a FTSE 250 publisher and event organiser, is one of my smaller legacy holdings - as it was not bought on yield grounds I have excluded it up to now from the DIY Income Investor
It has fared poorly since purchase, so has not been a good investment. What is more, today its share price has just dropped nearly 15% - on no obvious news that I can identify. However, paradoxically, this means that the yield on Centaur Media has increased substantially; following today's price fall the yield is now running at over 7% - bringing it firmly into high-yield territory.
So, is this one to shun or take a shine to?