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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Abrdn Plc | ABDN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 5.55 | 3.71% | 155.20 | 16:35:10 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 149.95 | 149.95 | 155.95 | 155.20 | 149.65 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/02/2024 | Final | GBP | 0.073 | 14/03/2024 | 15/03/2024 | 30/04/2024 |
| 28/02/2023 | Interim | GBP | 0.073 | 17/08/2023 | 18/08/2023 | 26/09/2023 |
| 28/02/2023 | Final | GBP | 0.073 | 30/03/2023 | 31/03/2023 | 16/05/2023 |
| 01/03/2022 | Interim | GBP | 0.073 | 18/08/2022 | 19/08/2022 | 27/09/2022 |
| 01/03/2022 | Final | GBP | 0.073 | 07/04/2022 | 08/04/2022 | 24/05/2022 |
| 09/03/2021 | Interim | GBP | 0.073 | 19/08/2021 | 20/08/2021 | 28/09/2021 |
| 09/03/2021 | Final | GBP | 0.073 | 15/04/2021 | 16/04/2021 | 25/05/2021 |
| 10/03/2020 | Interim | GBP | 0.073 | 20/08/2020 | 21/08/2020 | 29/09/2020 |
| 10/03/2020 | Final | GBP | 0.143 | 02/04/2020 | 03/04/2020 | 19/05/2020 |
| 26/02/2019 | Interim | GBP | 0.073 | 15/08/2019 | 16/08/2019 | 24/09/2019 |
| Interim | GBP | 0.073 | 14/08/2019 | 16/08/2019 | 24/09/2019 |
| Top Posts |
|---|
Posted at 06/5/2024 14:17 by arthur_lame_stocks I always bought these as a sum of the parts valuation and having just given the company another look I reckon on this basis it could be worth an awful lot, potentially far more than the press have suggested.II easily worth £2bn to someone Advisor another £2bn Then you've got £300bn odd of other peoples money someone's taking a cut from but not ABDN shareholders. Squeeze some profit out of that and it's payday. |
Posted at 30/4/2024 23:35 by pdosullivan Given that ABDN has an uncovered dividend, slashing the share count through buybacks as management has done has significantly reduced the potential for a dividend cut. |
Posted at 29/4/2024 16:54 by stevensupertrader Abdn has been kicked out of FTSE 100 and now in FTSE250 . No surprise after few years of underperformance . Definitely Deserve to be in this 2nd class league . |
Posted at 25/4/2024 09:56 by stevensupertrader SP again trying to move back up this morning over £1.43 was but it seems that ABDN afraid of vertigo .back down again |
Posted at 04/4/2024 15:25 by pierre oreilly Taken a punt just now.A gamble for sure, but there's a lot of corporate action in financials recently (due to inflation expected to drop apparently). I annualise the divis, but with this one I'll halve last years divi and hope for a maintained divi. Shorters may lock in profits friday pm, so I expect a little bounce then. Strangely doing what i usually advise against, buying thinking it can't go lower. Oh well, next year I'm sure I'll be well in profit, and have received some level of divi. |
Posted at 22/3/2024 16:42 by stevensupertrader Abdn no more cash and intends to cut the dividend the next time . How to do buyback . Abdn is check mate by its own doing , the last few years more outflow of funds in Abdn . |
Posted at 27/2/2024 12:09 by unastubbs I bought at 1.70 about six months ago.(I think - I'd need to check.) tbh I'm not too vexed atm. For me it's a dividend play representing 2.9% of my portfolio but 4% of the income. I've always viewed the dividend as safe enough while their balance sheet is strong and the dividend is covered. There are definitely clear issues with the investment arm mainly related to the long term trend away from active funds to passive. But the platform businesses look sound enough. I feel my capital is secure in the long term it's just a question of waiting and taking the dividends. Obviously others might look at it as an opportunity cost taking that pov. Fair enough. But I feel it's a wait either for an improvement or as Oliver Shah said over the weekend a break up.The analyst presentation obviously didn't go too well though I listened to it and thought it was fine. I'm something of a Pollyanna if truth be known! There was a weird moment when Bird was singing the praises of Phoenix and how the mandate added stability to the business! The irony!! |
Posted at 25/1/2024 10:39 by geckotheglorious "Stephen Bird: Why Abrdn is making £150m cost cuts now"The CEO said the group had been forced into drastic action as the drop in revenues outpaced cost cuts in previous years. One of the first questions faced by Stephen Bird after Abrdn&nbs While it would be unfair to pin all the business’s issues on Bird (pictured above), who took on Abrdn’s top role in September 2020, the chief executive has presided over continuing difficulties for the core asset management business. Now 500 jobs are set to be lost in a cost-cutting drive focused on the investments division. That is slightly more than 10% of the workforce, according to broker Jefferies. Speaking on an analyst call after Abrdn’s trading update this morning, Bird said his priority had been strengthening the ‘excellent relationship’ with Phoenix as Abrdn’s biggest client. The companies’ strategic partnership was extended in 2021. Organisationally, Bird split Abrdn into an investment business, an adviser and platform business, and a consumer business. The latter is centred on Interactive Investor, which has been a bright spot at the group since its purchase in 2022. The chief executive said more drastic action was now needed to push for a decisive improvement in profitability in core asset management and, effectively, for each business unit to stand on its own merits. ‘With this change that we’ve announced today… it’s about having a lighter corporate centre, such that the three businesses are entirely responsible for product delivery, process, technology, competitive responses,’ Bird said. He added that while costs have been cut every year, it has not been enough given outflow pressure on active funds. ‘The challenge has been the revenues have fallen faster,’ he explained. Abrdn exceeded its target of £75m of cost reduction in investments last year. The latest target accounts for 80% of the savings being achieved in the same division, which still accounts for £367bn, or 74%, of £495bn of overall group assets. Bird also said the company had completed ‘the bulk’ of a programme to cut its suite of 700 funds to fewer than 400. That number goes some way beyond the 100 funds Abrdn said in 2022 it wanted to cull. It is worth noting that the £150m annual target represents a significant portion of the whole cost base. Adjusted operating expense was £1,193m in 2022, according to the last full annual results, before factoring in last year’s cuts. The share price is down more than 30% over five years, although that ignores a bumper dividend yield. The historic yield is currently 8.2%. |
Posted at 03/12/2023 10:44 by mcunliffe1 PJ84: Good point about the UK pension funds' investment (or lack of) in UK companies. I also wholly agree with the BB being a vehicle to allow those same funds to divest themselves of UK plc. I have long argued the point that as a long-term holder a BB does not in any way benefit me beyond the hope that future dividend payments are shared between a lesser number of shares. However, that is countered by the fact that there's a lesser amount of dividend given what has been spent on the very BB.So, the only beneficiaries are the sellers who may get a slightly better share price sale value than would otherwise be the case without a BB. With regard to your final sentence " lets hope the higher level of dividend payments from UK equities continues" providing the companies do not reduce the amount of dividend per share AND providing you buy into the company at these very low prices your dividend 'yield' will be high forever. Your yield, not the published yield when the share price has risen back to normal levels. But where's that 'low point'? |
Posted at 03/11/2023 18:15 by peterbill Yield ... Divi ... PE ratio ... take your pick ... all at close today.ADVFNDividend Yield: 8.66%P/E Ratio: -6.02AJ BellDividend yield: 9.34%P/E ratio: 7.79 (morningstar)HLDivid |
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