A dirt-cheap FTSE 250 dividend stock with bigger yields than Lloyds Bank
A dirt-cheap FTSE 250 dividend stock with bigger yields than Lloyds Bank. Regular readers will know that Lloyds Banking Group and its monster dividend yield (which currently sits at a chubby 5.2%) don’t move me in the slightest. I’d much rather buy FTSE 250 income hero 888 Holdings (LSE: 888) because of its superior profits outlooks for the near term and beyond. And oh yes, its forward yields soar above those of Lloyds too. 888 cited recent research from H2 Gambling Capital predicting that the value of the global online gambling industry will swell from $50.8bn in 2018 to $70.3bn within the next five years, reflecting the increased use of mobile devices, better internet connectivity for users, and regulatory changes which are opening up new markets to the online operators. And the FTSE 250 firm is well placed to capitalise on these favourable conditions by bolstering its geographic footprint.