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DNA2 Doric Nimrod Air Two Limited

138.50
0.00 (0.00%)
04 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Doric Nimrod Air Two Limited DNA2 London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 138.50 08:00:00
Open Price Low Price High Price Close Price Previous Close
138.50 138.50 138.50 138.50 138.50
more quote information »
Industry Sector
GENERAL FINANCIAL

Doric Nimrod Air Two DNA2 Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
15/10/2024InterimGBP0.04524/10/202425/10/202431/10/2024
11/07/2024InterimGBP0.04518/07/202419/07/202431/07/2024
11/04/2024InterimGBP0.04518/04/202419/04/202430/04/2024
11/01/2024InterimGBP0.04518/01/202419/01/202431/01/2024
10/10/2023InterimGBP0.04519/10/202320/10/202331/10/2023
13/07/2023InterimGBP0.04520/07/202321/07/202331/07/2023
13/04/2023InterimGBP0.04520/04/202321/04/202328/04/2023
12/01/2023InterimGBP0.04519/01/202320/01/202331/01/2023
13/10/2022InterimGBP0.04520/10/202221/10/202231/10/2022
14/07/2022InterimGBP0.04521/07/202222/07/202229/07/2022
12/04/2022InterimGBP0.04521/04/202222/04/202229/04/2022
13/01/2022InterimGBP0.04520/01/202221/01/202231/01/2022
14/10/2021InterimGBP0.04521/10/202122/10/202128/10/2021
15/07/2021InterimGBP0.04522/07/202123/07/202130/07/2021
15/04/2021InterimGBP0.04522/04/202123/04/202130/04/2021
14/01/2021InterimGBP0.04521/01/202122/01/202129/01/2021
15/10/2020InterimGBP0.04522/10/202023/10/202030/10/2020
16/07/2020InterimGBP0.04523/07/202024/07/202031/07/2020
16/04/2020InterimGBP0.04523/04/202024/04/202030/04/2020
14/10/2019InterimGBP0.04523/01/202024/01/202031/01/2020

Top Dividend Posts

Top Posts
Posted at 03/9/2024 06:16 by grahamg8
I now realise my English let me down. The total of planes + dividend is 129p, not 129p for planes and then plus a dividend. The exact calculation is 124.42+4.50 = 128.92. The cost of a dividend is £5.55m which would need to be subtracted from any cash in order to avoid double counting. Yes, I could certainly see £10m spare cash or 8pps. But with a current share price of 142p we would need £16m just to break even. I count DNA2 a speculative hold until more information emerges.
Posted at 02/9/2024 17:45 by andyandyoj
I guess it depends on how much of the cash (maintenance reserves etc and prepayment of rent) are still there. I have tried to work it out but am not certain. My current working assumption is 129/30 for planes, 4p for Divi and 10 - 15p surplus cash. But it’s REALLY hard to tell from the accounts
Posted at 02/9/2024 17:25 by grahamg8
andy andy I agree there should be some spare cash to distribute as well. Certainly that was the case with DNA. But how much does it translate into pps? The 'known' return is 129p for planes plus one dividend. The share price looks a bit toppy to me.

We have two new large shareholders Almitas Capital who bought 4.21% on 21/8 and Momentum Capital with 3.68% on 22/8. Perhaps they know more than we do.
Posted at 21/8/2024 06:39 by andyandyoj
Nice one - yes there is some additional cash plus another Divi to come. Good result all round and nice read through for dna 3 and Amedeo
Posted at 29/12/2023 15:23 by grahamg8
HL always a bit slow, but they get there in the end.

So where do we put our 2/7 now? It could go to buy more DNA2. The running yield is 15% and we could even see a small capital gain. Perhaps we could try DNA3 for a longer timeframe. Similar yield and a wind up date around January 2026. Other super income shares that I know about include FAIR, 14% with an end date of June 2028; and DEC, 24% and no end date.

Any other offers?
Posted at 18/12/2023 14:30 by 1knocker
Cousin, the share reduction reflects the reduced capital (and lease income) base following the aircraft sales. Had the share capital not been reduced, the dividend per shares would have to have been reduced.
Posted at 14/12/2023 10:52 by andyandyoj
What is your current forecast for dna2 capital if the remaining aircraft sell for the same? I’m struggling to work out how much cash will be left given the deferred income etc. thanks for your thoughts@carcosa
Posted at 13/12/2023 14:27 by davebowler
Just in case you missed the announcement, DNA2 confirmed on Monday that all the monies from the two A380s have been received. Therefore, the Directors were able to confirm the return of monies to shareholders as previously announced.

There will be a return of £59.23m by way of a partial compulsory redemption of two ordinary preference shares for every seven ordinary preference shares at 120p each. This amounts to some 49.36m ordinary preference shares. Following the redemption, the Company will therefore have 123,392,857 Ordinary preference shares in issue.

The Directors have already announced that they aim to maintain the Company's current dividend policy barring unforeseen circumstances, targeting a distribution of 4.50 pence per share per quarter.

As you are aware, the Company continues to own five A380s leased to Emirates and those leases come to an end next year between 1 October and 30 November 2024.

The timetable for the redemption is below:

Expected timetable:

Redemption Record Date

6.00 p.m. on 15 December 2023

Redemption Date

18 December 2023

Redemption Ex-date

18 December 20232023

Redemption Payment Date (on or around)

27 December 2023

If you have any questions please contact Chris Holland on chris.holland@nimrodcapital.com
Posted at 16/2/2023 10:00 by b2baby
Avation announced this morning that they have sold a Boing 737-800. This can only be good news for the resurrection of a proper second hand market in commercial aircraft and therefore only positive for DNA2. Most travel stocks showing major uptake for 2023 indicating that although cost of living is biting on many fronts, many are still putting money aside for holidays. Again, only positive for DNA2.
Posted at 17/10/2022 21:04 by rambutan2
Weiss out:

And Elliot in:

Trades made at 91.5p: