Eureka Correspondence

Monadelphous' dividend

Is any-one following Monadelphous? At current prices, they could halve their dividend and still be paying a grossed up yield of 10 per cent.

I would appreciate thoughts if any member of the team has any.

Paul

Editor's response: Thanks for your letter. Monadelphous is not a stock we cover and we're unable to give personal advice. A complete list of our stock recommendations is available here.

Interactive Brokers

In your story about brokerage for international securities (How to invest in offshore shares, November 18) you don't mention Interactive Brokers, but I believe you should make your readers aware of the firm.

I have used them for years, and they have treated me very well  -  one can buy and sell on many different exchanges through IB  -  their transaction fees are low - they have a number of different platforms, all very similar, but dependant upon which operating system one is using  -  as well the Trader Workstation can be accessed securely through any web browser.

They have deservedly won the Barron's Online Broker review many times over the years.

Ron