Don't usually post here, but read comments. Sold out at 2,560.54 the other day; only £6k. I think it was a post by Jubber saying he was doing likewise. Locked in some reasonable profit & got some cash back into my account.So anyway, thanks JJ |
Disagree unfortunately Dividend extremely attractive but just due to the general malaise gripping the markets can see better buying opportunities over the next 3 months.
Wouldn't like to hazard a guess as to how low but in line with others in the 'luxury' grouping ie Diageo etc al am expecting it to get worse before it gets any better
Good luck spend those dividends wisely 'or not'
Glastonbury this weekend 'Chill' |
choo choo on the dividend express. Holding and loving my income stream here while waiting for the capital gains to come. Happy investor |
Agreed, it's high share price was about 2540p a couple of days back, so technically it should drop to around 2480p. Be interseting to see if the buybacks changed the picture. Anyone wanting the Div needs to be holding at the close today. pete |
Yes of course will fall tomorrow, but with buybacks perhaps it may only fall 50p. One thing only another 13 weeks until our next ex dividend, lol |
Usually an appreciable share price fall on xDiv day - this Thursday. |
Looking really positive here as we run towards the next divi getting locked in.
To secure that and stay above 2500 would be a really encouraging signal and get people thinking about jumping in for a push towards 3000 later this year. If rates do get cut soon then the high yielders really will start to become noticed again as a great deal of that record cash pile in money market funds is just waiting for an equity home.
Good luck all 👍🏻 |
Just remember all through covid this and IMB were throwing out juicy dividends when a lot of banks,insurers,oil majors and others weren't. |
The price today is where we were in December 2018, the slide started well before the RJR asset right down and a long way from the highs in 2017 share price of 5500..
Just let them crank out their 9/10% yield and hold for life IMO while the ITC / hotel business divestments happen, debt is reduced and the buybacks are fully funded.. :o) |
Nice breakout today let's hope the trend is changing if so 30 within a month |
Where do we see this before XD? |
Nothing wrong taking a profit can never catch the top or bottom of a share price. |
We all have our own investment decisions to make.I hope you 'run' to a better investment somewhere else wherever that might be.I like dividend income, others prefer capital growth.It's a choice. |
Sorry to spoil the party squared up this morning
Will forego the dividend and take the money and run
Good luck all |
I can't think many sellers before Thursday and buybacks, could that push us towards 2550p. Of course all depends on how the FTSE 100 behaves. |
Great start to the week.. :o)
2500+ BATS 2000+ IMPS |
Well we've broken £25. To my mind, the Boards buy back strategy is working. |
Big resistance around this area intresting to see bats push above 25 and stay there and build strength above fingers crossed |
Thanks guys. |
Pete you have to hold your shares at close on Wednesday to qualify for the dividend then you can sell at 1 second past 8.00am Thursday and you will still get the divi in your account on payment day which is 2ng August |
It's not the record date that matters - it's the ex-div date that determines entitlement to the dividend.
You must hold the share at close of business the day prior to ex-div day (in effect so that you are holding the instant the market opens on ex-div day) to get the dividend.
As to T+2, it has no bearing on the matter. That's just about shuffling money about.
What you appear to be asking is if you sell on Wednesday, which is the day before ex-div day (ex-div is the day before the record date), do you get the dividend? I'd say no as you have to be holding when the market opens on ex-div day (Thursday) and you sold the day before... |
Under standard T+2 settlement terms, as upcoming Record Date is Friday 28 June, can I sell my shares on Wednesday 26 june and still recieve the dividend? pete |
I expect to see that too, and we could well see most of the XD 58.8 pence recovered same day with the BB mopping up any sellers.. :o) |
I think over 2500p is a given by ex div, I will be disappointed if not nearer 2550p by close of business Wednesday to collect 58.8p.Of course it will fall that amount but not always, especially with buybacks. |
The ITC returns are already earmarked for debt reduction and to support/extend the buyback AFAIR...
2500 next week.. :o) |