Chelverton Uk Dividend Share Discussion Threads

[trentendboy] 15/1/2014 19:36

This share has done well. Watching carefully for the reverse

[drewz] 15/1/2014 14:21

There's a big bust coming in the next 3 months; better out (in cash/gold) than in.

Or at least stick to (relatively) safe dividend payers in utilities/infrastructure.

A lot of people are going to lose a lot of money chasing this QE-fuelled madness, imho.

[lord gnome] 15/1/2014 11:07

At times like this I wish I had put the farm on this stock 12 months ago. What price hindsight?

[skinny] 14/1/2014 16:06

Small Companies Dividend Trust PLC
Issue of new Ordinary Shares


14 January 2014

The Directors of Small Companies Dividend Trust PLC ("SCD Trust") are pleased
to announce the issue of 300,000 new Ordinary Shares ranking pari passu in all
respects with the Ordinary Shares already in issue at an issue price of 189.5p
per Ordinary Share.

The new Ordinary Shares have been allotted by SCD Trust, subject to admission
to Listing and to dealings on the London Stock Exchange ("Admission").
Admission has been applied for and dealings in the new Ordinary Shares are
expected to commence at 8.00am on 17 January 2014.

The total number of Ordinary shares in issue following Admission will be
16,550,000.

The additional cash raised will be invested in SCD Trust's portfolio.

[envirovision] 14/1/2014 16:03

Well although I guessed Aleman, I was right though. Trust has just raised half a million at no discount to invest further, nice. Market likes this trust a lot !

[plasybryn] 14/1/2014 15:49

Continues to be a very impressive performer. Dividend paid on 10th. Perhaps some of this was re-invested.

[aleman] 10/1/2014 14:20

Not so. SDV closed at 178.5p last Friday, a discount of 3.6%. It will be closer when we get today's numbers next week but I still fancy there will be a small discount.

[envirovision] 10/1/2014 14:01

Wow a premium to NAV !

[skinny] 08/1/2014 13:50

The Company announces:

Total Assets (including unaudited revenue reserves at 31 December 2013)of £38.96m

Net Assets (including unaudited revenue reserves at 31 December 2013) of £29.77m

The Net Asset Value (NAV) at 31 December 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 183.20p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 180.52p
Ordinary share price 176.00p
Discount to NAV (3.93)%
Ordinary shares have an undated life

ZDP share 108.15p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 31 December 2013

Top 20 Holdings as at 31 December 2013 was:


Name of company % of portfolio

1 Jarvis Securities 2.58
2 Avesco Group 2.58
3 Randall & Quilter 2.51
4 Chesnara 2.48
5 Wilmington Group 2.47
6 Smiths News 2.43
7 Braemar Shipping 2.38
8 Marshalls 2.27
9 St Ives 2.22
10 Personal Group 2.15
11 Photo-Me International 2.14
12 ISG 2.03
13 Clarke (T) 1.98
14 Cineworld Group 1.96
15 Alumasc Group 1.95
16 Morgan Sindall 1.94
17 Kier Group 1.89
18 Dairy Crest Group 1.88
19 S & U 1.82
20 GVC Holdings 1.82
Balance held in 54 holdings 56.52
100.00

[aleman] 30/12/2013 16:00

The Company announces:

Total Assets (including unaudited revenue reserves at 20 December 2013)
of GBP38.93m

Net Assets (including unaudited revenue reserves at 20 December 2013) of GBP
29.75m

The Net Asset Value (NAV) at 20 December 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 183.07p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 179.01p
Ordinary share price 174.38p
Discount to NAV (4.75)%
Ordinary shares have an undated life

ZDP share 107.96p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 20 December 2013

[aleman] 19/12/2013 15:25

Only just looked at the results and they are excellent. The 29% increase revenue per share and 75% increase in net cashflow makes it look like there is scope for a larger increase in dividends next year. The changes in portfolio should mean even higher income which will only reinforce the prospect. I shall be revising my income forecasts for coming years up a touch.

[wirralowl] 19/12/2013 12:16

Thanks, Plasybryn. Didn't realize that but will check it out, as I've a 'funds ISA' with money sat idle at the moment.

[plasybryn] 19/12/2013 09:49

Thanks bashby.
Is anyone in their Unit Trust called Chelverton UK Equity Income as well as SDV.?
Different portfolio. Yield still c. 4%.
Ex dividend 30th Dec. I think

[bashby] 19/12/2013 09:32

Pay day 10 Jan I believe.

[plasybryn] 19/12/2013 08:32

Tapering should be good equities. Will it start a Santa Rally?
Could be good for the SDV portfolio.
Remember goes ex dividend next week - 23rd December.
Pays on 7th January I think!

[skinny] 18/12/2013 08:07

The Company announces:

Total Assets (including unaudited revenue reserves at 13 December 2013)
of £38.74m

Net Assets (including unaudited revenue reserves at 13 December 2013) of
£29.58m

The Net Asset Value (NAV) at 13 December 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 182.00p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 177.97p
Ordinary share price 172.25p
Discount to NAV (5.36)%
Ordinary shares have an undated life

ZDP share 107.84p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 13 December 2013

[lord gnome] 18/12/2013 07:30

Interesting to see the portfolio changes. A good bit of trading has taken place. The investment in Ladbrokes is one to note. This has been on my watch list for some time as the price has dropped. I am not sure that the dividend is secure, but the bid / recovery prospects make it worth watching. Glad to see the purchase of GLIF. I have a fair few of these, so it's good to see someone else confirming your view.

[speedsgh] 17/12/2013 19:28

Half-yearly Report -

Dividend
A first interim dividend of 1.475p (2012: 1.40p) per Ordinary share was paid on 4 October 2013. The Board has declared a second interim dividend of 1.475p per Ordinary share (2012: 1.40p) payable on 10 January 2014 to shareholders on the register on 27 December 2013, making a total for the half year of 2.95p per Ordinary share (2012: 2.80p). At present it is anticipated that the Company will
maintain this level of dividend for the third quarter.

[plasybryn] 14/12/2013 11:41

Dividend should become more equalised next year, but perhaps worth picking up a few more ahead of ex dividend date on 23rd December.

[aleman] 13/12/2013 15:09

SMALL COMPANIES DIVIDEND TRUST PLC


The Company announces:

Total Assets (including unaudited revenue reserves at 06 December 2013)
of GBP39.29m

Net Assets (including unaudited revenue reserves at 06 December 2013)
of GBP29.63m

The Net Asset Value (NAV) at 06 December 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 182.34p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 178.35p
Ordinary share price 172.25p
Discount to NAV (5.53)%
Ordinary shares have an undated life

ZDP share 107.72p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 06 December 2013








END

[aleman] 13/12/2013 15:07

SMALL COMPANIES DIVIDEND TRUST PLC

The Company has today declared a second interim dividend in respect of the year
1 May 2013 to 30 April 2014.

A second interim dividend of 1.475p per Ordinary share will be paid on
10 January 2014 to the holders of Ordinary shares on the register at
27 December 2013, with an ex-dividend date of 23 December 2013.

13 December 2013

[losos] 11/12/2013 11:10

Lord Gnome - "That's the wonderful wacky world of gearing through ZDPs. It's great on the way up, but when the music stops it can be equally horrendous on the way down. If you think the bull market still has some way to run - and I do - then stay aboard. We should be in for a fantastic ride."

Most of the 'talking heads' in the media and press seem to think that 2014 could be volatile with sharp moves down (as well as up) as the 'tapering' starts.

Could it be that waiting in the wings ready to pick up a few more on the 'downs' in the market would be a good plan ??? Easier said than done I know !!!

[aleman] 04/12/2013 12:46

Portfolio update in header. It's changed a bit in last few months.

[aleman] 04/12/2013 12:42

The Company announces:

Total Assets (including unaudited revenue reserves at 29 November 2013) of GBP38.98m

Net Assets (including unaudited revenue reserves at 29 November 2013) of GBP29.83m

The Net Asset Value (NAV) at 29 November 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 183.59p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 179.89p
Ordinary share price 171.75p
Discount to NAV (6.45)%
Ordinary shares have an undated life

ZDP share 107.61p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 29 November 2013

[skinny] 26/11/2013 15:29

The Company announces:

Total Assets (including unaudited revenue reserves at 22 November 2013)
of GBP38.65m

Net Assets (including unaudited revenue reserves at 22 November 2013) of
GBP29.44m
The Net Asset Value (NAV) at 22 November 2013 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 181.19p 16,250,000
Per Ordinary share (bid price) - excluding
current period revenue* 177.60p
Ordinary share price 171.00p
Discount to NAV (5.62)%
Ordinary shares have an undated life

ZDP share 107.48p 8,500,000
ZDP shares are held in a subsidiary and have a redemption date
of 8 January 2018

*Current period revenue covers the period 01 May 2013 to 22 November 2013