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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| M&g Plc | LSE:MNG | London | Ordinary Share | GB00BKFB1C65 | ORD �0.05 |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.45 | 0.73% | 199.35 | 5,858,979 | 16:35:06 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 199.30 | 199.40 | 199.75 | 197.90 | 199.45 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Life Insurance | 10.63B | 297M | 0.1265 | 15.76 | 4.68B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 18:13:02 | O | 12 | 198.55 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 26/4/2024 | 14:42 | UK RNS | M&G PLC Form 8.3 - ANGLO AMERICAN PLC |
| 26/4/2024 | 14:41 | UK RNS | M&G PLC Form 8.3 - BHP GROUP LTD |
| 25/4/2024 | 14:30 | UK RNS | M&G PLC Form 8.3 - DS SMITH PLC |
| 23/4/2024 | 14:17 | UK RNS | M&G PLC Form 8.3 - TYMAN PLC |
| 22/4/2024 | 14:35 | UK RNS | M&G PLC Form 8.3 - SMITH (DS) PLC |
| 19/4/2024 | 13:39 | UK RNS | M&G PLC Form 8.3 - SPIRENT COMMUNICATIONS PLC |
| 19/4/2024 | 13:39 | UK RNS | M&G PLC Form 8.3 - SMITH (DS) PLC |
| 18/4/2024 | 14:30 | UK RNS | M&G PLC Form 8.3 - SPIRENT COMMUNICATIONS PLC |
| 17/4/2024 | 15:29 | UK RNS | SDCL Energy Efficiency Income Tst Holding(s) in Company |
| 16/4/2024 | 10:00 | UK RNS | M&G PLC Notice of AGM |
M&g (MNG) Share Charts1 Year M&g Chart |
|
1 Month M&g Chart |
Intraday M&g Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 26/4/2024 | 06:46 | 2nd Interim v final dividend ? | 95 |
| 25/4/2024 | 17:13 | M&G | 4,842 |
| 28/9/2022 | 14:26 | Bad News Bears | 1 |
| 25/2/2005 | 17:10 | Miramar Mining: Undervalued Gold Miner? | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 2024-04-26 17:38:11 | 198.55 | 12 | 23.83 | O |
| 2024-04-26 17:13:02 | 198.93 | 40,785 | 81,134.82 | O |
| 2024-04-26 17:12:56 | 198.06 | 2,200 | 4,357.25 | O |
| 2024-04-26 17:09:58 | 198.97 | 103,056 | 205,054.65 | O |
| 2024-04-26 17:09:03 | 199.24 | 19,284 | 38,421.44 | O |
| Top Posts |
|---|
Posted at 25/4/2024 07:56 by cjac39 I still dip in from time to time but its not for me discussions of investing for the divi around ex d and share price comments which seem to become endless. I thought results overall were solid and the share price has been disappointing albeit along with others post exdivi. cap gen is v decent from WP; average from AM and good from anns so I dont doubt any cap gen targets they throw out. liquidity was maybe an issue with debt repmts but the prufund swap is a way out of this + they have decent headroom on S2. Given their low nb volumes its not obvious why they are running at > 200% S2 margin.So overall divi looks solid but the share price prospects, and I guess the analysts views, will hinge mainly on sorting out MNG AM which apparently they are experts at! |
Posted at 19/4/2024 14:45 by rongetsrich Anyone taking advantage today? I may indulge further next week, but nothing is clear on the MNG or Middle East fronts, so breathing space and time to see what develops. It could be over, with both sides having the last day, or it could be we're about to see the share price really tank.No sign of my confused pal, but he was caught out selling when he was buying then he sold the week before. It's about confidence now, there is money to be made. |
Posted at 13/4/2024 13:29 by rongetsrich What Skinny has posted. I started chatting about it when the interim was released, you could also read stuff on the AV. and LGEN boards about 12 months ago. There is evidence that it works, it's not shorting - it's small RIs making a few £ before the XD date. Of late, with MNG and now AV. it's proven to be a good source of income (read the same amount as the divi) but paid early. It's better wrapped, which you do, and right now you would have cash, rather than a deflated share price. |
Posted at 03/4/2024 09:52 by fenners66 Ron - I was not trying to "mark your homework" merely an impartial observation that any naysayers could not disagree with.The share price fall yesterday was a really profitable point to buy back (as I said at the start I had the benefit of hindsight before reading the method) So I guess what I am trying to work out - was there a predictable reason after the xd of the final div for the share price to continue to fall ? You may have referred to a post xd vacuum - no dividend to wait for , no news , pre new tax year so no catalyst to move the share price higher? Whereas there are always reasons for some to sell. Are there more shares out there , paying a large dividend with a gap before next report / xd allowing reinvestment of the engineered early dividend enabling a compounding across the year ? |
Posted at 02/4/2024 21:54 by fenners66 Well I have just caught up with nearly 200 posts - so have seen the play out with hindsight of the sell pre xd or not.For a lot of people holding these are about divs - unless there is a bid no one is expecting a sudden meteoric rise or raft of broker recommendations - unless the share price falls first of course. So back to the idea of selling pre xd. What was going to be the catalyst to take the share price higher later ? There are always some who have to / want to sell. Next results, next run up to xd - perhaps selling first and buying back - as at say today's lower point - works better when its a high yield share with no imminent growth catalyst. Had Ron bought back at the low today then a more profitable move , the next question is what to invest that dividend in and do the same again before everyone else collects the divi ? |
Posted at 27/3/2024 17:13 by tornado12 Must admit I dont play the ex-divi drop game and more focused on long term 8%+ divi income we reasonably stable share price MNG fit the bill, there is no doubt and like other financial and wealth stocks will benefit during the interest rate drop this year. But where is the next bump in the road .. China, US debt bubble ?..... Nothing lasts forever, so keeping half my portfolo in cash for medium term at 5% yield.. GLA |
Posted at 26/3/2024 15:33 by kenmitch tyroneshares.Here’s the direct answer to your question. 1. The dividend amount is taken out of the share price first thing on ex dividend day. So if the dividend is 13.8p the share price will be marked down by that amount. 2. What happens after that on ex dividend day and days after that depends on the usual things like investors buying or selling. 3. So after that initial share price mark down on ex dividend day the share price could continue to fall if there’s more selling than buying, or rise straight away and sometimes make up and more, all the initial ex dividend mark down. 4. There is NO additional mark down 2 days later. |
Posted at 21/3/2024 09:46 by muscletrade Certainly good to see a beat on expectations and the brief surge in share price Not that surprised to see share price fall back a little to 234p as its PE is now quite high about 19. based on EPS of 12.4p (from the accounts).Also at peak share price this morning of 241p it exceeded the average of analysts expectations of a smidge under 238P. There is room for some institutions to increase their price targets (for example Barclays are underweight at 205P) but I guess we need to be mindful of the PE. like most on here I suppose Im here for the dividend and modest share price appreciation over time. For me M&G have done exactly that to date so Im very pleased.. GLA. |
Posted at 12/3/2024 15:10 by helen troy The Mng share price has increased by the divi amount over the last month so the takes care of the reduction on xdivi day. I'm looking forward to the excitement or mayhem! coming shortly. |
Posted at 30/11/2023 07:56 by masurenguy Should I buy M&G shares for the 9.8% dividend yield?One of the attractions of owning FTSE 100 shares at the moment is some of the high yields on offer. Take asset manager M&G (LSE: MNG) as an example. It has a dividend yield close to 10%. Sustaining the dividend No dividend is ever guaranteed. That recognised, M&G does have a policy of aiming to maintain or increase its dividend each year. This year, for example, saw a 4.8% increase at the interim stage. Last year, the full-year dividend rose 7.1%. To keep growing (or even maintain) its dividend over the long run, the firm needs to continue generating enough cash. The company has proven its cash generation potential. Last year, not only did it pay out a chunky dividend, it also spent half a billion pounds buying back its own shares. Set for growth Can M&G keep generating sizeable free cash flows in future? It has a well-known brand, customer base stretching to millions of clients in several dozen markets and can benefit from ongoing high demand for asset management. So far this year, business has been strong. In the first half, the firm saw a net client inflow of funds (excluding its Heritage business) of £0.7bn. It generated over half a billion pounds of capital. Set against that, demand for financial services is high over the long run but can fluctuate. Choppy markets might lead investors to pull money from funds, for example, hurting revenues and profits for service providers like M&G. Beyond the dividend Despite the risks, I would be happy adding more M&G shares to my portfolio if I had spare cash to invest. I say ‘more’ because I already own shares in the FTSE 100 company. But while the dividend yield is certainly attractive at 9.8%, is that the only reason to own the shares? What about the prospects for capital growth? The track record here is unremarkable. The M&G share price has moved up 6% in the past year. Since it listed in 2019, the shares have lost 10% of their value. Past performance is not necessarily a guide to what may happen in future though. With a market capitalisation of £4.8bn, I consider the business to be attractively valued given its strengths. The long-term trend of a falling share price may continue. But I am hopeful the reverse will be the case and M&G shares rise in price over time. I’d keep buying I like the business, I like the valuation, I like the potential for capital growth and I certainly like the blockbuster dividend yield. So I plan to hold my M&G shares and look forward to hopefully receiving ongoing passive income streams from them. If I had spare cash to put to work in the stock market, I would be happy to buy more of the shares today. |
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