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HAT H&t Group Plc

345.00
-3.00 (-0.86%)
22 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
H&t Group Plc HAT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-3.00 -0.86% 345.00 16:35:23
Open Price Low Price High Price Close Price Previous Close
353.00 339.00 358.00 345.00 348.00
more quote information »
Industry Sector
GENERAL FINANCIAL

H&t HAT Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
20/08/2024InterimGBP0.0705/09/202406/09/202404/10/2024
12/03/2024FinalGBP0.10530/05/202431/05/202428/06/2024
08/08/2023InterimGBP0.06507/09/202308/09/202306/10/2023
07/03/2023FinalGBP0.118/05/202319/05/202323/06/2023
09/08/2022InterimGBP0.0508/09/202209/09/202207/10/2022
08/03/2022FinalGBP0.0812/05/202213/05/202224/06/2022
09/08/2021InterimGBP0.0402/09/202103/09/202101/10/2021
23/03/2021FinalGBP0.0613/05/202114/05/202125/06/2021
11/08/2020InterimGBP0.02503/09/202004/09/202002/10/2020

Top Dividend Posts

Top Posts
Posted at 28/10/2024 14:28 by saint or sinner?
These were near enough £5 a share a year ago. Current price suggests Mr Market thinks those currently in charge of HAT aren't capable enough to deliver, particularly in what might be considered a pretty optimal climate for the industry.

They perform as well as Erik Ten Hag ... and perhaps need to follow a similar fate.
Posted at 12/10/2024 11:00 by lord loads of lolly
jm6783 - only depressing if the market’s right.

HAT has been far more volatile than usual this year & sentiment can change rapidly either way with this share.

As nothing new’s been RNS’d since August, I can’t see what “the market” is basing its more gloomy predictions on?

Unless it’s caused by Octopus reducing from 11.98% to 10.94% on 1 Oct. But they remain a substantial holder. So I don’t read TOO much into that at this stage (providing they don’t reduce significantly further before end 2024).
Posted at 26/8/2024 09:29 by waldron
Dividends

On 19 August 2024, the directors approved a 7.0 pence per share interim dividend (2023 interim dividend: 6.5 pence per share) which equates to a dividend payment of £3,044,000 (30 June 2023: £2,819,000). The dividend will be paid on 4 October 2024 to shareholders on the share register at the close of business on 6 September 2024 and has not been provided for in the 2024 interim results. The shares will be marked ex-dividend on 5 September 2024.
Posted at 20/8/2024 13:44 by lord loads of lolly
bend1pa - agreed about forex, though it's a small part of the total business. And anecdotally, more Brits have been holidaying abroad this year. If true, there'd automatically be greater overall demand for forex.

I was more impressed by the growth in retail sales. And the fact the H1 pledge book has grown slightly, even stripping out the Maxcroft acquisition.

I think the higher & longer-lived redemption rate is the main thing that has caused a small sell off today. That & possibly the fairly meagre growth in H&T's interim dividend. But it wouldn't surprise me at all if this reversed out within the next week or so, after perhaps another day or two of wobbles. In fact, I'd be more surprised if it didn't. A fall back to the 370p mark or below is certainly possible. But if you're intent on topping up, I personally wouldn't leave it too long.

H&T is already my biggest holding now, so I'll just keep what I've got, hoping (& being reasonably confident) we won't get any unforeseens in H2.
Posted at 20/8/2024 09:43 by lord loads of lolly
Anyone else tuning into their webinar at 12.00 noon today?

The results gernerally look solid to me. Not spectacular, but no real nasties either. Store numbers are up 8 (just under 3% of their total estate), so you'd expect a small uplift from this alone.

I'm pleasantly surprised by the significant pick up in retail sales (& to a lesser extent margin), as these were largely what clobbered sentiment post-Christmas 2023.

It's good to know pledge book redemption levels have now normalised. But less good that this was "later than anticipated".

I was expecting an interim divi of 7.5p, so 7p's a bit underwhelming IMHO. Especially if a 7.7% divi increase is supposed to reflect "the Board's confidence in the future prospects for the Group".

All in all, nothing to frighten the horses. But nothing to put rocket boosters under the share price either for now. That said, the share price had increased significantly over the past 2-3 days, so today's adjustment simply brings us back to where we were a week ago. The spread on this share varies enormously, making the current reported drop of 22p highly misleading & frankly meaningless.
Posted at 08/8/2024 15:10 by lord loads of lolly
bend1pa - why does "in line with expectations" imply a disappointing performance?

And why is it "management speak"?

To me, "below expectations" implies a disappointing performance

"in line with expectations" means exactly what it says &

"above expectations" means trading better than the most recent guidance

I agree though that the share price has been all over the place recently & is far more volatile than normal (reflecting global markets to some extent). Also, that H&T's held up better than most shares recently.

Next week will be interesting in terms of the interim dividend declaration. And their webinar on 20th Aug might put some meat on the bones, following their 23rd July TU.
Posted at 17/7/2024 08:41 by saint or sinner?
Low PE, still considerable potential for growth, cash generative, very tasty dividend yield ... and Directors (who know exactly how the underlying business is performing) buying.

Seriously what's not to like?

We just need the advfn BB Troll Smelly to appear on the thread to say he has shorted, then liftoff in share price is virtually guaranteed.
Posted at 17/5/2024 14:11 by lord loads of lolly
c3479z - that's good if redemptions are following a similar pattern to LY.

I imagine they are, as HAT's management strike me as trustworthy & they said in yesterday's TU: "Consistent with last year, redemptions in March and April were higher than average".

In terms of RFX v. HAT, it's true RFX yields more & has a slightly lower P/E. But things are usually cheaper for a reason.

For one, you're paying a small premium to invest in the market leader.

Also, comparing RFX's share chart to HAT's over the past 5 & 10 years, I'm glad I chose HAT. That said, neither company is a "tuck away & forget" kind of share IMHO. Perhaps more than many other companies, you need to time your buys & sells reasonably well to maximise gains here. That particularly includes knowing when to exit - which for me will probably be somewhere around the mid to late £5 mark (assuming we get there within my timeframe).
Posted at 01/5/2024 16:29 by lord loads of lolly
wad collector - me too! It certainly has been a short, sharp return to form.

I was lucky enough to set a 375p limit buy order on HAT back in January 2024. This was triggered at 319p on 23 January (day of their TU with the profits "miss") - albeit still a pretty darn good set of results.

I'd originally planned to average down on my latest January tranche if the price hit 415p (a 30% return in 3 months). But given how close we are now to 30th May ex dividend date, I plan to hang on and take the divi. Depending on how the share price looks then, I may bank some profit before July's TU just in case! You know what they say about profit warnings coming in threes, though I personally doubt this will be the case with HAT.

As for £5, it wouldn't surprise me if we hit that at some point later this year - or in Jan 25 when the next TU comes out. I've always had a mental note to reduce my holding significantly if we got to 550p+ and that remains the case. Given I bought in as low as 196p and my average is a tad over 300p, I'd be quite happy with that (especially once dividends are factored in). It never pays to be TOO greedy & HAT is currently my largest holding, so I'm conscious that I'd be heavily exposed to any unforeseen downturn here too.
Posted at 11/12/2023 22:31 by thorpematt
Yeah it's not so bad when you view it like that.

I think you have to ask: Is this "news" a future structural issue which affects prospects?

Or

Is this more of a one-off adjustment

The way I see it:
The revenue numbers are actually adjusted UP. This says that the outlook for trading is better than previously forecast (and that was already a strong uptrend). So I think that looks fairly positve.

On the other hand, the negative impact of increased wage costs could be a one off impact... or it might be a continuing trend.

The specific issue is NLW and therefore the link to salary costs for employers such as HAT.

The context of that recent large increase (straight from the official source) is here: -





-----------------------------------------------------------------------------------
(If you have read that, this next bit is relevant) It's my view on what the policy makers are saying (and the folly therein)

Really it's something of a self feedback loop. If the policy is to raise NLM and NMW proportionally to predicted wage inflation, then you are simply perpetuating a trend. Depends whether the policy makers work this out really?

Of course in high inflation environments, nflation is fed by such policies. You get fuel on the fire in other words. And then there is only one way to control it. Higher interest rates. And then you get recession. So you gotta be careful.

In the end it's all a bit "economics". I think pawnbrokers will do fine in tricky economic environments. And I think sometimes you have to be careful of economists making predictions.

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