BATS will fall further when US opens for trading . Avoid |
car1pet: the yield is simply a result of the formula:
(amount in pence of the full years dividend x 100) divided by the share price in pence. So,
(230.88 x 100) / 2300 = 10.0383%
If the share price falls further that yield increases. BUT, that has no bearing on the dividend amount which is currently 230.88p per share. If their PROFITS fall massively then that could cause a drop in the dividend amount.
At such low share price levels there could be a temptation to buy their own shares back and that could be at the expense of a dividend increase/special dividend.
It is precisely because the yield at a £23.00 share price is so high that I've bought more shares.
I've locked-in a 9.4% return on my investment - every year - providing the company does not cease paying dividends or decreases the dividend amount. Without either scenario I am guaranteed 9.4% irrespective of what the share price does or how global interest rates move.
Some may argue that should the share price fall to stupid levels, such as, say, £10 I've lost more than half my investment. This is true. But I STILL get £940 a year or more. I'd have lost ALL of my investment the day I die with an annuity. |
I see the update as reiterating guidance,perhaps a little to the lower end.Nothing to see really. I'm not a tax expert but I wonder,if one of those reading is,might there be a tax advantage in taking the 25 billion non-cash impairment charge? |
BATS p/e less than 6 philip morris on 15 maybe BATS should drop the B and go and list solely in the USA. |
That's a rubbish reaction. Investor's capital getting hammered. Disappointed to say the least. |
Algorithms don't look at dividends, etc, they are programmed to look for words, in this case sell. But fundamentally sound, strong cash flow, dividend yield massive.Another quarterly ex div 21st Dec 57.72p in tax free isa bag. |
We will continue to reward shareholders through our strong cash returns, including our progressive dividend, and, once the middle of our leverage range is reached, we will evaluate all opportunities to return excess cash to our shareholders. |
Wow down 188p i wasnt expecting that. Presumably the divi will not be increased next year. Could even be reduced. The yield is currently around 10% which is not sustainable |
Last update at Agm it touched 3000p.This update below 2300p. |
Prescription-only vapes would be counter productive, just driving many vapers back to the convenience of unhealthy cigs, rather than face the rigmarole of prescriptions. And by further following Australia’s lead and ramping tax up to extreme levels, the illicit criminal market here would boom too, with corresponding loss of taxation.
Proper regulation of outlets through licensing, combined with fair taxation is the way to go. |
It's not investors it's algorithms kicked in about 70% of trade.230.9p dividend, should be 240p next year. Either bargain of the year or a dog. |
year high 3453 !I am obviously keeping tight ahold and may add but do not want to be overweight here. Calm minds. The market is a crazy animal. Looking forward to my divis and this is an investment. Average price £26.34 |
Took a few early 23's. Will take a final tranche if we see mid 21's before ex div. I expected a red day, but not that big a drop. That dividend will keep me warm (and patient). GLA. |
IMB attempting to catch BATflu.spud |
Algorithms kicked in and smashed it. |
I suppose some bungs someone to write a negative article in the DT. then the shorters move in. Bingo, down we go.
A little bit of corruption is good for us.
It is the legal profession in full force today also. They fear the nice little earner, the gravy train of migration, is under threat. Ministers threaten to resign if we break from the EU human rights.
Lots of dosh to be made for human rights lawyers, these immigrants supposed to be in danger of their lives, there could be 100 million of them, are legally entitled.
Fags migrants....let me out of here. |
I bought £5k at 230.0003 It's averaged me down considerably - £25.08 on the £10k holding.
I'm ONLY chasing dividends in this SIPP and at £920 a year on £10k I am more than happy. |
Does seem overdone , but not too much positive detail in the update and FTSE massively fickle for sniff of bad news. In for long term divi and re-invest a portion YoY in BATS & IMB. Final results in FEB24 will be critical GLA |
madness. peeps are in a panic. always best to wait till after 9.30 and than clear up the blood. |
I have an order at 2300p. |
Under £23 - going down due to 2023 revenue at the lower end of guidance - yield over 10% but share price down - falling knife |
I thought 50p down not 7.5%. 230.9p a year dividend, someone knew yesterday. |