M&g Share Discussion Threads

[tornado12] 09/5/2024 15:17

I also received divi through HLFX but as usual you cannot trade same day. Will be lucky to have it in play for tomorrow 🤣

[paulboz] 09/5/2024 11:08

My divi with AJ Bell arrived about 10.30

[martyre] 09/5/2024 11:06

I use H&L for my SIPP, which is fully invested in shares. The maximum charge for administering my SIPP is £200pa which I consider reasonable.I have reinvested the M&G dividend in my SIPP.One of the M& G directors is purchasing £20,000 worth of shares a month. That's a good enough signal for me.

[helen troy] 09/5/2024 10:33

I am told by iweb it will go automatically to my bank in 2-3 days.

[yump] 09/5/2024 10:21

I know the drop looks bad but add back the dividend to the share price and then look at the trend.

[orchestralis] 09/5/2024 10:09

Divi received in HFX

[dope007] 09/5/2024 09:38

I've invested divis into prefs (last year) and some REITS this year for income and diversification

[pete160] 09/5/2024 09:36

Divi in my HL a/c first thing as always (apart from overseas divi's which usually appear around lunchtime).
I don't use HL for funds (way too expensive for that) but otherwise, they are very good value for money and, in my experience offer good service, a reliable website and very useful app.
One big thing I miss is trailing stop losses, but I don't think many retail brokers offer that.

Not sure where to reinvest this divi. though. I sold out entirely of LGEN before the XD and added it to Phnx. I ought to re-enter Lgen for balance, but just have reservations about the new man's upcoming strategy announcement. nervous to add further here, because currently way, way, overweight (hence, a sizeable divi. just received).

Interested to hear other thoughts on whether people are just reinvesting it here or adding elsewhere, and why, or just keeping it in cash?

[cfro] 09/5/2024 09:29

I guess a lot will be re-investing and who blames them when you can line-up an even bigger dividend for next year..

[cwa1] 09/5/2024 09:26

ii usually first. iWeb and Barclays usually bring up the rear. Everyone else somewhere in between. IME obviously :-)

[smurfy2001] 09/5/2024 09:12

Dividend received will re-invest given the near 10% yield.

[helen troy] 09/5/2024 09:09

Is that in your stockbroker account? I'm with iweb. Can't see mine.

[mister md] 09/5/2024 08:51

Big dividend received - nice.

[mjneish] 08/5/2024 12:43

Looks like the price movement may have triggered some buys on "break-out", but WDIK?

[justiceforthemany] 08/5/2024 12:13

Volume is very high.

[smurfy2001] 08/5/2024 09:08

Should the company do a buyback?

P/E 16 suggests this is expensive.

Dividend payment 9 May 2024

[marksp2011] 06/5/2024 12:33

This is an income play. Buy after the sept XD and sell before the march XD and pick up 6%Honestly the underlying business is pretty boring and it doesn't have serious growth prospectsFor me the issue is why the share price was so low when yields were 1%. It is yielding c6% real return which is pretty good but you also getting a lot of volatility in there.Take a look at CVCG. A credit fund with a yield just shy of 8% and TFIF paying 8% with a Q4 top up. Returns are the same without the volatility

[laurence llewelyn binliner] 06/5/2024 10:17

#Skinny, exactly why waiting and stake building will now start to deliver returns, it has been tough watching the SnP pull away driven by big tech AI, but that has given us opportunity to buy value stocks at steep discounts.. :o)

[skinny] 06/5/2024 10:12

This sounds very promising :-

.

[rongetsrich] 03/5/2024 22:04

Need this to hold its horses, divi soon which will create wealth for some to buy more as in DRIP.

[rongetsrich] 03/5/2024 12:36

Reckon so, MRF!

[my retirement fund] 03/5/2024 11:25

It must be a buy then!

[mister md] 02/5/2024 17:02

That's my thinking too - the rise from 180p to 240p was impressive, now after the retrace we've had and positive FTSE momentum, I would expect to see a modest move up again.

[helen troy] 02/5/2024 16:36

Imho the share price will slowly drift north as the substantial divi approaches. It has a few months to go, ergo slowly.