Only need three shares to have a monthly income stream, GSK, Unilever, Bats, all pay quarterly and they work out a dividend for each month. Also you could have BP. |
Unlike Monty I'm prepared to hold my hand up when wrong, the oracle did say £26 by the 3rd not 1st.Still a stupid prediction, like all his others, nobody can predict the future it's pointless. |
ACTION: What do you then do with that cash?
I've looked at the 'maths' of buying shares in the company that is about to pay me a dividend a week or so before that divi is paid. Unless the amount is quite large then the difference in dealing cost at ii (£5.99 for a normal buy and £0.99 for a re-investment) makes such effort pointless.
Lately though, I have considered following your example but buying other stocks with the divi to spread my investments.
Then I hit the perennial problem: what to buy for divi yield? |
I always my divi in cash. |
But I think I said 2600p on dividend reinvestment day Friday 3rd Nov. I hope not, my dividend reinvestment in my Isa kicks in on Friday, up to the max, so can't buy now, otherwise I would have filled my boots by now. Ok if they stay this price more bang for our buck. Next ex div 21st Dec and in before then.Dividend compounding eight wonder of the world. |
Lol, is he keeping on about that, one day he may have something to say about this share, rather than a poster, that's while he's filtered by me.If the FTSE 100 gets hit, the good, bad and ugly all get hit as well. |
monty did say £26. But, dave, isn't it worth waiting until 4:30pm Wednesday before reminding everyone? |
Bght some on Friday to average down. |
If BOE doesn't raise rates on Thursday, could be the signal to move into the FTSE 100 high yielders and kick start the annual Santa Rally. |
Didn't you say £26 by Wednesday? |
Don't worry everything in the price, that's why they are at 2400p not 3400p, in the meantime nice 57.72p in the bag Friday, then only 13 weeks for the next dividend. |
BATS breach of support confirmed. It can go much deeper.
Wait for the publication of the menthol ban USA FDA...
Waiting for a bottom and subsequent trend reversal.
Waiting for a stable uptrend with higher highs and higher lows.
A falling knife |
Any indication that FED is done BATS will recover. Hopefully later part of 2024 |
So Monty, nearly £2 in three trading days to hit your prediction. An average daily gain of 2.7%....I wish, but alas it's highly unlikely and yet another call that's complete pants :) |
ii reckon BATS is about 37% below its fair value. From memory they think it should be a tad below £40 but you're not a million miles out there topaz.
I am keen to average down from the £27.37 the £5k cost me in Sept. Then again, I'm conscious that £5k reduces my cash interest earnings with the ii SIPP as anything over the £100k in cash earns a reasonable rate.
But not approaching the yield this share provides.
My research shows the div. has always increased or remained the same. Please feel free to correct me on this as I am no expert.
Have a great weekend all. |
This is down today because Altria was beaten down yesterday in NY as it missed earnings (by only a tiny bit lol)
Altria is now yielding 10%!
These tobacco companies are totally mis-priced by the market, analysts know this and thus the much higher price targets from them and buy ratings galore.
When interest rates go down these will be in demand again as the yield is so high, in the meantime just collect the divis and keep adding on big dips if you have the funds.
BATS should be at £40 all day long, that would be its fair value. |
The ftse is becoming a frustrating investment environment, not just for bats either. |
So on that basis it's not very likely then!. |
Common sense perhaps? |
Can you support that assertion? |
This will delist and move to the US soon. |
Watch out for bond vigilanty. It will.move rates higher and may drag BAT down. Also cout case for menthol Ben in USA. |
Got a far bit to do to hit the oracles forecast of £26 by close next Wednesday!! |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
