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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
|
|
|---|---|---|---|---|
| 0.15 | 0.11% | 136.15 | 08:21:18 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 135.05 | 135.00 | 136.15 | 136.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 27/02/2024 | Interim | GBP | 0.073 | 15/08/2024 | 16/08/2024 | 24/09/2024 |
| 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 |
| Top Posts |
|---|
Posted at 16/11/2024 10:00 by kenmitch Your theory is nonsense netcurtains.What about all the shares that pay big dividends and the share price rises? You seem to assume that big dividend paying shares can’t also have big share price gains. They can and do. I hold big dividend payers where the share has tripled. Some big dividend payers including Investment Trusts that have increased their dividends for over 50 years have multi bagged. Shares that opted heavily for buybacks have gone bust or also multi bagged. What matters longer term is neither dividends nor buybacks. It’s how successful or otherwise their business is. If it’s a roaring success story with fast increasing profits and cash generation the share price will do very well, buybacks or no buybacks and dividends or no dividends. If the business is a shambolic badly managed failure, as unfortunately ABDN has been, the share price will fall. Best to forget your rubbish theory and exchange it for a bit of common sense along with basic obvious facts? |
Posted at 12/11/2024 08:46 by mcunliffe1 Before I hit pension age any spare cash I had for which I truly had no other purpose would be invested in my pension which at that time was with Standard Life. I had several With Profit pensions and one invested in the UK Smaller Companies Fund. It was actually piggy-backing on the Aberdeen UK Smaller Companies Fund.As a welcome bonus I received the tax relief at my marginal rate at the time of investment. As I became more aware of my pension needs, driven mainly by my increasing age but also driven by the rather lacklustre performance of the S.L. pension plans and in particular, their website/customer platform I looked to make changes. I moved the entire pension to Int. Inv. and started to make my own investment choices. I had, in effect, almost £200k to use as I saw fit. I did not draw-down the 25% tax-free, instead, I paid myself a 'special dividend' each year a quarter of which was of course tax-free and the other three quarters being taxed as appropriate. I then had the thorny issue of where to invest THAT money. Rolls Royce provided the answer - about a year ago. I saw that companies potential and invested a large chunk. It has done well since although it has yet to pay me any dividend. Other companies have been decent investments - mainly for their dividend payments. PHNX, LGEN, BATS, TFIF and RECI to name a few. All decent enough and except for PHNX and LGEN (currently) all in profit. The laggards have been in profit in recent times, just not now. The point I am making is the importance of investing in the right company and, most importantly, at the right time. This is a skill that every investment company should possess. ABDN perhaps do not currently possess that skill. Instead of spending all that buy-back money - OF OURS - on their own, lacklustre shares that were falling throughout most of the BB period, they should have invested it in other, growing companies. Rolls Royce would be one fine example. There are many others. Cross ownership of companies is not unusual. PHNX and ABDN have a cross-ownership of about 10% I believe. Both are performing poorly at the moment. I try to keep a varied portfolio to avoid one sector suffering. Perhaps ABDN need to follow the same logic. I have always found it hard to accept that a company who's existence is based upon investing other people's money then have insufficient imagination to use their spare cash other than with a buy-back. Is it lack of imagination or pure directorial self-interest? It certainly is our money though. |
Posted at 12/11/2024 08:05 by netcurtains buybacks make YOU money...If a company pays 9% dividend. (taking into account compound nature) you DOUBLE your money in 16 years. The rules of the stockmarket are that buybacks are NOT allowed to affect the general price (that is the rule). So they are not done to support the share price. They are done to save companies millions of pounds in future payments. Any company that pays BIG dividends should buy back shares.... Its rational. Paying back a bigger dividend puts an unnecessary strain on a companies finances and causes problems for the next set of pensioners as the company slowly goes bust. BUYBACKS are BRILLIANT. |
Posted at 12/11/2024 05:56 by jubberjim I have to say I agree with Sigmund as to the merits of buybacks.They serve a purpose but in my experience in most cases they are carried out to ensure that the share price is maintained at a level whereby the Board of directors qualify for their allocated share bonuses. I have argued that the way to install value is to pay an enhanced dividend however small that increase might be . This is especially true in the case of ABDN who cut their dividend by a third. I repeat my assertation that Douglas Flint and his cohorts should go. Why He and they are still in place after the disastrous decline in the share price over the last 5 years is nothing short of scandalous. The unlamented Bird did do one thing in his short time at the helm which was to acquire II but he did overpay at the time. This was then followed by a share buyback starting around 240 followed by yet more share buybacks. A lot will depend now on Aviva update on Thursday 14 November and how that is perceived and received by the market. I have my doubts as to the direction the market as a whole will be heading but going to relax now until Xmas(after Thursday sets the scene) . Good luck all |
Posted at 07/11/2024 22:02 by fenners66 But you meant that as the liability of "reducing the total dividend payout therefore is more advantageous to the company," didn't you.And Paying out 10 years dividends per share in one go does nothing for reducing "payouts" does it. So no it has no advantage to the company. Before you argue about balance sheet - you are aware that most companies with share buybacks also have borrowings - so even if you try to add capital and reserves to the balance sheet liabilities - you are only swapping one liability for another. Paying dividends as dividends to the owners is considered a "liability" to be avoided by many boards , who presumably would think themselves better off if they had no shareholders at all and just got left to get on with enriching themselves. |
Posted at 07/11/2024 14:28 by kenmitch jonnybig.I think that’s nonsense but I might think agsin if you answer this question effectively. GULF KEYSTONE were paying 88p in dividends in 2021 when the share price was usually around 260p. That meant that year investors got back over 30% of the stake. Was that or was it not a genuine cash reward? That was the question to answer. (The share price is much lower now but that’s because they had to cancel all dividends on the sudden closure of the pipeline. But for that investors would have had more than their original stake back in roughly 3 years and could run the shares for free. And but for the pipeline closure the share price would have continued to do well too). As for ABDN they started buybacks at £5 and continued them for several years and all the way down to £1.40 for a 70% loss. Is that really better than the Gulf Keystone dividend example I’ve just posted? |
Posted at 07/11/2024 13:25 by jonnybig A special dividend is a total waste. If you want to extract money to reinvest elsewhere, just sell some of the shares. All a special dividend does is distribute the assets, lowering the NAV, so there's no difference. A buyback reduces the "liability" to its shareholders, reducing the total dividend payout therefore is more advantageous to the company, irrespective of whatever the market cap decides to do.spud |
Posted at 02/11/2024 09:56 by netcurtains I would have thought it obvious - he likes potatoes...Why is this share so insanely cheap 11.01% dividend yield - its beyond crazy.... |
Posted at 06/7/2024 20:03 by pj84 In my view now is not the time to sell. Hopefully the worst is behind all of the undervalued UK shares paying what would normally be dividend yields that indicate a dividend cut but I expect a lot to start to rerate as interest rates finally start to fall, with the dividend yields also starting to fall as the shares rerate and the markets have had plenty of time to price in the new Labour government and if Labour keep to their pledge to be fiscally responsible, this could be the time to hold/buy underrated UK shares rather than sell. |
Posted at 18/5/2024 10:44 by netcurtains Is ABDN the best (on paper) compared to all the major insurer/pension type companies:I've added on an X column which gives a sort of VALUE to the share not linked to profits (I call this X): Assets - Liabilities / Market Cap (lets call this X) I've put this figures at the end of the list (The higher then number the "better" it is) PHNX yield is 10.02% X= 0.57 LGEN is 8.1% X=0.32 HSBC is 7% X=1.41 <=========WOW ABDN is 9.57% X=1.77 <=======WOW AV. 6.77% X=0.69 MNG 9.54% X= 0.82 CSN 9.21% (CHESNARA) X=0.89 ELLA 6.53% (ECCLESIASTICAL) X=3.13 <=======WOW HSD 9.35% (HANSARD) X=0.31 PGH 5.76% (PERSONAL GRP) X=0.57 SBRE 3.29% (SABRE Insurance) X=0.60 LRE 2.55% (LANCASHIRE) X=0.99 <========Nearly wow JUST 2.02% (JUST GROUP) X=2.04 <=========WOW AJB 2.97% (AJ BELL) X=0.11 ADM 2.72% (ADMIRAL) X=0.12 DLG 2.03% (DIRECT LINE) X=0.85 HSX 2.58% (HISCOX) X=0.81 PRU 2.08% (PRUDENTIAL) X=0.78 STJ 4.8% (ST JAMES PLACE) X=0.37 IG Group Holdings ticker IGG (its been having a good run) Yield 5.73 PE: 10.74 X=0.68 Its difficult to find overseas competitors but I guess these two are: Perpetual Equity Investment Company Ltd Australia ASX:PIC Yield: 6.67% PE: 25.83 The BlackRock in NewYork NYSE:BLK Yield 2.51% PE: 20.63 Of the big companies I've listed, on paper, taking into account dividend yield and NET ASSETs as percentage of MARKET CAP... The "best" MAJOR insurer appears to be ABDN..... I guess where ABDN falls down is that II does not seem to be generating the same sort of income as IG or AJ Bell... |
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