Impax Asset Management Dividends - IPX

Impax Asset Management Dividends - IPX

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Impax Asset Management Group Plc IPX London Ordinary Share GB0004905260 ORD 1P
  Price Change Price Change % Stock Price Low Price High Price Open Price Close Price Last Trade
3.00 0.77% 395.00 383.00 405.00 390.00 392.00 16:35:27
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Industry Sector

Impax Asset Management IPX Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

topvest: Yes, very positive again. Think 2019 and 2020 will probably see a bit of share price consolidation. Medium term looks very bright though - just think about the profitability when and if AUM get to £30 billion.
sirrux: Interesting yo yo moves in the share price, does the 'New Green Deal' mean anything for this or are we all destined to choke on Trump's fumes? Lol.
topvest: AUM good for Nov and back up a tad to £12.28bn. hxxps://
dan hol: Agree with all. And annual results out next thursday. Earnings predicted to double, and for a short window IPX will look super cheap before share price marches on. BUY!
jamielein: AUM has just been updated on their website for the end of August: 31/7/18 - £12357m 31/8/18 - £12588m hxxps://
topvest: Thanks - excellent news. Really is firing on all cylinders. Share price should bounce back off the support level given what's going on trading wise. Suspect the momentum traders will be buying the dip soon.
jamielein: AUM at 31/7/18 has just been published on their website hxxps:// It's increased from £11754m (as of 30/6/18) to £12357m, a 5.1% increase
douglas fir: hxxp:// Impax Asset Management (IPX) Good-quality boutique asset managers can attract loyal followers, and Impax has successfully carved out a niche in the market. There is a growing trend both in the UK and worldwide for sustainable investments. And that is likely to continue to rise as more and more millennials become engaged with their investments. Impax was one of the first on the scene, with its flagship near-£500 million investment trust Impax Environmental Markets (IEM) launched in February 2002. They have added to their fund range over the years, but have remained focused on sustainability. This, according to Ken Wotton, manager of the LF Livingbridge Micro Cap fund, leaves them well-placed to benefit from a continued increased in the shift towards sustainability-type products. That demand should drive assets under management forward. “The capability they have is going to be attractive for larger asset management firms who want to take advantage of that trend,” he adds. Assets under management growth has been seen in recent years, and the recent acquisition of US-based Pax World Management took them past £10 billion, which is a “psychologically important milestone”. In fact, assets grew 51% in the six months to 31 March 2018 to just over £11 billion. Wotton is supportive of the Pax buy, despite acquisitions of US corporations by UK-domiciled entities being risky. He says Pax is a “low-risk transaction”, as the pair have been working together for 10 years so “they know the business very well”. Another string to its bow is its private equity mandates, which tend to be higher-margin and also gives them diversification in regards to their end clients. They are also long-duration vehicles. Wotton believes Impax has the scope to more than double its assets under management over time. But it’s also reasonable to assume it may become a takeover target itself in the long run. Something similar to Liontrust’s acquisition of Alliance Trust’s sustainability mandates. In the meantime, the balance sheet remains strong, as proven by recent results in which it promised a 2.6p special dividend and hiked its interim pay-out by 57% to 1.1p. The share price has almost trebled in the past 18 months and nearly doubled in the past year. But Wotton says it’s not actually trading on that high a multiple, at 16 times forward earnings. “That is a bit above the market, but it’s growing a lot faster than the market and it should fall quite rapidly.
topvest: Share price seems to have steadied itself. This is my biggest holding out of 310 stocks held. Not tempted to top-slice at this point, if at all. Great company in the making.
robsy2: Just for the record , I have taken profits today.With the share price at this level, the future will need to be stunning and so bright that we’ll have to be wearing shades! This company has come a long way in a short time and the valuation has gone even further, so i took some profits and sold half of my holdings.. It’s a hard one to call, because they are doing so well and they are going to continue to do well. This is a company with a big future but for me it is hard to justify the valuation. The valuation analysis is further (if nicely) complicated with te takeover, the deal looks sweet but hard to read. Whichever way you look at it, IPX is now priced to perfection in that there is no room for any setbacks ....and there are usually setbacks, so the next move may well be down. Taking profit will allow me to rebalance my portfolio which has become seriously skewed, due the stellar performance of IPX. I still have a sizeable holding and am happy to stay a long-term holder. R2
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