Compounding key to becoming ISA millionaire. |
#Topazfrenzy, that is the name of the game here IMO, use the DRIP or take the dividends and build another position for free.. :o) |
We get our dividend everything 13 weeks, these are great value in my opinion, I reckon we see new trading range 2525-2250p before next ex dividend. You know how Bats can move will a fair wind behind them and buybacks until 2025 helping our cause to get there, good luck boys. |
Mine was also reinvested by ii today - early. At £23.70
Next quarter I may well buy the shares a few days prior to the dividend payout and skip the reinvestment function. Given the evidence of Friday's close price and the buy-in price this morning I would have won out. |
In 5-6 years with divis compounding (and some capital gains which we should also get) then my investment will have doubled. |
ii only reinvested my dividends today! Always seems to take them days to act lol |
Hope not. LOL. want 2500p to sell some. |
You won't see that again. |
2280p has proved to be good price to enter for traders. I done it three times so far at different timing. Shame missed the 2220p yearly low though. |
Redbaron
Disagree. Biden's re-election depends on WW3 and lockdown(and thus easy to fiddle ballot voting) in addition to giving all those illegals the right to vote!!!!!
Banana republic behaviour.
8-10 million illegals since Biden took office.
Treason. |
Just have to be patient.Biden's re-election depends a good deal on interest rates coming down in the US to relieve the cost of living crisis over there.The higher earners are weathering higher costs but the lower earning voters are feeling the pain.Even though the Federal Reserve is independent,political pressure will mount on Powell now to initiate interest rate cuts with only 6 months to election day.As sure as night follows day the BoE will start rates cuts too as they act in tandem with the US not having an individual thought of their own as it would seem. |
It looks to me as if the buybacks are stopping the steady slide in the share price If you look at the 3 year chart it's definitely flattened out over the last 5 months. We just need a bit of good news (on interest rates maybe) to give the trend line an upward jolt. |
Nice to see you around. Trying to off load some if it goes to 2500p. Missing you on GLEN board. |
Let's hope for another blue day here.PM is motoring in the US and IMB appears steady as she goes.Total annual share holder returns look compelling in both BATS and IMB with divis and BBs |
No.1 golden rule don't go short, when a company has a high yield and a buyback program, especially one that lasts until 2025.Bears will be caught and short over time. |
Each to their own strategy, but having a position bought 100% from PF dividend income and then growing at 10% compound is a thing of beauty (IMO)... :o)
Sitting on your hands waiting for opportunity is the biggest challenge as an investor, the market always offers up a few bargains a year, you just have to be ready to jump on it and as hard as you can, BATS at 2300 and 10% yield looks like 1 of them (to me) given their buyback already in place for 24/25, ramp up in vapour, ITC part disposal and debt reduction focus... |
Only 13 weeks until the next one. |
That's the beauty of 10% yields on a share like this.Either treat it as a sort of annuity and live off the income every year or if you're young enough and want to reinvest in a tax saving ISA then that's your choice.I have no dependents now so it's nice holidays for me! |
Dividend reinvested |
wont be alive in 7 years time so spend it now.. |
Dividend payday, and roll it back in again for the compounding, 7 years to double your position for free.. :o) |
Keep compounding to become an isa millionaire. |
I have two months now to decide what to do with the divvy (sic) when it lands in my account later on. No rush for me.
Elections later and Bank Holiday weekend coming up
Sit back relax and enjoy.
3 months until next one lands
Good luck |
lol, they are not ex div tomorrow it's a massive payday.Blimey lol I've been in this game over 20 years.24s |
Total Voting Rights
That, as at 30 April 2024, present 2,229,620,318 sharea
On 1 May 2024, present 220,278,266 shares
RNS says cancellation of 87 million treasury shares
Happy Investing |