Aviva Share Discussion Threads

[tygarreg] 23/5/2022 12:25

I must admit that I should have paid more attention but I thought that Aviva were giving us some money back with this £1 divi? But it appears they just sold 25% of my shares and gave me the proceeds. I could have done that myself. Am I missing something?

[unastubbs] 23/5/2022 11:38

reports of my death were...!?

[unastubbs] 23/5/2022 11:37

well ok...85.

[marksp2011] 23/5/2022 11:34

Una Stubbs...47?

Really?

[unastubbs] 23/5/2022 11:25

just talking to myself. 47 since you ask.

[rongetsrich] 23/5/2022 08:38

Bit silly to call names. How old???!!!

[ianood] 22/5/2022 21:07

klotzak, here here!
Let's call an end to all this whining which seems to stem from a complete and utter lack of understanding.

[klotzak] 22/5/2022 20:42

Keyhole, you post nonsense.If you have faith in the company you put your money where your mouth is. You give the impression you don't have have confidence.Rather than whine about it, sell up and leave. If you do have confidence, why whine?There are plenty of companies to invest in, a whole 100 in the FTSE100, or 250 outwith.This company is well run, streamlined and efficient, but I also have a choice... I could sell and move on. In this case I will not. You brought no constructive criticism.

[yf23_1] 22/5/2022 20:14

smurfy2001
Its already a cheaper price, wasn't the pre-price 423p, so you could buy back the 24% and have cash leftover.

[fatherjack3] 22/5/2022 18:07

Yep, cratering interest rates have hurt Aviva, as well as a disastrous acquisition. As long as Amanda focuses on the core business, coupled with rising interest rates and a loosening of Solvency regs then there is plenty of upside in the share price

[smurfy2001] 22/5/2022 16:40

Just buy back the shares when the opportunity presents a cheaper price.

[keyhole] 22/5/2022 16:13

klotzak
22 May '22 - 10:07 - 13712 of 13721

"If you are that suspicious or unsure, why are you interested in Aviva?"

Strange comment...

I have been invested in Aviva (or it's predecessors) since the 1990s. That was initially Commercial Union (CU) Then + General Accident to become CGU. Next a merger in 2000 with Norwich Union to be called CGNU. In 2002 it was renamed Aviva and the share price reached £8.20 in 2006. From then on the share price has been all downhill.

At no time in all these shenanigans did the companies impound any of my shares!

[norry2] 22/5/2022 15:01

You haven't had a dilution

[buzz24] 22/5/2022 14:37

Eurofox is my hero on here...;)

I am sceptical but agree its worth holding on in this low interest environment where its difficult to see rates moving that much actually and even if the dividend was half the rate going on...

My preference would have been special dividends over a number of years without dilution of shares.

[beermat1] 22/5/2022 14:19

Agreed, far more useful looking forward, this is a different company in a different world. Seems to me plenty of upside potential for both divis and share price Happy to hold …and add. Onwards..

[eurofox] 22/5/2022 13:52

You can track the decline in share price over the years to the low-interest environment where growth fang stocks had their day. That situation is reversing in every sense. I'm sticking with it.

[buzz24] 22/5/2022 12:56

We should remember Aviva had dividends of over 30p BEFORE they sold 8 companies and the share price is still lagging behind those days. Some seem to be relying on the increases in yearly dividends but there is no guarantee that will happen. ie the share price is way behind what it should be and may never recover. They have indeed robbed shareholders of 24% of their holdings without decent compensation. The share price two years ago reached well over 5 pounds and more before that. That means it has to reach 6 pounds plus and we are way behind that figure. They are actually saying the 5.5bn so call returned to shareholders was some kind of good will. We'll see!

[mo123] 22/5/2022 12:38

Well if they have £2B to spare. Better to have a 10p special div over the next 7 years or so. A nice round 10% yield.

[scrwal] 22/5/2022 12:03

Strictly speaking there was a commitment at the year end to return the 12% excess which could/should have been addressed by the board by acknowledgement that they will do something or even detailing what and when something would be done.

[tuftymatt] 22/5/2022 10:52

I like the sound of that 1robrob!!

[1robbob] 22/5/2022 09:09

In the Q1 statement last week
The pro forma Solvency Ratio at the end of Q1 was stated as 192%

This is 12% ahead of the BoDs target ratio of 180%, any excess over this they have committed to 'return to shareholders'

12% is circa £2.0bn:
I would expect the BoD to announce, with the Interim Results, on 10th August a Share Buy-Back Programme of £500m with the likelihood of a further £500m tranche later in the year.

The 'indicated' dividend of 31p for 2022 will cost circa £870

Also, there has to be an outside chance of a Special Dividend (one-off) at the end of the year. Every 5p of Special Dividend would cost circa £140m

Personally, I expect this style of Capital Return to happen every year for the next several years - Share Buy-Backs and Special Dividends in addition to an ordinary dividend based on 31p in 2022 growing at 5% pa

[klotzak] 22/5/2022 09:07

If you are that suspicious or unsure, why are you interested in Aviva?

[keyhole] 22/5/2022 00:14

My take on this. Aviva have helped themselves to 24% of my investment and paid me £4.237 per share. In return I have an Aviva promise of higher dividends later for the remainder.

The obvious problem is that:
1) The current Aviva management might not be there later. 'Job swapping' at CEO level is quite a profitable game.

2) Is an Aviva 'dividend promise' worth the paper it is written on?