How to Buy Rentokil Shares UK

6 Simple Steps to Buying Rentokil Shares

Here is a short step-by-step suggestive guide that can take just a few minutes that you might want to follow if you are looking to buy shares in Rentokil Initial plc.

Step One: Find a Trading Platform

The first step is to find yourself a trading platform. There are now so many trading platforms to choose from, so it can be worth taking some time to browse the available options and find the one that is right for you.

A platform is typically a desktop service, an app, or an online brokerage. This will give traders access to the market.

A key thing to remember is to find a platform that the Financial Conduct Authority properly regulates.

Step Two: Register and Open a New Trading Account

Naturally, the second step is to open a new account. A trading account will let you buy and sell shares.

This can be done through a number of account providers. To register for and open a new account, you will likely need to supply some personal information. This can include a full name, home address, bank details, and National Insurance Number. Be aware that entering incorrect information can make the process longer.

New accounts will need to be verified. The account provider may ask you to supply additional documentation for proof of identity. This may be a passport, driver’s license, or utility bill. Be sure to check with the provider directly on what is applicable.

And just like with finding a suitable trading platform, be sure to set up an account with a provider that is properly regulated by the Financial Conduct Authority or another official regulative body.

Step Three: Depositing Funds into your New Account

In order to buy shares, you are going to need funds in your new account. Once an account has been verified, you should be able to deposit funds to buy Rentokil shares.

Payment methods can vary depending on the platform and/or account you decide to use. Typically, payment methods will include debit and credit card payments or a direct bank transfer. Some will accept eWallet payments from PayPal, Neteller and Skrill.

Be aware that some platforms and account providers may charge withdrawal fees and deposit fees. There is a chance that other fees apply for commission.

Step Four: Search for Rentokil Initial plc Stock Market Code on your Trading Platform

Now you should start to look at Rentokil Initial on your platform. This can be done by searching for the company in the search bar.

Using the company’s ticker should help make things easier and quicker. According to the London Stock Exchange, the Rentokil Initial plc ticker is ‘RTO’.

The stock market ticker can be used to quickly search for the latest information about Rentokil. This will include the current share price, market data, and options to buy or sell shares.

Step Five: Research Rentokil Shares

The fifth step is one of the most important. You will want to take time to conduct some extensive research into a company before you make any financial commitments. This can take some time, but it can make a difference.

Doing research will help you make a more informed decision. Find out information and data about the company and decide whether it is an excellent time to buy, trade or invest in Rentokil.

All shares are likely to change and fluctuate. This can even happen during a single trading day between the usual trading hours. The stock exchange trading hours are between 08:00 and 16:30 GMT.

When you do your research, there will be a lot of information to gather. It can be useful to look at a company’s current stock price, their past performance and previous share prices, market capitalisation, sell prices, potential future results and forecasts, and how much profit the shares could make (potential earnings and dividends). See what other shareholders have to say about the company.

If in doubt, it can be worth seeking out personal advice from a professional or expert in financial services. Seeking investment advice from a professional is likely to cost a little extra.

Step Six: Get Ready to Buy Rentokil Initial Shares

If you have followed the steps, you can now ask yourself whether you are ready to buy Rentokil Initial shares.

Be sure to think carefully about your personal circumstances and what you can afford. Buying, investing and trading in shares/stock is going to put your capital at risk.

A Brief History of Rentokil Initial plc

Rentokil Initial plc was founded in 1925 in Britain as a pest control company. The company has since expanded to offer other services, including facilities management services.

The Rentokil Initial headquarters are based in Camberley in the UK. The company has a primary listing on the London Stock Exchange, where its ticker is RTO. Rentokil Initial is also a component of the FTSE 100 Index. Rentokil Initial is a publicly traded company.

Rentokil Initial has made a number of recent acquisitions across the globe. This includes its most recent acquisition of the US-based company JP Pest Services.

Things to Consider Before Buying Rentokil Initial plc Shares

There are a number of useful factors that I like to take into consideration before jumping straight into buying shares. You could consider some of these factors before buying Rentokil Initial shares.

Research Rentokil Initial Shares

One of the biggest things to do prior to buying, investing, or trading shares is to do your own research. This can be time-consuming, but it can make a difference and help you make an informed decision.

Conducting extensive background research into Rentokil and the company’s stock can be very telling of whether it is an excellent time to buy or invest. It can be worth making the effort.

Research into Rentokil Initial plc might include looking into the company’s previous performance, their past net profits, the current value of the stock, whether they pay dividends, forecasts, and the highest and lowest share prices to date. It can also be worth finding out about companies in the same sector to compare them with Rentokil, whether the company has any business partners and the type of assets they possess and/or offer prospective investors.

If you are unsure about your own research, it can be worth seeking investment advice from a professional or financial expert. This will cost a set fee by the consultant, so only you can know whether this is a good step for you to take.

Think about your Existing Portfolio

I look into how a potential investment is going to impact my existing portfolio before I make any commitments. It can be helpful to know how a new investment in a particular share is going to affect my portfolio in the short term and long term.

On a similar note to doing person research, it can be helpful for a consultant to view the investment opportunity and give you investment advice on whether it might be a good or bad move for your portfolio.

If you have yet to create a portfolio, then consider whether you are ready to take on the responsibility of owning and managing one. Managing a portfolio effectively does take time, commitment and dedication.

Consider your Personal Finances and Investment Objectives

Before making a purchase, stop and think about your personal finances and investment objectives. Only do what you can afford to do.

What are you aiming to get from this investment? Is it a long-term investment or a short-term investment? Think about the type of shares you are looking at buying.

Be realistic and honest with yourself. What is affordable and what is not? Before making any firm commitments, come to terms with your financial situation. Remember that buying shares, trading and investing is highly risky and will put your capital at risk. There are no guarantees.

How do I Buy Rentokil Initial Shares?

Buying shares in Rentokil might seem a little daunting if it is your first time, but things are really simple and easy to do. If you feel like you are ready to buy Rentokil Initial shares, then there are some things to think about.

Selecting the Right Trading Platform

There are so many different trading platform options out there. They range in quality and what they provide to their users. Most platforms are desktop services, trading apps, or online brokerages.

Some platforms might choose to specialise in an industry or sector, and sometimes in a particular type of share/stock.

So it can be useful to look through all the available options and pick the best one that suits your individual needs. A top thing to bear in mind is selecting a platform or brokerage that is FCA Regulated.

Something else to keep in mind is that platforms and brokerages are likely to charge their customers fees. Some may charge a monthly fee, and other fees may apply to withdrawals, deposits and even idle accounts.

Some platforms are now offering their customers little to zero commission trading, such as eToro. Brokerages are more likely to charge their customers commission. Be aware, though, that platforms offering zero commission trading may charge fees elsewhere to make up the difference.

Opening a New Trading Account

Finding an account provider and opening a new trading account is also incredibly important. Just like with finding a suitable platform, be sure to find an account provider that is authorised and regulated by an official, authoritative body.

To set up a new account, you will need to submit some personal details. This usually includes a full name, home address, National Insurance Number, and bank details.

Accounts will need to be verified before they can be used. Verification can normally be done by providing some form of identification. This could be a driver’s license, passport, or even a utility bill.

Selling Rentokil Initial Shares

Selling your shares is just as important as knowing when to buy shares. It can be just as tricky, though, and can take just as much effort.

Share owners might want to sell their shares for many different reasons. Most of the time, it will be to sell them to make a profit or to minimise any losses.

Just like with buying shares, it can be hard to know when to sell. The only way of knowing is to keep an eye on market data, do research, and remain vigilant. Knowing when to sell shares does take practice, knowledge and experience.

In some cases, share owners might consult a professional, so they can get a better idea of when to sell and when not to sell.

Platforms make it very easy to sell shares. This can be done by navigating to the ‘sell’ option on your chosen platform and then selecting the number of shares to sell. This will obviously be limited to the number of shares held in your account.

Does Rentokil Initial Pay Dividends?

Rentokil Initial does pay out dividends to shareholders who have dividends-paying shares. Dividends are paid out by the company when they decide to release some of their profits to shareholders.

Dividends are normally paid out to shareholders in cash/money payment. Some companies may offer their shareholders the chance to reinvest their dividend payment back into the company. Not every company will do this, however, so it can be best to check directly with them to know whether this is an option.

Dividend Yield

The dividend yield helps shareholders know the amount that a company might pay out to them as dividends. The yield can also be helpful in showing prospective investors/share buyers what they might earn from their shares if they decide to invest or buy.

The dividend yield is created from a simple calculation based on the current share price. The annual dividends of each share are divided by the price per share.

Are Rentokil Initial Shares Good to Buy?

Knowing whether a company’s stock is good to buy is incredibly difficult. It can be based on a variety of factors. One factor to consider is individual circumstances.

I have already encouraged you to come to terms with your own financial situation and investment objectives. Come to terms with your limits and be realistic about what you can afford.

FAQs About Rentokil Initial Shares

Useful resources

• London Stock Exchange
• Financial Conduct Authority
• Wikipedia

Also consider:

• How to buy Apple shares
• How to buy Amazon shares
• How to buy Tesla shares