Diverse Income Share Discussion Threads

[ariane] 17/12/2016 21:35

Utilities | Fri Dec 16, 2016 | 7:30am EST
Total cuts scrip dividend discount on improved outlook

* Total's shares among top gainers in Paris

* Analyst says expect Total to move away from scrip soon

* Total cancels treasury shares, no financial impact

PARIS, Dec 16 French oil and gas company Total on Friday cut the discount offered for its shares in a scrip dividend scheme for the second quarter to 5 percent from 10 percent citing improved confidence in its outlook and rising oil prices.

Oil companies have used the scrip dividend programme to maintain rather than cut dividends due to the prolonged fall in oil prices in a global glut.
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Prices have rebounded from lows hit earlier this year after the Organization of the Petroleum Exporting Countries agreed to cut output by 1.2 million barrels per day (bpd) from Jan. 1, its first such deal since 2008. Russia and other non-OPEC producers plan to cut about half as much.

Brent crude futures were trading at $54.27 per barrel at 1153 GMT.

Total has said it will remove the scrip dividend scheme if oil is at around $60 per barrel in 2017.

It said in October that it was on track to deliver on its cost reduction programme, and will deliver $4 billion in savings by 2018, while increasing output.
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Total's shares were among top gainers in the Paris CAC 40, up 1.54 percent, outperforming the European Oil and Gas index , up 0.99 percent by 1136 GMT.

"We see this as a clear positive. We see this as a step in the right direction for Total, on the way to a full cash dividend, and shows the company has confidence in its delivery of free cash flow in 2017," RBC's Biraj Borkhataria, said in a note.

"We continue to believe Total should be one of the first majors that currently offers a scrip to move away and towards a full cash dividend, given the strength of its growth pipeline over the next few years," Borkhataria said.

Total said in a separate statement after a board meeting on Thursday that it will cancel 100,331,268 treasury shares that were previously repurchased off-market from four affiliates. It said the aim was to tidy its capital structure and the cancellation will have no financial impact. (Reporting by Bate Felix; Editing by Ruth Pitchford)

[waldron] 15/12/2016 19:04

Kering (EU:KER)
Intraday Stock Chart

Today : Thursday 15 December 2016
Click Here for more Kering Charts.

PARIS--French luxury group Kering (KER.FR) said Thursday its board decided to distribute an interim dividend of EUR1.5 a share for the 2016 financial year.

Kering said the interim dividend is in line with its dividend policy of recent years.

This interim dividend will be paid on Jan. 18 on positions closed as of the evening of Jan 17.



Write to William Horobin at [e-mail]



(END) Dow Jones Newswires

December 15, 2016 12:53 ET (17:53 GMT)

[aleman] 08/12/2016 16:25

ALAI first quarterly dividend held at 0.875p. I thought it might have increased with the weaker £. Yield 5.5% if held for all 4.

[my retirement fund] 08/12/2016 14:51

reci 6.7% ex divi on 15th

[aleman] 05/12/2016 14:42

I don't know if any of you might be interested in Zambeef (ZAM). It's hardly a stodgy defensive. It's a growing AIM-listed African food conglomerate that has announced an intention to pay 30% of post-tax profit as dividend, now it has managed to overcome some troubles and pay down some debt. It still has a high risk profile due to politics, interest rates and exchange rates. But it is cheapish (p/e 5-7ish?) and should see a growing yield that might start around 3-4%. I bought some last week, although I do not plan to build a large holding. DYOR.

[the grumpy old men] 02/12/2016 19:50

Royal Dutch Shell plc Third Quarter 2016 Euro and GBP Equivalent Dividend Payments

News provided by
Royal Dutch Shell plc

Dec 02, 2016, 12:31 ET

Share this article

THE HAGUE, Netherlands, December 2, 2016 /PRNewswire/ --

The Board of Royal Dutch Shell plc ("RDS") (NYSE: RDS.A) (NYSE: RDS.B) today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2016 interim dividend, which was announced on November 1, 2016 at US$0.47 per A ordinary share ("A Share") and B ordinary share ("B Share").

Dividends on A Shares will be paid, by default, in euro at the rate of €0.4413 per A Share. Holders of A Shares who have validly submitted pounds sterling currency elections by November 25, 2016 will be entitled to a dividend of 37.16p per A Share.

Dividends on B Shares will be paid, by default, in pounds sterling at the rate of 37.16p per B Share. Holders of B Shares who have validly submitted euro currency elections by November 25, 2016 will be entitled to a dividend of €0.4413 per B Share.

This dividend will be payable on December 16, 2016 to those members whose names were on the Register of Members on November 11, 2016.

Taxation - cash dividend

Cash dividends on A Shares will be subject to the deduction of Dutch dividend withholding tax at the rate of 15%, which may be reduced in certain circumstances. Based on a policy statement issued by the Dutch Ministry of Finance on April 29, 2016 (which will be formalized in law), and depending on their particular circumstances, non-Dutch shareholders may be entitled to a full or partial refund of Dutch dividend withholding tax.

Furthermore, in April 2016, there were changes to the UK taxation of dividends. The dividend tax credit has been abolished, and a new tax free dividend allowance of £5,000 introduced. Dividend income in excess of the allowance will be taxable at the following rates: 7.5% within the basic rate band; 32.5% within the higher rate band; and 38.1% on dividend income taxable at the additional rate.

If you are uncertain as to the tax treatment of any dividends you should consult your own tax advisor.

[praipus] 25/11/2016 21:24

Hi Topvest,
a) are you still invested here?
b) Was the William Sinclair Convertible Loan Note subject to a legal situation?

[maywillow] 08/11/2016 07:37

thanks sledin

enjoy your day guys

MAY ALL YOUR DIVIS CONTINUE TO BE BIG
ONES

[aleman] 07/11/2016 21:24

That does look to have considerably more listed. Thanks.

[sledin] 07/11/2016 21:16

This is quite comprehensive

[aleman] 07/11/2016 21:11

Thanks, maywillow.

I like the way it is laid out. Take the yields with a pinch of salt but they are a starting point for research. I've yet to find a site that lists all UK dividends. Get a few in the header and we might get most covered.

It's nice to see the this thread is active. ADVFN needs a good dividend thread. I might take to posting occasionally.

[maywillow] 07/11/2016 21:09

moral

NEVER RELIE ON ONE SITE

[sledin] 07/11/2016 20:45

That investorease site does not seem that good. It's missing many upcoming dividends. For example, BP and RDSA/B, are not listed on the site, yet they both go ex-div on Thursday.
I think you will miss many divs if you rely on that site

[maywillow] 07/11/2016 20:38

done and thanks

[waldron] 07/11/2016 20:34

CHEERS ALEMAN

[aleman] 07/11/2016 20:31

This is a good link for upcoming dividends which would fit nicely in the header:



The imminent 1.5p final dividend at DX. can be bought for less than 20p, for those that like that sort of thing.

[maywillow] 04/11/2016 07:52

Ex-dividend date RDS A and RDS B ADSs November 8,

[maywillow] 03/11/2016 09:24

The Board of Royal Dutch Shell plc (NYSE: RDS.A) (NYSE: RDS.B) today announced the intended timetable for the 2017 quarterly interim dividends.

2017 Interim Dividend Timetable



4th Quarter 1st Quarter 2nd Quarter 3rd Quarter
2016 2017 2017 2017
February 2, May 4, July 27, November 2,
Announcement date 2017 2017 2017 2017

Ex-dividend date RDS February 15, May 17, August 9, November 15,
A and RDS B ADSs 2017 2017 2017 2017
Ex-dividend date RDS February 16, May 18, August 10, November 16,
A and RDS B shares 2017 2017 2017 2017


February 17, May 19, August 11, November 17,
Record date 2017 2017 2017 2017

Scrip reference
share price February 23, May 25, August 17, November 23,
announcement date 2017 2017 2017 2017
Closing of scrip
election and
currency election March 3, June 5, August 25, December 1,
(See Note) 2017 2017 2017 2017

Pounds sterling and
euro equivalents March 10, June 12, September 4, December 7,
announcement date 2017 2017 2017 2017
March 27, June 26, September 18, December 20,
Payment date 2017 2017 2017 2017

[waldron] 18/10/2016 19:08

SHAME

AS YOU KNOW MANY AFFECTED BY CAP EX REDUCTIONS RESULTING
IN CASH FLOW AND P and L IMPACTS DUE TO THE OIL PRICE STUMPLE

[tony773] 18/10/2016 18:27

Waldron,

I said I worked in the industry,,,

am afraid I only look at the big ones,, have had fingers and toes burnt by RKH AMER

igas BOR BPC and a few others

[willie33] 18/10/2016 12:32

Thanks Waldron.

[waldron] 18/10/2016 12:16

tony

as our in house oil expert

WHAT THINK YOU OF vallourec VK.PA

[waldron] 18/10/2016 12:11

willie33
18 Oct '16 - 10:50 - 127 of 128 0 0
Advice please, does Direct Line actually pay a dividend of 14% or is this wrong. Thanks.


risky but nice

YES IF ONE INCLUDES THE LUVERLY SPECIAL DIVI

[waldron] 18/10/2016 11:55

tony

good luck

draw up a list and intially use your oil industry expertise

do try and make it fun as well as interesting whilst earning a return

imagine your are a consultant

cheers