When this FTSE 100 share drops below £16, its dividend yield rises above 5%. Today, it's slid below £15.50, making me a buyer once again.
This £13bn FTSE 100 company pays one of the market's highest (and safest) dividends. What's more, I think it's a bombproof business.
London stocks were set for a slightly weaker open on Thursday as the Bank of England stood pat on interest rates and warned that unemployment will remain high.
After a fairly strong trading update, this FTSE 100 stock has reinstated its dividend. Stuart Blair looks at why it's the ideal time to buy!