Diverse Income Share Discussion Threads

[aleman] 08/4/2020 10:28

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 10:05

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 09:25

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 07:43

And rsa, Direct Line

[eithin] 08/4/2020 07:11

Aviva now jumped on board no dividend wagon.

[waldron] 08/4/2020 06:36

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 11:39

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 07:41

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 10:40

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 10:30

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 22:22

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

[waldron] 02/4/2020 21:22

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

[tenapen] 02/4/2020 17:54

Hi, one of the sector's that do well in times of volatility are brokers. I would imagine the last two weeks have been a boom with increased trading as people run for the exit !. To every positive there is always a negatity and with interest rates at near zero the brokers will not be making on the money they hold. Just an idea and no advice intended. Regards. An FT graph on daily trade volumes. Https://markets.ft.com/data/indices/tearsheet/summary?s=FTSE:FSI

[bluemango] 02/4/2020 12:55

Surprised this thread isn't getting more attention. The shock coming as more companies suspend dividends in coming weeks and months is going to be incalculable - and I can't see Government coming to rescue of those of us depending on SIPP income (or other managed investments with income as main priority)

[waldron] 02/4/2020 08:18

Bouygues and Bunzl are the latest European firms to withdraw their 2020 guidance and cancel dividends due to the effects of the coronavirus pandemic on their businesses.

[waldron] 02/4/2020 07:50

Credit Agricole SA has decided to cancel the 2019 dividend following a recommendation from the European Central Bank. France's second-largest listed bank by assets will propose to shareholders meeting on May 13 to allocate the full net profit for last year to reserves, it said late Wednesday. The French bank's decision follows similar steps taken by other European peers, including France's Societe Generale SA, after the ECB asked the region's banks not to pay dividends or buy back shares during the coronavirus pandemic. The ECB wants banks to boost their ability to absorb losses and support the economy as the eurozone braces for a sharp economic slowdown caused by the pandemic. For this reason, it asked banks not to pay dividends for 2019 and 2020 at least until Oct. 1, adding that lenders should also avoid buybacks. The October deadline is incompatible with French laws, under which dividends have to be paid by the end of September, Credit Agricole said. The bank will lay out new guidelines for shareholders' returns in the second part of the year. These can include an interim or exceptional dividend. Cancelling the dividend for last year will boost Credit Agricole SA core capital ratio by 60 basis points, it said. Write to Pietro Lombardi at [e-mail] (END) Dow Jones Newswires April 02, 2020 01:37 ET (05:37 GMT)