Carillion continues to win work in a rocky environment. At the start of the month Carillion were selected as the preferred bidder for a £335million private partnership project with the Royal Hospital public private partnership project. See news here.
They have also won a £400 million deal in the first phase development of the Battersea Power Station development also.
Carillion is trading at close to 4 year lows at a price of around 252p per share and although they are ex dividend they currently have a yield of around 6.5% with what I view to be a strong dividend policy going forward. I currently hold and have that view for the long term.
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