Diverse Income Share Discussion Threads

[scillyfool] 09/4/2020 16:47

Praipus, I think the put option has been exercised recently which should translate into a sizeable increase in NAV. Dividend looks safe and I'm sure the excess proceeds from the exercise of the put option will be invested wisely by Gervais Williams and his team.

[grupo guitarlumber] 09/4/2020 09:58

Guinness and Smirnoff maker Diageo WILL pay a dividend to its shareholders despite the shutdown of pubs and restaurants hammering its business UK investors in the drinks group will get their interim dividend payout today Drinks group confirmed lockdown is having huge impact on its business Firm has used stacks of its unused booze to help make 8m bottles of sanitiser By Jane Denton For Thisismoney Published: 10:41 BST, 9 April 2020 | Updated: 10:43 BST, 9 April 2020

[grupo guitarlumber] 09/4/2020 09:38

Https://www.morningstar.co.uk/uk/news/201310/uk-dividends-set-to-plunge-in-2020.aspx

[grupo guitarlumber] 09/4/2020 09:31

Swiss regulator welcomes UBS and Credit Suisse moves to split dividends Moves by Credit Suisse and UBS are a better outcome for shareholders compared with European peers, Citigroup analysts say By Steve Goldstein and Olivia Bugault April 9, 2020 9:14 am GMT The Swiss Financial Market Supervisory Authority said it welcomed the move by UBS and Credit Suisse to postpone half of their planned dividend distributions for 2019 to the fourth quarter. “Finma welcomes this significant step, which was taken after Finma wrote to the boards of directors of both banks asking them to reconsider their dividend plans. Finma views this precautionary measure taken by both institutions as a way of simultaneously dealing with the major uncertainties associated with the Covid-19 crisis and addressing shareholders' expectations," it said in a statement. UBS said on Thursday that it expects net profit in its first quarter to rise, while it will pay its 2019 dividend in two installments. The Swiss bank expects net profit to come in around $1.5bn, compared with $1.14bn a year earlier, while its CET1 capital and CET1 leverage ratios at the end of the first quarter should come in line with its targets. UBS said that it will pay its dividend in two parts following a request from Finma. The bank will propose a dividend of $0.365 a share for 7 May and a special dividend reserve of the same amount per share in November, it said. UBS will publish its financial results on April 28. Credit Suisse, meanwhile, will pay its 2019 dividend in two installments following a request from Finma. The Swiss bank said that it will propose a dividend of 0.1388 Swiss francs ($0.143) gross per share at its AGM on 30 April, half which will be paid from retained earnings and the other half coming form the capital contribution reserves. The bank will propose another dividend of the same amount in autumn, it said. "While the board remains of the opinion that Credit Suisse's financial strength would have continued to support the original dividend proposal made to our shareholders, we believe that this response to Finma's request, in alignment with the similar decisions made by our peers, is a prudent and responsible step to preserving capital in the face of the challenges posed by the Covid-19 pandemic," Credit Suisse said. Credit Suisse had previously planned to distribute a dividend of CHF0.2776 gross per share, it said. The decisions by Credit Suisse and UBS are a better outcome for shareholders compared with European peers, Citigroup analysts say: “This should appease the Swiss regulator Finma, while it also means that [Credit Suisse] retains an annual dividend yield of circa 4% and UBS circa 8%, even if it is now split over two payments. This is a better outcome for shareholders than we have seen at UK and European banks, which have cancelled dividends entirely.” Additional reporting by Pietro Lombardi

[aleman] 08/4/2020 09:28

Likely to return to the big dividend list sooner rather than later with the boost from lockdown. Buy MCLS: Https://www.ii.co.uk/analysis-commentary/stockwatch-bet-recovery-crisis-could-transform-sales-ii511217?utm_source=IBMW&utm_medium=email&utm_campaign=Afternoon_round_up_newsletter_070420&utm_content=&spMailingID=9115857&spUserID=MTQyNzM1ODU3MzQ5S0&spJobID=1491400675&spReportId=MTQ5MTQwMDY3NQS2 Because of sales surge: Https://www.thisismoney.co.uk/money/saving/article-8185081/How-Britains-shopping-habits-changed-amid-coronavirus.html Nisa, bought by the Co-op three years ago, saw 15 per cent more purchases and the value of them increased by half, while McColl's had seen 7 per cent more transactions last month and the value up 22 per cent.

[grupo guitarlumber] 08/4/2020 09:05

RNS Number : 1389J Rio Tinto PLC 08 April 2020 Notice of dividend currency exchange rates - 2019 final dividend 8 April 2020 On 26 February 2020, Rio Tinto announced a final dividend of 231.00 US cents per share for the full year ending 31 December 2019, with Rio Tinto Limited shareholders to be paid 349.74 Australian cents per ordinary share and Rio Tinto plc shareholders to be paid 177.47 pence per ordinary share. American Depositary Receipt (ADR) holders receive dividends in US dollars as announced on 26 February 2020. The currency exchange rates which apply for Rio Tinto Limited shareholders who elect to receive the final dividend in pounds sterling and Rio Tinto plc shareholders who elect to receive the final dividend in Australian dollars are the currency exchange rates applicable on 7 April 2020, being five business days prior to the dividend payment date. This announcement confirms the currency exchange rates applicable for the 2019 final dividend for shareholders who have made a currency election: Declared 2019 final dividend Exchange rate Dividend per share following currency election 349.74 Australian cents 0.50212 175.61 British pence -------------- ----------------------------- 177.47 British pence 1.99155 353.44 Australian cents -------------- ----------------------------- The final dividend will be paid to shareholders of Rio Tinto Limited and Rio Tinto plc and to ADR holders on 16 April 2020.

[grupo guitarlumber] 08/4/2020 08:25

Sean Farrell Sharecast News 08 Apr, 2020 07:39 08 Apr, 2020 07:39 Tesco ups final dividend amid Covid-19 sales surge cbtescosupermarket short Tesco 217.00 09:08:25 08/04/20 -4.09% -7.20 Tesco increased its final dividend as the supermarket group reported a 13.5% increase in annual underlying operating profit. FTSE 100 5,654.45 09:08:20 08/04/20 -0.88% -50.00 FTSE 350 3,160.49 09:08:20 08/04/20 -0.65% -20.52 FTSE All-Share 3,121.57 09:08:20 08/04/20 -0.63% -19.71 The company proposed a final dividend of 6.5p a share, up from 4.10p a share a year earlier. The final dividend takes the total payout for 2019 to 9.15p a share – an increase of 58.6%. Operating profit before exceptional items and amortisation for the year to the end of February rose to £2.96bn from £2.61bn as sales dipped 0.7% to £56.5bn. Pretax profit fell 18.7% to £1.32bn. Tesco's board faced calls from shareholders to pay a final dividend even though many other companies are suspending payouts to conserve cash in the Covid-19 crisis. Tesco said its annual dividend was 50% of earnings and that it intended to maintain that ratio in future. Tesco said: "Reflecting the strength of our performance last year and given our robust liquidity and balance sheet, we propose to pay a final dividend of 6.50 pence per ordinary share." Britain's biggest retailer has had a sales boom during the coronavirus crisis as customers have emptied shelves in panic buying sprees. Tesco has recruited thousands of extra staff to cope with demand and employees taking time off because of the virus. The company estimated the additional cost at between £650m and £925m. Dave Lewis, Tesco's chief executive, said: "In this time of crisis we have focused on four things: food for all, safety for everyone, supporting our colleagues and supporting our communities. Initial panic buying has subsided and service levels are returning to normal. There are significant extra costs in feeding the nation at the moment but these are partially offset by the UK business rates relief."

[wallywoo] 08/4/2020 06:43

And rsa, Direct Line

[eithin] 08/4/2020 06:11

Aviva now jumped on board no dividend wagon.

[waldron] 08/4/2020 05:36

Financial Times: ExxonMobil is slashing this year’s capital spending plans by $10 billion as it seeks to preserve its dividend in the face of coronavirus. The Times: The crisis in the car market has forced Inchcape to cut its dividend to preserve cash. The Times: A crackdown on dividend payments by insurers in Europe threatens to complicate Aviva’s plan to pay £839 million to its shareholders. Financial Times: Tesco is being urged by the shareholders to declare a full-year dividend despite public sensitivities over payouts.

[waldron] 04/4/2020 10:39

Analyst at AlphaValue, Laura Parisot SAYS "almost certain" that Atos (150 million euros in dividends), Orange (1.86 billion) and Capgemini (320 million euros) will renounce IN their TURN . Note that it had already anticipated the suspension of the dividend from Bouygues (nearly one billion euros), announced Thursday, April 2.

[waldron] 04/4/2020 06:41

The Times: BAE Systems has said that it has no plans yet to cut its directors’ pay and has deferred an upcoming payment of a £400 million dividend to shareholders.

[aleman] 03/4/2020 09:40

CMCX - one of the few intending to keep paying dividends? (Can same be assumed for PLUS and IGG?) Https://www.investegate.co.uk/cmc-markets-plc/rns/fy-2020-pre-close-trading-update/202004030700056601I/ The Group continues to have a strong balance sheet and liquidity position, and re-affirms that its dividend policy of paying a total annual dividend of 50% of profit after tax remains in place.

[waldron] 03/4/2020 09:30

The European Union's insurance regulator has asked insurers and reinsurers in the region to temporarily suspend dividends and consider a postponement of bonuses amid the coronavirus pandemic, knocking stocks across the sector. The European Insurance and Occupational Pensions Authority late Thursday urged insurers to have a prudent approach to shareholders' remuneration and variable pay. It wants insurers and reinsurers to preserve their capital position and ability to absorb potential losses, as well as ensure the continuity of their services. The advice sent share insurers' share prices dropping across the continent. The biggest fallers were Dutch companies NN Group N.V. and Aegon N.V. which both fell over 9%. Also hard hit were France's CNP Assurances and the U.K.'s Legal & General Group PLC, trading down around 7%. The U.K. still follows European insurance regulation during the Brexit transition. Some major European insurers have recently said they continue to expect to pay their previously declared 2019 dividends, including Germany's Allianz SE and Munich Re which both traded down around 2% in morning trading on Friday. Insurers and reinsurers "should ensure that their assessment of the overall solvency needs is forward-looking, taking due account of the current level of uncertainty on the depth, magnitude and duration of the impacts of COVID-19," the Authority said. "In such context, the variable part of remuneration policies should be set at a conservative level and should be considered for postponement," it added. Write to Pietro Lombardi at [e-mail] (END) Dow Jones Newswires April 03, 2020 05:00 ET (09:00 GMT)

[waldron] 02/4/2020 21:22

Even telecoms TAKE CARE EJ Certainly pleased for number son my rental incomes not so sure but so far divis relatinely safe

[erogenous jones] 02/4/2020 21:12

2020 can be argued as the easiest one in which to be an investor. Sure, most of us long termers are nursing paper losses with reduced income from dividends, but for new investors, this is manna from heaven. While I am currently down 24.3% (it was far worse a few days ago), my elder son has banked a 13% gain, re-invested the proceeds and if it were all cashed in would have made a 31% gain in a fortnight. But this thread is concerned with dividends...... and many are now evaporating as the effects of SARS-CoV-19 makes its presence known the world over. In building my portfolio, I had been very conscious of the importance of dividends to re-invest for the compound growth that these give. And in those decades, I also saw the importance of having holdings in companies that did not pay dividends, but rewarded their shareholders with capital gain. But it was not until I began to sell holdings that I realised the REAL importance of both for a healthy portfolio AND one to sustain income in retirement. I expect to retire in the next 5 years so will INCREASE my capacity for risk so that there is a mixture of capital growth and dividend income are sufficient to support me and my wife to our graves. It is all very well having shares in solid 6% dividend producing companies IF the share price is broadly going sideways with say a 15% movement either side of 0 as a sine wave. Simple case of buy and hold - capital will fluctuate but the dividend is somewhere between 5% and 7% depending on when the shares were bought. When the dividend yield rises to fabulous levels - Shell at almost 20% last week is a good example - does one buy for capital appreciation as a 20% yield is idiotic and likely to be slashed or for normalisation in a few years time when the dividend settles back to 5% or whatever it has been for donkeys years? Fags, booze, oil, utilities and property have traditionally been the dividend players. Will they in the future, or should I be looking at less speculative areas such as technology, mining and arbitrgae.

[waldron] 02/4/2020 20:22

ANOTHER MAJOR OILIE GETTING PREMIUM POINTS FOR DIVIDEND CONTINUENCE Https://seekingalpha.com/article/4335062-exxons-dividend-is-looking-safer-time-to-lock-in?utm_medium=email&utm_source=seeking_alpha&mail_subject=must-read-market-recovery-sooner-than-most-expect&utm_campaign=nl-must-read&utm_content=link-3