" decoding="async" width="1200" height="851" src="https://www.twelfthmagpie.com/wp-content/uploads/2026/05/Bunzl_plc_BNZL-1200x851.jpg" alt="" class="wp-block-getwid-image-box__image wp-image-1688900" /></div></div><div class="wp-block-getwid-image-box__content">
<p class="has-p-small-font-size wp-block-paragraph"><em>Source: Fiscal.ai</em></p>
</div></div>



<p class="wp-block-paragraph">In recent years, the metric&#8217;s been well above 12%. And it isn&#8217;t easy to find that kind of return in the stock market elsewhere right now. </p>



<p class="wp-block-paragraph">The metric&#8217;s fallen in recent years. A big part of this is deflationary pressures following the pandemic lasting longer than expected.</p>



<p class="wp-block-paragraph">Those however, look largely temporary to me. And I think Bunzl has a lot of scope for future acquisition growth still to come. A highly fragmented market means a large number of potential targets. And I expect the firm to make the most of this.</p>



<h2 class="wp-block-heading" id="h-building-wealth">Building wealth</h2>



<p class="wp-block-paragraph">Building wealth involves compounding returns at high rates over a long time. But while reinvesting dividends is one way of doing this, I don’t think it’s my best way. By reinvesting dividends, I think I can manage a return of around 7%. That&#8217;s not bad, but it&#8217;s well short of what the likes of Bunzl achieve.</p>



<p class="wp-block-paragraph">Despite some recent difficulties, the firm&#8217;s still earning over 12% on its capital. And that&#8217;s the number that matters to me, not the dividend yield.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/09/heres-the-dividend-yield-i-get-from-my-stocks-and-shares-isa/">Here&#8217;s the dividend yield I get from my Stocks and Shares ISA</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>Do ISA investors have a once-in-a-decade chance to buy beaten-down UK growth stocks?</title>
                <link>https://www.twelfthmagpie.com/2026/05/01/do-isa-investors-have-a-once-in-a-decade-chance-to-buy-beaten-down-uk-growth-stocks/</link>
                                <pubDate>Fri, 01 May 2026 06:29:00 +0000</pubDate>
                <dc:creator><![CDATA[Harvey Jones]]></dc:creator>
                		<category><![CDATA[Investing Articles]]></category>
		<category><![CDATA[Value Shares]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1684792</guid>
                                    <description><![CDATA[<p>Harvey Jones can see plenty of FTSE 100 growth stocks trading at similar levels to 10 years ago. It looks like an exciting time to go bargain-hunting.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/01/do-isa-investors-have-a-once-in-a-decade-chance-to-buy-beaten-down-uk-growth-stocks/">Do ISA investors have a once-in-a-decade chance to buy beaten-down UK growth stocks?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">If you’re looking to buy growth stocks for your ISA, it’s always nice to pick them up at a discount. Future gains start from a lower base, and dividend yields are often higher too. So do we have that opportunity today? I think we do.</p>



<p class="wp-block-paragraph">To my surprise, the stock market hasn&#8217;t crashed on events in Iran. The <strong>FTSE 100</strong> hit at an all-time high of 10,910 on 27 February, shortly before the bombing began. Yesterday (30 April), it traded a modest 6% lower at around 10,260. I&#8217;d have expected more. There&#8217;s still time.</p>



<p class="wp-block-paragraph">Dig down and plenty of individual FTSE 100 stocks have taken a much bigger beating. UK housebuilders are trading near 10-year lows, as rising oil prices threaten to push up mortgage rates. But the weakness is broader than that. <strong>Autotrader</strong>, <strong>Croda</strong>, <strong>Diageo</strong>, <strong>Entain</strong>, <strong>Intertek</strong>, <strong>Legal &amp; General</strong>, <strong>Reckitt</strong>, <strong>Rightmove</strong>, <strong>Smith &amp; Nephew</strong> and <strong>Vodafone</strong> are all trading at similar levels to a decade ago.</p>



<h2 class="wp-block-heading" id="h-should-i-go-shopping-for-cheap-shares">Should I go shopping for cheap shares?</h2>



<p class="wp-block-paragraph">Their struggles stem from a variety of factors, not just geopolitics. Whatever the reason, they&#8217;re quality businesses that have been marked down significantly. Is this the right time to snap them up?</p>



<p class="wp-block-paragraph">As energy shortages loom, I suspect markets will remain <a href="https://www.twelfthmagpie.com/investing-basics/understanding-the-market/what-is-market-volatility/">volatile</a> for a while yet. The key is to take advantage of short-term dips, then hold for the long-term, to give them time to recover.</p>



<p class="wp-block-paragraph">The stock market is inherently unpredictable. If the Strait of Hormuz reopens, the FTSE 100 could just as easily rocket towards 11,000 in May. If investors wait to catch the very bottom of the market, they&#8217;ll never buy shares at all. And why hang around when they are bargains out there today? Like distribution and outsourcing specialist <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE: BNZL</a>).</p>



<p class="wp-block-paragraph">I&#8217;d been desperate to buy it for years, waiting for a pull back to provide a more attractive entry point. Last year, I finally got it.</p>



<p class="wp-block-paragraph">Bunzl supplies businesses with essential items such as safety and hygiene equipment, packaging, chemicals and protective gear. It’s not the most glamorous business, but management&#8217;s delivered impressive growth through an aggressive acquisition strategy, often buying up to a dozen companies globally each year.</p>



<h2 class="wp-block-heading" id="h-why-wait-when-a-stock-s-this-tempting">Why wait when a stock&#8217;s this tempting?</h2>



<p class="wp-block-paragraph">The company also boasts a quite exceptional <a href="https://www.twelfthmagpie.com/personal-finance/share-dealing/guides/should-i-buy-growth-or-income-shares/">dividend track record</a>, increasing its payout annually for more than three decades. So when the Bunzl share price crashed by a third in March last year, following a profit warning linked to weaker US sales and tariff pressures, I didn&#8217;t hang around. I bought it three times last year.</p>



<p class="wp-block-paragraph">Beaten-down stocks rarely rebound overnight. Bunzl’s share price has been broadly flat over the past year, but now it&#8217;s showing signs of real progress. It jumped 17% jump in April. Yet the valuation remains reasonable, with a price-to-earnings ratio of 13.4. The trailing dividend yield is a solid 3.1%.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="" data-end-date="" data-comparison-value=""></div>



<p class="wp-block-paragraph">There are risks, of course. A global slowdown could derail Bunzl&#8217;s recovery, and US tariffs remain a worry. But with the shares still trading at 2016 levels, I think it&#8217;s well worth considering today. I can see plenty more compelling opportunities out there.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/05/01/do-isa-investors-have-a-once-in-a-decade-chance-to-buy-beaten-down-uk-growth-stocks/">Do ISA investors have a once-in-a-decade chance to buy beaten-down UK growth stocks?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>How much do I need in a Stocks and Shares ISA to target a £13,400 annual income?</title>
                <link>https://www.twelfthmagpie.com/2026/04/19/how-much-do-i-need-in-a-stocks-and-shares-isa-to-target-a-13400-annual-income/</link>
                                <pubDate>Sun, 19 Apr 2026 07:46:00 +0000</pubDate>
                <dc:creator><![CDATA[Stephen Wright]]></dc:creator>
                		<category><![CDATA[Investing Articles]]></category>
		<category><![CDATA[Value Shares]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1677524</guid>
                                    <description><![CDATA[<p>£13,400 is the minimum required income for retirement. But how big does a Stocks and Shares ISA need to be to provide that for an investor?</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/19/how-much-do-i-need-in-a-stocks-and-shares-isa-to-target-a-13400-annual-income/">How much do I need in a Stocks and Shares ISA to target a £13,400 annual income?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">I&#8217;m planning to use my Stocks and Shares ISA to help fund my retirement. But how much do I need to invest to get there?</p>



<p class="wp-block-paragraph">According to the Retirement Living Standards for 2025/26, a single person needs at least £13,400 a year. So that&#8217;s the first target.</p>



<h2 class="wp-block-heading" id="h-dividends-nbsp">Dividends&nbsp;</h2>



<p class="wp-block-paragraph">The <strong>FTSE 100 </strong>has an average <a href="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/dividend-yield/">dividend yield</a> of around 3.2%. So earning £13,400 a year requires a £418,750 portfolio. Contribution limits mean nobody can put that much in an ISA in one go. But there are ways to get there over time.</p>



<p class="wp-block-paragraph">Investing £250 a month is one way. At a 9% annual return, that compounds to more than £418,750 in less than 30 years.</p>



<p class="wp-block-paragraph">It&#8217;s worth factoring in the effects of <a href="https://www.twelfthmagpie.com/personal-finance/your-money/guides/what-is-inflation/">inflation</a> over time. But it&#8217;s hard to think of a better strategy for long-term returns. The obvious question is where to find a 9% return opportunity? But I don&#8217;t think investors need to look beyond the <strong>FTSE 100</strong>.</p>



<p class="wp-block-paragraph"><em>Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.</em>&nbsp;</p>



<h2 class="wp-block-heading" id="h-9-returns">9% returns?</h2>



<p class="wp-block-paragraph">One stock I own is <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>), the distributor of packaging, cleaning supplies, and safety equipment.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="2021-04-19" data-end-date="2026-04-19" data-comparison-value=""></div>



<p class="wp-block-paragraph">The company has an enterprise value of £9.9bn. And it generated £578m in <a href="https://www.twelfthmagpie.com/investing-basics/understanding-company-accounts/the-cash-flow-statement/">free cash</a> in 2025 (down from £634m in 2024). As a result, the stock&#8217;s fallen 29% since the start of 2025. But I think it looks interesting at today&#8217;s prices. </p>



<p class="wp-block-paragraph">The <a href="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/the-gordon-growth-model/">Gordon Growth Model</a> helps investors value stocks like Bunzl. On this basis, I think it looks cheap. At today&#8217;s prices, a 9% annual return requires 3% growth a year. And I think that&#8217;s highly achievable.</p>



<h2 class="wp-block-heading" id="h-growth-prospects-nbsp">Growth prospects&nbsp;</h2>



<p class="wp-block-paragraph">In general, companies have three ways of growing their free cash flows on a per-share basis:</p>



<ol class="wp-block-list">
<li>Higher sales.</li>



<li>Wider margins.</li>



<li>Share buybacks.</li>
</ol>



<p class="wp-block-paragraph"></p>



<p class="wp-block-paragraph">I think all three might be realistic for Bunzl over the next few years.</p>



<p class="wp-block-paragraph"><a href="https://www.twelfthmagpie.com/investing-basics/understanding-the-market/takeovers-and-mergers/">Acquisitions</a> are a big part of the firm’s revenue growth. It has an outstanding record and a lot of future potential.</p>



<p class="wp-block-paragraph">Margins are less obvious. But Bunzl&#8217;s looking to shift customers to its own-branded products with a view to boosting profitability.</p>



<p class="wp-block-paragraph">Buybacks have been stop-start in the last year. Despite this, the firm reduced its share count by about 1%.</p>



<p class="wp-block-paragraph">Ultimately, I think Bunzl&#8217;s a cheap stock with numerous growth opportunities. But as with any stock, there are risks.</p>



<h2 class="wp-block-heading" id="h-risks">Risks</h2>



<p class="wp-block-paragraph">In terms of revenue growth, the biggest threat recently has been price deflation. This comes from two sources. One is lower input costs, which Bunzl&#8217;s obliged to pass on to customers.</p>



<p class="wp-block-paragraph">And the other is competition. That could offset the effect of some of Bunzl&#8217;s acquisitions. So revenue growth won&#8217;t be entirely straightforward.</p>



<p class="wp-block-paragraph">On top of this, the firm has had issues with shifting customers to its own-branded products. This was a challenge in 2025.</p>



<p class="wp-block-paragraph">All of these are reasons why the stock isn&#8217;t too good to be true. But I think it has a good chance of hitting that 3% growth target.</p>



<h2 class="wp-block-heading" id="h-opportunities-nbsp">Opportunities&nbsp;</h2>



<p class="wp-block-paragraph">Bunzl&#8217;s free cash flow yield is just under 6%. The question is whether management can turn that into 3% annual growth. I think they can. It&#8217;s been a tough 12 months, but the business isn&#8217;t in structural decline.</p>



<p class="wp-block-paragraph">Bunzl&#8217;s already a big part of my ISA. But at today&#8217;s prices, I find it hard to think of a FTSE 100 stock I&#8217;d like more of when I have cash to spare.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/19/how-much-do-i-need-in-a-stocks-and-shares-isa-to-target-a-13400-annual-income/">How much do I need in a Stocks and Shares ISA to target a £13,400 annual income?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>Is it too late to start investing in your 50s?</title>
                <link>https://www.twelfthmagpie.com/2026/04/19/is-it-too-late-to-start-investing-in-your-fifties/</link>
                                <pubDate>Sun, 19 Apr 2026 07:11:00 +0000</pubDate>
                <dc:creator><![CDATA[Christopher Ruane]]></dc:creator>
                		<category><![CDATA[Investing Articles]]></category>
		<category><![CDATA[Investing For Beginners]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1677648</guid>
                                    <description><![CDATA[<p>By the time you reach your fifties, have the golden years of investment opportunity passed you by -- or could it still make sense to start investing?</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/19/is-it-too-late-to-start-investing-in-your-fifties/">Is it too late to start investing in your 50s?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">Have you ever thought to yourself, “<em>if I had decided to start investing early in life, I could already have built a lot more wealth than I have?</em>”</p>



<p class="wp-block-paragraph">If so, you are not alone. <a href="https://www.twelfthmagpie.com/investing-basics/getting-started-in-investing/foolish-investing-taking-the-long-term-approach/">Investing over the long term</a> can help people as they try to build wealth, so starting earlier can help.</p>



<p class="wp-block-paragraph">The good news, though, is that it is never too late to start investing. Someone in their fifties who wants to build up a pot of extra funds before they retire <span style="text-decoration: underline">still</span> has time.</p>



<h2 class="wp-block-heading" id="h-time-matters-but-it-s-not-the-only-factor-in-successful-investing">Time matters – but it’s not the only factor in successful investing</h2>



<p class="wp-block-paragraph">While the timeframe over which one invests is important, so are other things.</p>



<p class="wp-block-paragraph">How much one invests is important too. So does what it is invested in.</p>



<p class="wp-block-paragraph">By investing more not less (within what they can comfortably afford) and paying close attention to the quality of shares they buy and price they pay for them, an investor in their fifties might not be able to do as well as they could have if they had begun decades earlier – but they can close a lot of the gap.</p>



<h2 class="wp-block-heading" id="h-going-for-gold">Going for gold</h2>



<p class="wp-block-paragraph">Say, for example, that somebody aged 52 starts to put the <a href="https://www.twelfthmagpie.com/personal-finance/share-dealing/guides/what-is-the-isa-allowance/">maximum annual contribution</a> into their <a href="https://www.twelfthmagpie.com/personal-finance/share-dealing/stocks-and-shares-isa/">Stocks and Shares ISA</a>. For most investors that is £20k per year. Then, imagine they compound their ISA value at 8% annually.</p>



<p class="wp-block-paragraph"><em>Please note that tax treatment depends on the individual circumstances of each client and may be subject to change in future. The content in this article is provided for information purposes only. It is not intended to be, neither does it constitute, any form of tax advice. Readers are responsible for carrying out their own due diligence and for obtaining professional advice before making any investment decisions.</em></p>



<p class="wp-block-paragraph">Currently, a 52-year old is likely to reach State Pension age at 67. That may rise in future, but sticking with that timeline means someone has 15 years in which to compound their annual contribution, before they retire.</p>



<p class="wp-block-paragraph">By 67, their ISA ought to be worth around £<span style="text-decoration: underline">543k</span>.</p>



<p class="wp-block-paragraph">In this example, I presume they then stop the contributions. But what if they simply continued them? </p>



<p class="wp-block-paragraph">By 70, the portfolio should be worth around £<span style="text-decoration: underline">749k </span>– and by 80, around £<span style="text-decoration: underline">1.9m</span>.</p>



<p class="wp-block-paragraph">Remember – that is for someone who, in their early fifties today, does not have a penny in their ISA (and maybe does not even have an ISA yet!)</p>



<p class="wp-block-paragraph">Not only do I think it is not too late to start investing in your fifties, I think it can potentially be a lucrative thing to do!</p>



<h2 class="wp-block-heading" id="h-choosing-the-right-shares">Choosing the right shares</h2>



<p class="wp-block-paragraph">In my example I talked about an 8% compound annual growth rate. That can be made up of dividends and share price growth, though prices going down could reduce the return. Dividends are never guaranteed.</p>



<p class="wp-block-paragraph">Such a target is not easy to hit, but I see it as feasible with careful share selection.</p>



<p class="wp-block-paragraph">One share I think investors should consider is janitorial and catering supplies distributor <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE: BNZL</a>). </p>



<p class="wp-block-paragraph">Down 6% over five years, the share price now looks like good value to me. Bunzl offers a 3.2% yield and has grown its dividend per share annually for decades.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="" data-end-date="" data-comparison-value=""></div>



<p class="wp-block-paragraph">The share has fallen because of uneven performance in the company’s US business. Another risk is higher oil prices hurting profit margins on plastic items like disposable spoons.</p>



<p class="wp-block-paragraph">Still, Bunzl has spent decades building a multinational business with economies of scale. It has a well-honed business model, large customer base, and attractively comprehensive offering for customers.</p>



<p class="wp-block-paragraph">Over the long term, I expect the business to do well. I hope that will be reflected both in the share price and further dividend growth.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/19/is-it-too-late-to-start-investing-in-your-fifties/">Is it too late to start investing in your 50s?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>3 FTSE shares with many years of consecutive dividend growth</title>
                <link>https://www.twelfthmagpie.com/2026/04/16/3-ftse-shares-with-many-years-of-consecutive-dividend-growth/</link>
                                <pubDate>Thu, 16 Apr 2026 15:00:00 +0000</pubDate>
                <dc:creator><![CDATA[Paul Summers]]></dc:creator>
                		<category><![CDATA[Dividend Shares]]></category>
		<category><![CDATA[Investing Articles]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1676921</guid>
                                    <description><![CDATA[<p>Paul Summers picks out a selection of FTSE shares that have offered passive income seekers consistency for quite a long time.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/16/3-ftse-shares-with-many-years-of-consecutive-dividend-growth/">3 FTSE shares with many years of consecutive dividend growth</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">It&#8217;s tempting to assume that income investors should always prioritise buying FTSE stocks with massive yields. However, there are times when shooting for a smaller payout could make more sense. An example would be if the company has shown great form when it comes growing dividends over many years.</p>



<h2 class="wp-block-heading" id="h-boring-but-brilliant">Boring but brilliant</h2>



<p class="wp-block-paragraph">International distribution and services specialist <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE: BNZL</a>) is one candidate to consider. The items it handles &#8212; think food packaging and cleaning supplies &#8212; won&#8217;t set the pulse racing. But it&#8217;s partly because these things are essential that management has been able to keep raising the dividend year after year.</p>



<p class="wp-block-paragraph">That said, existing investors will be wanting to forget 2025. Weaker demand in its biggest market (North America) pushed many to the exits. By the end of December, the share price had fallen by 40% or so.</p>



<p class="wp-block-paragraph">But if there&#8217;s one good thing to come from all this, it&#8217;s that Bunzl shares are currently cheaper than usual. A <a href="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/pe-ratio/" id="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/pe-ratio/">price-to-earnings (P/E) ratio</a> of 13 is significantly below the firm&#8217;s five-year average P/E of 19. And those dividends? Unless trading falls through the floor, the 3.4% income looks safe for now. </p>



<p class="wp-block-paragraph">This stock probably won&#8217;t recover in value quickly, especially if cost inflation keeps shrinking margins.</p>



<p class="wp-block-paragraph">However, as a more-reliable-than-most source of <a href="https://www.twelfthmagpie.com/investing-basics/getting-started-in-investing/passive-income-ideas/" id="https://www.twelfthmagpie.com/investing-basics/getting-started-in-investing/passive-income-ideas/">passive income</a>, I think it takes some beating.</p>



<h2 class="wp-block-heading" id="h-steady-income">Steady income</h2>



<p class="wp-block-paragraph">Getting exposure to a utility stock or two is also worth pondering. Yes, we know that cash distributions by any company can never be guaranteed. But the beauty of firms in this part of the market is that their business models are stable and earnings are relatively predictable.</p>



<p class="wp-block-paragraph">This is why my second pick is water firm <strong>United Utilities</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-uu/">LSE: UU</a>). </p>



<p class="wp-block-paragraph">Like Bunzl, United has been raising its dividend for multiple years. We&#8217;re not talking explosive growth &#8212; an average of 4% every year, in line with inflation. But I reckon most income investors would prefer consistency over the former.</p>



<p class="wp-block-paragraph">Right now, the forecast <a href="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/dividend-yield/" id="https://www.twelfthmagpie.com/investing-basics/how-to-value-shares/dividend-yield/">dividend yield</a> for FY27 stands at 4.1%. That&#8217;s solid if not exactly flashy. It&#8217;s also more than someone would get from owning a <strong>FTSE 100</strong> tracker. In direct contrast to Bunzl, United&#8217;s share price has also been rising very nicely in recent times (+24% in the last year).</p>



<p class="wp-block-paragraph">Risks here include the tight leash of the regulator and high debt due to huge capital expenditure requirements. But these are par for the course in this space.</p>



<h2 class="wp-block-heading" id="h-ftse-dividend-growth-star">FTSE dividend growth star</h2>



<p class="wp-block-paragraph">A final example of a company with a great track record for raising dividends is wealth manager <strong>Rathbones</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-rat/">LSE: RAT</a>). </p>



<p class="wp-block-paragraph">Supported by high margins and the fairly recent merger with the UK arm of <strong>Investec</strong>, the growth rate here averages out at around 6%–7% per year. What&#8217;s more, analyst projections have it yielding 5.1% this year.</p>



<p class="wp-block-paragraph">However, Rathbones isn&#8217;t a nailed-on winner. A market crash could see clients pulling their money out, leading to a reduction in fees and eventual profit. That could slow future dividend growth and might even lead to a cut. Even in good times, the £2.3bn cap operates in a competitive industry.</p>



<p class="wp-block-paragraph">But that is precisely why I&#8217;ve made sure that all three mentioned here work in different sectors. In theory, spreading money around the market in this way makes it less likely that the income stream will ever dry up completely. </p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/16/3-ftse-shares-with-many-years-of-consecutive-dividend-growth/">3 FTSE shares with many years of consecutive dividend growth</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>1 FTSE 100 stock that could benefit from higher inflation</title>
                <link>https://www.twelfthmagpie.com/2026/04/04/1-ftse-100-stock-that-could-benefit-from-higher-inflation/</link>
                                <pubDate>Sat, 04 Apr 2026 07:46:00 +0000</pubDate>
                <dc:creator><![CDATA[Stephen Wright]]></dc:creator>
                		<category><![CDATA[Growth Shares]]></category>
		<category><![CDATA[Investing Articles]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1670253</guid>
                                    <description><![CDATA[<p>For most companies, inflation is a risk. But for one FTSE 100 firm, higher input costs could be an opportunity for higher sales and greater profits.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/04/1-ftse-100-stock-that-could-benefit-from-higher-inflation/">1 FTSE 100 stock that could benefit from higher inflation</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
]]></description>
                                                                                            <content:encoded><![CDATA[
<p class="wp-block-paragraph">Three of the four largest investments in my Stocks and Shares ISA are from the <strong>FTSE 100</strong>. And one of them is not like the others.&nbsp;</p>



<p class="wp-block-paragraph">For most companies, the cost of the products they sell rising is a bad thing. But in this case, it&#8217;s actively helpful for revenue growth.</p>



<h2 class="wp-block-heading" id="h-inflation">Inflation</h2>



<p class="wp-block-paragraph">Most of the time, <a href="https://www.twelfthmagpie.com/personal-finance/your-money/guides/what-is-inflation/">inflation</a> is a nuisance for businesses. Rising costs create a difficult dilemma for management teams.</p>



<p class="wp-block-paragraph">Other things being equal, doing nothing leads to lower profits. But increasing prices to maintain margins risks losing customers. Some rely on switching costs to pass on the effect of higher costs. Others hold down prices and aim to offset these with sales growth.</p>



<p class="wp-block-paragraph">There are examples of great businesses on each side. And in my Stocks and Shares ISA, I own companies of both types.</p>



<p class="wp-block-paragraph">One FTSE 100 name, though, has an unusual inflation strategy. That&#8217;s <strong>Bunzl </strong>(<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>) – a distributor of consumables.</p>



<h2 class="wp-block-heading" id="h-cost-plus">Cost-plus</h2>



<p class="wp-block-paragraph">Bunzl sells things like packaging, cleaning supplies, and safety equipment. A lot of the time, it does so on a &#8216;cost-plus&#8217; basis. </p>



<p class="wp-block-paragraph">That means its pricing is a fixed percentage of the cost of the goods it sells. And inflation can actually be helpful in that structure.</p>



<p class="wp-block-paragraph">If costs go up, Bunzl&#8217;s sales prices also increase. And since they&#8217;re a fixed percentage of costs, profits also go up.&nbsp;</p>



<p class="wp-block-paragraph">The bigger challenge is actually the opposite. When commodity prices fall, the firm has to decrease its prices, which can weigh on sales and profits.</p>



<p class="wp-block-paragraph">That&#8217;s what happened in 2025. But it&#8217;s not something that I&#8217;m not concerned about from a <a href="https://www.twelfthmagpie.com/investing-basics/getting-started-in-investing/foolish-investing-taking-the-long-term-approach/">long-term perspective</a>.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="2021-04-04" data-end-date="2026-04-04" data-comparison-value=""></div>



<h2 class="wp-block-heading" id="h-risks-nbsp">Risks&nbsp;</h2>



<p class="wp-block-paragraph">Higher prices on a cost-plus basis can risk losing customers. But Bunzl has two strategies for dealing with this.</p>



<p class="wp-block-paragraph">One is encouraging them to shift to own-brand products. This can weigh on revenues, but it increases the firm&#8217;s margins. In this situation, both parties benefit. Bunzl maintains its profits and its customers spend less on consumables. </p>



<p class="wp-block-paragraph">Another is by offering a unique service. It does this by offering a huge range of products with fast, reliable delivery. That makes switching difficult for customers. And Bunzl reinforces this strength by acquiring other businesses, which increase its scale.</p>



<h2 class="wp-block-heading" id="h-outlook">Outlook</h2>



<p class="wp-block-paragraph">Bunzl is expecting moderate revenue growth in 2026. But it anticipates weaker operating margins, for three main reasons.&nbsp;</p>



<p class="wp-block-paragraph">One is operating costs – energy and staff – are set to be higher. The ongoing conflict in the Middle East isn&#8217;t helping this.</p>



<p class="wp-block-paragraph">Another is the effect of new contract wins. These helped to offset a major loss in 2025, but they weigh on margins in the short term. With input costs looking stable, Bunzl’s cost-plus contracts aren&#8217;t likely to cover this. So there are a few challenges ahead. </p>



<p class="wp-block-paragraph">All of these, though, look like short-term issues to me. And I think the company&#8217;s key competitive strengths are still firmly intact.</p>



<h2 class="wp-block-heading" id="h-look-closer">Look closer</h2>



<p class="wp-block-paragraph">At first sight, Bunzl looks like a business with declining profits and limited sales growth. But there’s more going on than this.</p>



<p class="wp-block-paragraph">Investing well is about seeing beyond short-term macroeconomic challenges. And I think the business is fundamentally strong. The stock is already one of my largest investments. </p>



<p class="wp-block-paragraph">But I’m keeping a close eye on it in as I look to try and balance my portfolio.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/04/04/1-ftse-100-stock-that-could-benefit-from-higher-inflation/">1 FTSE 100 stock that could benefit from higher inflation</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>As the stock market closes in on a correction, where are the buying opportunities?</title>
                <link>https://www.twelfthmagpie.com/2026/03/23/as-the-stock-market-closes-in-on-a-correction-where-are-the-buying-opportunities/</link>
                                <pubDate>Mon, 23 Mar 2026 07:57:00 +0000</pubDate>
                <dc:creator><![CDATA[Stephen Wright]]></dc:creator>
                		<category><![CDATA[Investing Articles]]></category>
		<category><![CDATA[Value Shares]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1664677</guid>
                                    <description><![CDATA[<p>Volatile share prices can bring huge buying opportunities. But which shares offer value with the stock market closer to correction territory?</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/03/23/as-the-stock-market-closes-in-on-a-correction-where-are-the-buying-opportunities/">As the stock market closes in on a correction, where are the buying opportunities?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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<p class="wp-block-paragraph">Stock market volatility has put both the <strong>FTSE 100</strong> and the <strong>S&amp;P 500</strong> close to correction territory. And things aren’t over yet.</p>



<p class="wp-block-paragraph">At times like these, it can pay to be greedy when others are fearful. But where are the opportunities at the moment?</p>



<h2 class="wp-block-heading" id="h-falling-share-prices">Falling share prices</h2>



<p class="wp-block-paragraph">A lot of <strong>FTSE 100 </strong>stocks have fallen sharply in the last month or so. But they don’t jump out at me as buying opportunities.</p>



<p class="wp-block-paragraph">One example is <strong>easyJet</strong>. The firm’s share price is down 24% in the last month, but I think there are good reasons to be wary.</p>


<div class="tmf-chart-singleseries" data-title="Easyjet plc Price" data-ticker="LSE:EZJ" data-range="5y" data-start-date="2021-03-23" data-end-date="2026-03-23" data-comparison-value=""></div>



<p class="wp-block-paragraph">The business is in a tough industry and I can’t see a lasting competitive advantage. So I don’t want to buy the stock just because it’s cheap.</p>



<p class="wp-block-paragraph">Another case is <strong>Anglo American</strong>. I think there’s reason for optimism here, since I can see a positive long-term outlook for <a href="https://www.twelfthmagpie.com/investing-basics/market-sectors/investing-in-copper-stocks-in-the-uk/">copper</a>.</p>


<div class="tmf-chart-singleseries" data-title="Anglo American plc Price" data-ticker="LSE:AAL" data-range="5y" data-start-date="2021-03-23" data-end-date="2026-03-23" data-comparison-value=""></div>



<p class="wp-block-paragraph">The trouble is, the stock isn’t actually all that cheap. Despite a recent fall, it’s still 13% above where it was trading six months ago.&nbsp;</p>



<p class="wp-block-paragraph">The stock is cheaper than it was, but looking past the last month doesn’t suggest an unusual opportunity. So where are the bargains?</p>



<h2 class="wp-block-heading" id="h-flight-to-quality">Flight to quality</h2>



<p class="wp-block-paragraph">Investors are often drawn towards high-quality companies in times of uncertainty. And this is a strategy that makes sense.</p>



<p class="wp-block-paragraph">Strong competitive positions and relatively reliable <a href="https://www.twelfthmagpie.com/investing-basics/understanding-company-accounts/the-cash-flow-statement/">cash flows</a> are valuable when things are tough. That’s why these stocks become attractive.</p>



<p class="wp-block-paragraph">As a result, it’s not necessarily surprising to see <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>) shares up 3% in the last month. The FTSE 100, by comparison, is down 7%.</p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="2021-03-23" data-end-date="2026-03-23" data-comparison-value=""></div>



<p class="wp-block-paragraph">Despite this, a look back at what’s been going on with the stock suggests it might be cheap and worth considering even after its rise. It’s still down 29% from its 52-week high.</p>



<p class="wp-block-paragraph">There’s a lesson here for investors. Even when things are developing fast, it’s important to keep an eye on the bigger picture.</p>



<p class="wp-block-paragraph">A volatile stock market creates eye-catching moves. But that doesn&#8217;t always mean the situation has changed in a big way.</p>



<h2 class="wp-block-heading" id="h-a-unique-proposition-nbsp">A unique proposition&nbsp;</h2>



<p class="wp-block-paragraph">It&#8217;s been a difficult 12 months for Bunzl. Weak demand in the US&nbsp; has been compounded by the company&#8217;s own mistakes.</p>



<p class="wp-block-paragraph">Looking ahead, the threat of stagflation is a real risk. And that&#8217;s what the economic data seems to be indicating right now.</p>



<p class="wp-block-paragraph">The firm, however, has two major advantages. One is the convenience it offers customers, alongside speed and reliability.</p>



<p class="wp-block-paragraph">Bunzl offers customers packaging, cleaning, and safety products in one place. That sets it apart in a competitive industry.</p>



<p class="wp-block-paragraph">A decentralised approach also means economies of scale are supported by local knowledge. And that also makes the firm unique.</p>



<p class="wp-block-paragraph">Moving away from this has caused problems in the last year. But the company has responded quickly and made moves to reverse this.</p>



<h2 class="wp-block-heading" id="h-more-of-the-same-nbsp">More of the same&nbsp;</h2>



<p class="wp-block-paragraph">Big stock market moves are always interesting. And they can provide huge opportunities for investors looking for stocks to buy.</p>



<p class="wp-block-paragraph">The latest one, though, hasn&#8217;t made a big difference to my plans. As I see it, the best value is still where it was before.</p>



<p class="wp-block-paragraph">I&#8217;m open to the idea that something might happen that gives me a reason to change course. But that hasn&#8217;t happened yet.</p>



<p class="wp-block-paragraph">Moving share prices don&#8217;t turn average companies into great ones or the other way around. And that&#8217;s what ultimately matters.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/03/23/as-the-stock-market-closes-in-on-a-correction-where-are-the-buying-opportunities/">As the stock market closes in on a correction, where are the buying opportunities?</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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                                <title>A stock market crash feels like it might be imminent</title>
                <link>https://www.twelfthmagpie.com/2026/03/05/a-stock-market-crash-feels-like-it-might-be-imminent/</link>
                                <pubDate>Thu, 05 Mar 2026 17:06:00 +0000</pubDate>
                <dc:creator><![CDATA[Stephen Wright]]></dc:creator>
                		<category><![CDATA[Investing Articles]]></category>
		<category><![CDATA[Value Shares]]></category>

                <guid isPermaLink="false">https://www.twelfthmagpie.com/?p=1657490</guid>
                                    <description><![CDATA[<p>Conflict in the Middle East means a stock market crash feels like a real possibility right now. But being ready for it might be easier than you think.</p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/03/05/a-stock-market-crash-feels-like-it-might-be-imminent/">A stock market crash feels like it might be imminent</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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<p class="wp-block-paragraph">The thing with stock market crashes is nobody really knows when the next one is coming. But for most investors, this is nothing to be afraid of.</p>



<p class="wp-block-paragraph">Being ready for a stock market crash is a vital part of being a good investor. And it’s probably easier than you might think.&nbsp;</p>



<h2 class="wp-block-heading" id="h-crash-incoming">Crash incoming?</h2>



<p class="wp-block-paragraph">Conflict in the Middle East has been making share prices <a href="https://www.twelfthmagpie.com/investing-basics/understanding-the-market/what-is-market-volatility/">volatile</a> this week. The situation is moving fast and the chance of something major happening suddenly is impossible to rule out.</p>



<p class="wp-block-paragraph">Oil and gas prices have been rising due to supply concerns. And this could get much worse in the event of an extended disruption – or even military action – in the Strait of Hormuz.</p>



<p class="wp-block-paragraph">Equally though, there’s a chance the situation could resolve itself relatively quickly. In that case, prices are likely to come back down and we can all go back to thinking about AI all day.</p>



<p class="wp-block-paragraph">Predicting what happens next is extremely difficult at times like these. But the thing to do is try and build a portfolio that can – eventually – cope with either outcome.</p>



<h2 class="wp-block-heading" id="h-timing-the-market">Timing the market</h2>



<p class="wp-block-paragraph">Buying at the bottom of a stock market crash is a recipe for outstanding long-term success. Unfortunately, <a href="https://www.twelfthmagpie.com/investing-basics/understanding-the-market/when-will-the-stock-market-recover/">nobody really knows when this</a> is until it’s too late.</p>



<p class="wp-block-paragraph">Fortunately though, profiting from falling share prices doesn’t depend on getting the timing dead on. Investors can do incredibly well even if they’re slightly early or slightly late.</p>



<p class="wp-block-paragraph">During the pandemic, the <strong>FTSE 100</strong> fell 30% in a month. But even investors who bought at the <span style="text-decoration: underline">worst</span> time – just before the crash – have still managed a 76% return in six years.</p>



<p class="wp-block-paragraph">Never mind missing the bottom, that’s 10% a year for hitting the top. So investors don’t need to worry about getting the timing right to take advantage of falling share prices.</p>



<h2 class="wp-block-heading" id="h-one-to-watch">One to watch</h2>



<p class="wp-block-paragraph">One stock I’m watching and might consider if it falls further is <strong>Bunzl</strong> (<a class="tickerized-link" href="https://www.twelfthmagpie.com/tickers/lse-bnzl/">LSE:BNZL</a>). The FTSE 100 distributor had a difficult 2025, with earnings per share down 7.7% partly due to a weak trading environment in the US. </p>


<div class="tmf-chart-singleseries" data-title="Bunzl plc Price" data-ticker="LSE:BNZL" data-range="5y" data-start-date="2021-03-05" data-end-date="2026-03-05" data-comparison-value=""></div>



<p class="wp-block-paragraph">If geopolitical tensions make that situation worse, the company might again face challenges in its largest market. And that’s a risk anyone considering the stock has to keep in mind.</p>



<p class="wp-block-paragraph">The firm though, has an big long-term advantage. Its scale means it can get a wider product range to customers faster and more reliably than competitors – and that’s extremely valuable.&nbsp;</p>



<p class="wp-block-paragraph">On top of this, the stock doesn’t look expensive – even at today’s prices. Despite a decline last year, £579m in free cash flows represents an 8% return on a market value of £7.08bn.</p>



<h2 class="wp-block-heading" id="h-investing-strategy">Investing strategy</h2>



<p class="wp-block-paragraph">Being a good investor isn’t about forecasting what the stock market is going to do next. That’s a good thing, since pretty much nobody can actually do that in any kind of reliable way.&nbsp;</p>



<p class="wp-block-paragraph">It is however, about knowing what <span style="text-decoration: underline">might</span> happen and being ready to deal with it. And that’s something investors can do by preparing to buy shares when prices become attractive.</p>



<p class="wp-block-paragraph">The conflict in the Middle East might make share prices fall sharply. But if they do, investors don’t need to time things perfectly – or even well – to have a shot at some great returns.</p>



<p class="wp-block-paragraph"></p>
<p>The post <a href="https://www.twelfthmagpie.com/2026/03/05/a-stock-market-crash-feels-like-it-might-be-imminent/">A stock market crash feels like it might be imminent</a> appeared first on <a href="https://www.twelfthmagpie.com">The Twelfth Magpie</a>.</p>
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