Barclays Dividends - BARC

Barclays Dividends - BARC

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Stock Name Stock Symbol Market Stock Type
Barclays Plc BARC London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.24 0.16% 153.36 12:27:42
Open Price Low Price High Price Close Price Previous Close
151.86 151.74 156.72 153.12
more quote information »
Industry Sector

Barclays BARC Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

blackhorse23: Sold & bought MCL , excellent lender & dividend yield 35 percentage at current SP
bernie37: The latest earnings forecasts for Barclays suggest that return on equity — a key measure of profitability — will improve over the next couple of years. This is expected to translate into earnings growth of 7% in 2023 and 5% in 2024. Barclays' dividend is forecast to rise by more than 10% in each of these years.
bernie37: Summary Barclays benefits from an inflationary environment. Strong tailwinds in trading income, higher rates and nominal GDP. The credit risks are valid but mitigated by conservative provisioning. It trades at close to 50 cents in the dollar. Investors should look through the macro noise. Barclays (NYSE:BCS) has quite a diversified business model which includes both a bulge bracket investment bank as well as the UK and U.S. consumer banks (the latter is a Credit Cards business). This positions it well to weather the current macro environment. It targets RoTE above 10% for full-year 2022 even when you include the Legal and Conduct costs of GBP500 million expected in Q2'2022. Amazingly, it trades at just over ~0.5x tangible book value which suggests an earnings yield close to ~20% given the current share price. Barclays has a strong capital ratio ("CET1") of 13.8% as of Q1'2022 which is above the mid-point of its 13% to 14% target. As such, it is expected to generate a significant amount of excess capital with an earnings yield of 20%. Shareholders should therefore continue to benefit from very accretive buybacks as well as a progressive dividend. The main concern currently holding the share price back relates to the global macroeconomic uncertainties and especially the fears of a recession both in the UK and the U.S. The current macro situation and banks This is quite an interesting macro situation for a bank like Barclays. The investment bank clearly benefits from the volatility in its trading desks. And the current volatility in fixed income, as well as FX, is a bonanza for the large investment banks. Institutional investors are forced to keep on repositioning their fixed income portfolios and the bid-offer gaps are wider than usual. So the intermediaries, such as BCS, benefit from both volumes and margins. Similarly, corporates' treasuries are also very active in seeking to hedge interest rates and FX exposures. These revenue tailwinds, however, are somewhat offset by lower income on the Banking side as debt and equity issuances dry up and M&A advisory mandates are mostly on hold. Overall though, the trading revenue benefits should outweigh the slow issuance markets. And once the market turmoil ends, there will be a revenue catch-up in debt, equity issuance as well as M&A advisory - so most of that income will be delayed as opposed to lost revenue. On the consumer side, banks benefit from a hike in interest rates. BCS provided an illustrative forecast of what a +25 bps parallel hike means for its pre-tax income: Credit risk and recession On the flip side, the main risk investors are concerned with is outsized credit losses in a recession scenario. This is likely to manifest mainly in the U.S. and UK unsecured lending (i.e. mainly the Cards business). This is a valid concern of course but Barclays has a very conservative provisioning methodology. The CFO recently explained this in an analysts' meeting: ....I would say in terms of pressure, in the opposite direction, we obviously have the uncertain macroeconomic environment that we have now. There is the question of credit risk. We feel like we are well covered, we've got a good balance sheet position. So, if you look at our unsecured ratios or even if you look at the totality, we've got £6.0bn on the balance sheet, £3.5bn of which is against non-defaulted stock, so well prepared in terms of impairment Final thoughts The thesis is relatively straightforward. Barclay's diversified business model is resilient and should benefit from an inflationary environment. The upsides include a trading income bonanza, higher yields, and nominally higher GDP (and spending in the economy benefiting its Payments division). The potential risks (predominantly credit risk) are well-managed by careful risk management and a conservative level of provisioning. The firm is set up to deliver ~20% earnings yield (sustainably so) yet trades at 50 cents in the dollar. At the same time, it takes advantage of the distressed valuation by buying back stocks.
qantas: Barclays Share News - BARC Current Price 168.56p 0.00 0.0% Bid Price Offer Price 168.58 168.60 High Price Low Price Open Price Shares Traded Last Trade Market Cap (m) 0.00 01:00:00 28,266 Barclays PLC Transaction in Own Shares Intraday Barclays Chart Intraday Barclays Chart 09/06/2022 7:30am UK Regulatory (RNS & others) TIDMBARC RNS Number : 2317O Barclays PLC 09 June 2022 9 June 2022 Barclays PLC Transaction in own shares Barclays PLC (the "Company") announces that it has purchased for cancellation the following number of its ordinary shares of 25 pence each on the London Stock Exchange from J.P. Morgan Securities plc as part of its buy-back announced on 24 May 2022 Date of purchase: 8 June 2022 Number of ordinary shares purchased: 10,239,000 Highest price paid per share: 169.6200 p Lowest price paid per share: 167.4000 p Volume weighted average price paid per share: 168.6141 p
johnwise: Barclays (BARC) Summary
zaxarobal: How might Q1 earnings impact Barclaysstock?Barclay's has been on a strong downtrend this year, and shares now nearly 35% off their highs ahead of tomorrow's earnings.The big US banks have already released Q1earnings for the year, with reports highlighting the heavy toll the current macroeconomic and geopolitical backdrop is taking on investment banks.As a result, analysts are estimating a steep drop in profits for Barclays which could see the stock break support around 140, potentially leading to another sustain leg lower.However, with shares hovering near their lowest levels since February 2021, some longer-term investors could see this as a decent buying opportunity.Reports suggest the company's EMtrading revenue surged last quarter, which shouldhelp offset declines in revenue from other divisions.Financial stocks are also theoretically better suitedto higher interest rate environments, so any sort ofbetter-than-expected result or positive outlookcould help $BARC bounce.All trading carries risk, but it should be interesting tosee how the stock trades ahead of earnings today,and of course, its reaction heading into theweekend.
jordaggy: Barclays fall is excessive, says Shore Capital Barclays (BARC) shares have taken a hit this year, falling 25%, but Shore Capital says the decline has gone too far. Analyst Gary Greenwood has retained his ‘buy’ recommendation on the bank, which closed last week at 148p, down 2% on Friday, with the stock ‘materially underperforming the rest of the sector’. ‘While the downturn in investment banking and the £450m net of tax hit from the structured product breach are partly to blame, the current share price feels to be discounting a very severe outlook to us,’ he said. ‘Barclays is not short of capital and so dilutive equity issuance is very unlikely. In fact, the group still plans to buy back £1bn of stock, albeit on a slightly delayed timeframe.’ Greenwood also noted management’s plan to hit 10%-plus sustainable return on tangible equity in the medium term, and although it may miss the target this year, ‘the current price appears to be discounting a mid-single-digit percentage return forever, which feels overly cautious to us.’
stonedyou: Why I’m bullish The latest consensus forecasts from City analysts price Barclays’ shares on just 5.5 times 2022 earnings. This low multiple means the stock is also trading at a hefty 50% discount to its tangible book value of 292p per share. (That’s the theoretical liquidation value of the bank’s assets.) Barclays’ shares also offer a useful forecast dividend yield of 5.4% — well above the 4% average for the FTSE 100. Although the bank does face some risks, I think these are already reflected in the low share price. In my view, Barclays looks cheap. More importantly, I think there are some good reasons to think that the bank’s performance will improve over the next couple of years. Barclays shares: I’d buy at this price Low rates and tough competition have limited the profitability of Barclays lending since 2009. But I think that situation is changing. The Bank of England has now increased interest rates three times since December. Admittedly, the base rate remains very low at 0.75%. But the trend is upward, something we’ve not seen in more than a decade. I think this is likely to give lenders the opportunity to reclaim some of their lending margin. City analysts seem to share my view. The latest earnings forecasts for Barclays suggest that return on equity — a key measure of profitability — will improve over the next couple of years. This is expected to translate into earnings growth of 7% in 2023 and 5% in 2024. Barclays’ dividend is forecast to rise by more than 10% in each of these years. If the bank delivers on these forecasts, I think we’ll see the shares re-rate towards their net asset value of 292p. Potentially, I reckon Barclays could even be a double bagger over the long term. I’d certainly be happy to buy the shares at current levels.
qantas: Mo very good article you found thank you. Final thoughts Barclays is not our usual type of investment. It will not grow in the double digits, its profits fluctuate erratically, and it is involved in scandals regularly. However, when a business is trading below its intrinsic value, we are interested. Barclays has shown its investment bank is competitive, and the market is set to grow healthily. It has shown its commercial operations are sold, and tailwinds are ahead. Finally, it is trading at a discount to its peers, which it outperforms in many metrics. We are cautious investors, but the strong dividend yield and scope for buybacks give us some protection against downside movements. Therefore, we rate Barclays a buy.
manics: BARC has told the market the buybacks are "expected" to commence this quarter, which doesn't mean they have to, though it would look a bit squiffy if they did not. Else what are BARC telling us; that the share price is going to get cremated in the short term? The buyback shifts BARC fundamentals and has been messaged to the market. I expect them to commence this month. Once it begins it is outsourced (to JPM/Citybank historically) and then it's out of BARC's hands.
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