Chelverton Uk Dividend Share Discussion Threads

[huttonr] 23/6/2014 08:44

Plasbryn - re your note 541 - this seems to show the effect of gearing?

[plasybryn] 20/6/2014 09:29

Hargreaves Lansdown figures show the culmulative growth of SDV as
1 year: 44.3%
3 years: 128.61%
5 years: 361.96%
Pretty impressive.
Their other Unit Trust, PFS Chelverton UK Equity Income Unit Trust has been a strong performer as well, but not as good as SDV. Up 187% culmulative over 5 years.
David Horner & Dave Taylor are clearly very good fund managers

[scottishfield] 19/6/2014 13:49

Yes, I have CLIG & GVC also. tks again

[plasybryn] 19/6/2014 13:47

Well done scottishfield. Let's hope the SDV share price rises a bit in expectation of the dividend ahead of ex div. date next week.

Some other ones to look out for in July (ex dividend dates) are CLIG, GVC, MGHI, SHRS, TIGT, CPG all in my opinion of course!

[scottishfield] 19/6/2014 13:34

Yes, I've been building a position here in last while. (got into SHRS too Plasybryn - tks)

[plasybryn] 19/6/2014 13:31

Very nice news. 5.15p dividend on 31st July.

[skinny] 19/6/2014 12:36

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

The fourth interim dividend of 2.40p per Ordinary share will be paid on 10 July
2014 to the holders of Ordinary shares on the register at 27 June 2014, with an
ex-dividend date of 25 June 2014.

The Special Dividend of 2.75p shall be paid on 10 July 2014 to holders of
Ordinary shares on the register at 27 June 2014, with an ex-dividend date of
25 June 2014.

[speedsgh] 17/6/2014 14:22

Plas - 5.2% yield on SHRS? What price did you pay? Afaiaa current + forecast div is 12.0p giving 4.7% at current 256.5p offer price?

[plasybryn] 16/6/2014 17:02

Thanks again Aleman for your observations. I have topped up on Shires Income (SHRS) today. Yield 5.2% & Ex dividend 3rd July

[aleman] 16/6/2014 15:50

Thanks for the suggestions. Hold MGHI already. PRP looks fully valued to me. Looked at EAT before and wasn't so keen about the poor dividend cover (only about 42% last year). I generally prefer investments trusts to unit trusts but could do with finding more info on Schroders before rejecting.

[plasybryn] 15/6/2014 17:33

Aleman:
One more to bring to your attention is Prime People (PRP) which is promising a special 15p dividend (return of capital) - AGM tomorrow.
Might be worth a look.

[plasybryn] 15/6/2014 16:07

Thanks Aleman for your views on GLIF. Worth taking account of.

An Investment Trust with c . 9% yield is M &G High Income I.T. (MGHI).

Schroder Income Maximise U.T. has a yield of c. 7% payable quarterly.

European Assets Trust has a yield of 6% & pays 3 times a year.

[aleman] 15/6/2014 02:28

Yes. Not interested. The dividend is now well short of being covered following the sale of the CLO. They have the sale proceeds but I can't see them getting a high enough return to completely cover the dividend so that leaves a lot of hope of capital appreciation from the spread of crowdlending equity stakes but they have competition and could well need investment before they make any return. There is too much hope in the share price for my liking.

[plasybryn] 14/6/2014 04:52

Ale man: have you considered GLIF with a c, 10% dividend yield?

[aleman] 06/6/2014 09:56

Seen them before. Don't fancy them except GVC and CLIG which I already hold. I particularly don't fancy Jarvis which seems to be going to a high rating at the top of the cycle when it is a very cyclical business and should be moving to a low rating as its earnings peak. I note SDV have been taking profits on Jarvis.

[plasybryn] 31/5/2014 10:21

Sorry to go off topic for a moment in the interest of Income stocks.

Aleman: Have you come across JIL? Not sure what to make of it. Potential big dividend payer.
GVC Holdings continues to look very good on yield of c. 10%
AIF is similar to SDV and doing well.
Also bought a few Jarvis Securities (JIM) one of SDV favourites
BAF & CLIG still look too uncertain for me.
Cheers

[aleman] 20/5/2014 14:33

SMALL COMPANIES DIVIDEND TRUST PLC

The Company announces:

Total Assets (including unaudited revenue reserves at 16 May 2014)
of GBP40.73m

Net Assets (including unaudited revenue reserves at 16 May 2014) of GBP31.33m

The Net Asset Value (NAV) at 16 May 2014 was:

Number of shares
in issue
Per Ordinary share (bid price) - including
unaudited current period revenue* 189.32p 16,550,000
Per Ordinary share (bid price) - excluding
current period revenue* 182.28p
Ordinary share price 194.50p
Discount to NAV 2.74%
Ordinary shares have an undated life
ZDP share 110.52p 8,500,000
ZDP share price 117.00p
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 16 May 2014
including a one off special dividend from Avesco PLC of GBP500,500 equivalent
to 3.02 pence per Ordinary
share.

[scottishfield] 16/5/2014 20:26

JEMI also.

[carterit] 16/5/2014 17:57

Yep,quite a few of the emerging market investment trusts that pay a decent yield are still 15-20% off their highs,and after some 12 mths in the doldrums could have their day in the sun again in the medium term future.

I hadn't top sliced at the time (silly me, however hindsight is great),so in these choppy markets have vowed to top slice 20% for every 25% rise i get,and have been holding too that with my uk based trusts over the last couple of months or so eg DIVI,SDV,MCKS,PCTN,SREI all of which have given me > 50% returns over approx 2 years.

On the subject of other decent Emerging market / global Investment trusts paying a reasonable dividend with the prospect of growth,there are BRLA,AAIF,SOI,UEM,MYI,HFEL. There is also ANW (which is not so much income based) but is some 40% down on its highs of 12 mths + ago,but which now seems to have bottomed and moving up,and FPEO which is at a good discount to nav,and pays a divi of 5%+. There is also HGT,which is at a good discount but has had a great history of growth (though not so good the last couple of years).

[skinny] 16/5/2014 14:47

Without wishing to be pedantic, it goes ex dividend next Wednesday 21 May 2014, Friday is the record date.

[plasybryn] 16/5/2014 14:28

I see the top stock in SDV (2.58% holding) is Jarvis Securities (JIM) which goes ex div next friday.
Has a very nice chart and a lot of positive comment. Worth a look.

[plasybryn] 16/5/2014 08:58

Thanks guys.

[scottishfield] 16/5/2014 08:14

ah Henderson , yes tks skinny, (I have BRCI,BRWM & CLIG) apols o/t everyone.I'm just taking a (small)SDV position having sold some of my more exposed 'single' shares in recent times. I can build on that if the prices dip short term. tks.

[scottishfield] 16/5/2014 08:00

HEFL ? Aleman?