Aviva Share Discussion Threads

[eurofox] 03/9/2020 11:34

Are we bouncing off an ascending trend line in place since the lows of March 20th?

[spud] 02/9/2020 19:49

Can't think of many stocks that have converted from income to growth successfully tbh. spud

[1robbob] 02/9/2020 18:32

Essential Investor

I am sure she would like to, but I don't think she has that luxury.
She will have to play the cards she has been dealt not the ones she would have liked!!
After all, the dividend cut I suggest would mean she is taking back £350m PER ANNUM from Shareholders.

For years and years Aviva has been a dull dull stock.
The Market would certainly not take on Trust any growth story from a new CEO especially one unproven in the public arena.
Although it is not ABs fault, she will bear the cross of the failures of several of her predecessors.

Personally I do not believe in this case, that lower dividend would lead to higher growth.
Aviva is significantly profitable and has substantial assets.
All they have to do is use the Assets a lot lot better
.......or give the cash back to the shareholders

[essentialinvestor] 02/9/2020 18:04

Rob, you don't think the new CEO will go for a higher growth, lower dividend
business?.

[eurofox] 02/9/2020 17:53

Not a bad guess 1robbob

[1robbob] 02/9/2020 17:33

spud I think you are correct!!

My guess is:
1) a Final payment of 6.5p in respect of 2019 making a total of 22p for the year
This would represent a cut of 28.8% on the previously announced Dividends for 2019
AND at the same time
2) An Interim of 11p in respect of 2020 to be followed by a Final of 11p

Both 1 and 2 to be paid in December

3) For 2021....Maintaining the 2020 payout with 4 quarterly dividends of 5.5p each and the possibility of Special Divs on disposals

This Dividend would be well covered by earnings
and the cost to the Solvency Ratio of the entire 29.5p of Divs for the balance of 2019 and ALL of 2020 guestimated at circa 10%

Total Annual Dividends of 22p at a yield of 7% = a share price of 314P (6% = 366p)

We will see very shortly
QED !!!!

[spud] 02/9/2020 13:05

rob - That would be wonderful, but I can't help but fear a fudge (not the chocolate bar either) coming along...

spud

[1robbob] 02/9/2020 11:22

There seems to be a lot of confusion about the dividends for the trading years of 2019 and 2020

For 2019 an Interim of 9.5p was paid and a Final of 21.4p was announced, but so far only 6p of this dividend will have been paid by the end of September as a 'second interim dividend'.
So the Announced dividend for the full year of 2019 was 30.9p of which only 15.5p will have been paid by the end of September...leaving 15.4p not paid AS YET!!

As for 2020, thus far no dividends have been announced or paid. Leaving a shortfall of
9.5p (2019 Interim) against 2019 at the Interim Stage

The total income shortfall for 2019 and 2020 is therefore 24.9 per per share

To prevent further confusion...I would suggest to AB that she announces in early Q4 whatever remainder of the 2019 Final is to be paid AND the 2020 Interim; both to be paid in December. The Final can then be announced as usual with the 2020 Final Results.

[leedslad001] 02/9/2020 10:11

Volume very low today

[1robbob] 02/9/2020 08:53

It will be very interesting to see how far into Q4 it will be before AB announces the dividend policy for both the delayed 2019 Final and the Future Dividends. Hopefully sooner rather than later?

[essentialinvestor] 01/9/2020 15:02

Aviva does not usually buck the wider UKX trend, unless there was significant
stock specific news.

So any view on Aviva should take account of where you see the UKX heading.

[leedslad001] 01/9/2020 15:01

agree with US but our valuations have never gone up with US

[sr2day] 01/9/2020 14:59

there is more downside according to the chart.big correction imminent in the US.

[leedslad001] 01/9/2020 14:53

looking at chart this should be bottom then bounce above 300

[leedslad001] 01/9/2020 14:52

added a few more

[essentialinvestor] 01/9/2020 14:44

Nearly 600 UK NHS and Social Care workers died fighting that 'flu'.

[spud] 01/9/2020 14:40

Our esteemed Chancellor isn't exactly helping things as he proposes taxing his way out of his Magic Tree spending policy. Sweden's response to this flu is being shown to be correct!spud

[linton5] 01/9/2020 14:13

Absolute dire just short the FTSE 100 you can’t lose lol🎣 become the worst market in the world. Boris bounce more like the Stalin stamp

[eurofox] 01/9/2020 12:23

Shares in issue 3.927B, Net Assets value per share £4.75

[hhhold2] 01/9/2020 12:03

While some already have this information & know how find it,

I was thinking it might helps others.

[eurofox] 01/9/2020 11:58

The same as when she took over then

[hhhold2] 01/9/2020 11:38

Long term debt of 428b total assets 460bl

short term debt currently 49%

next few years profit margins to decrease

on the face of it not the best!


hxxps://simplywall.st/stocks/gb/insurance/lse-av./aviva-shares


AB & her team has got their work cut out,

good luck to her & I hope she's succeeds over the next few years to bring the share price back up & a proper dividend back.

[eurofox] 01/9/2020 10:14

.. what, of waiting for a lower price?

[uppompeii] 01/9/2020 10:06

Us 25yr plus holders are war weary...

[eurofox] 01/9/2020 09:57

and again at 271.998