We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Liontrust Asset Management Plc | LIO | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 14.00 | 3.24% | 446.50 | 16:29:58 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 432.00 | 432.00 | 449.00 | 432.50 |
| Industry Sector |
|---|
| GENERAL FINANCIAL |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 21/11/2024 | Interim | GBP | 0.22 | 28/11/2024 | 29/11/2024 | 08/01/2025 |
| 26/06/2024 | Interim | GBP | 0.5 | 04/07/2024 | 05/07/2024 | 09/08/2024 |
| 16/11/2023 | Interim | GBP | 0.22 | 23/11/2023 | 24/11/2023 | 05/01/2024 |
| 21/06/2023 | Interim | GBP | 0.5 | 29/06/2023 | 30/06/2023 | 04/08/2023 |
| 18/11/2022 | Interim | GBP | 0.22 | 08/12/2022 | 09/12/2022 | 13/01/2023 |
| 22/06/2022 | Interim | GBP | 0.5 | 30/06/2022 | 01/07/2022 | 05/08/2022 |
| 01/12/2021 | Interim | GBP | 0.22 | 09/12/2021 | 10/12/2021 | 14/01/2022 |
| 23/06/2021 | Interim | GBP | 0.36 | 01/07/2021 | 02/07/2021 | 06/08/2021 |
| 25/11/2020 | Interim | GBP | 0.11 | 03/12/2020 | 04/12/2020 | 08/01/2021 |
| 08/07/2020 | Interim | GBP | 0.24 | 16/07/2020 | 17/07/2020 | 21/08/2020 |
| Top Posts |
|---|
Posted at 05/12/2024 07:17 by masurenguy Panmure Liberum: Liontrust over MitonPremier Miton (PMI) is cheap but other asset managers are cheaper, says Panmure Liberum. Analyst Rae Maile retained his ‘hold’ recommendation and target price of 100p on the investment company, which rose 10.2% to 60.6p on Wednesday. The group reported a strong start to the current financial year, with better-performing markets and reduced outflows, meaning assets under management at the end of November were £200m higher than at the end of September. "Another year of earnings per share covering a maintained dividend per share of 6p per share is in prospect should flows continue to normalise and markets behave. The price/earnings ratio on little changed earnings per share estimates is under 9 times and the yield on a maintained payment 10.9%." This means that the shares are ‘cheap’ but Maile noted that ‘others in the sector – most obviously Liontrust (LIO) – are cheaper, yield more, and arguably have greater gearing to a more positive flow environment’. |
Posted at 28/11/2024 09:43 by m w First Interim DividendIn accordance with the Company's longstanding progressive dividend policy, which remains unchanged, the Board is declaring a first Interim dividend of 22.0 pence per share (2023: 22.0 pence) which will be payable on 8 January 2025 to shareholders who are on the register as at 29 November 2024, with the shares going ex-dividend on 28 November 2024. The last day for Dividend Reinvestment Plan elections is 13 December 2024. |
Posted at 23/11/2024 12:27 by smithie6 MisterMD wrote"Declaring and paying dividends has nothing directly to do with current earnings per share (EPS)" imo you are very wrong if the company pays 72p/share for '24 then imo its cash pile will be depleted & imo there is a real % risk that it wont be able to do it again in '25. So, the ability to pay, or not, a high divi % is a very real subject....& the reality has to be considered. The regulations perhaps allow LIO to issue loan notes to obtain cash to pay a high divi if the co. does not have the cash....but doing that would not go down well with the mkt imo, nor would cutting the divi. ======= The surplus cash number. Imo one can NOT assume that all the surplus cash can be paid out as a divi. This company has many big expenses such as lay off fees (~£4m in 1 year, if AUM were to fall faster then that cost would surely rise, a real cash cost), professional fees, internal re-organisation costs, costs to implement its new plan, losses from international expansion, etc).....& the risk of unknown costs. And people, funds putting their money in to LIO funds will look at the LIO accounts & will demand to see that the company holds a cushion of cash. So, the company must keep a 'cushion' of surplus cash. The current cushion of surplus cash of £46m is not that big when compare with the AUM of ~£25.000m or the annual operating cost. How much of a surplus cash cushion does the bod want to keep ? £10m, £20m, £30m ? It is a good question imo. (because the dirs use spin in the accounts they have imo been careful "not" to reveal that information). If it is £30m then imo after paying the final divi in Aug '25 then the divi must be reduced. And the mkt will think about it in advance. |
Posted at 22/11/2024 07:08 by masurenguy Berenberg cuts Liontrust target price Liontrust Asset Management (LIO) has faced a tough time but it is well-positioned for when the market turns, says Berenberg. Analyst Alexander Bowers retained his ‘hold’ recommendation and cut his target price from 625p to 500p on the investment company, which jumped 8% to 450p on Thursday following first-half results to the end of September. Assets under management and advice declined in the period and continued to fall in the second half, although the company maintained its 72p dividend. It also launched a £5m buyback programme, which is equivalent to 2% of share capital. ‘We maintain our “hold” rating and decrease our price target given continued uncertainty about the flow environment,’ said Bowers. ‘While it is challenging to predict when the active flow environment will become more positive, we view Liontrust as well positioned to benefit from a tailwind once favourable investor sentiment returns to the UK equity market.’ The shares have lost a quarter of their value this year. |
Posted at 21/11/2024 11:23 by martinmc123 2*Liontrust Asset Management posted more soft underlying HY25 numbers this morning but interestingly the share price has bounced 8% suggesting that bad news may now all be “in the price” after the 80%+ correction from 2021 peaks. Gross Profit was down to £81.1 million from £98.6 million, adjusted profit before tax was £25.8 million down from £36.0 million in the prior year period. Performance is on track to roughly match FY23 numbers which were a fair way below record FY22 performance. However, the outlook for the sector...from WealthOracle wealthoracle.co.uk/d |
Posted at 21/11/2024 07:02 by mister md · First Interim dividend per share maintained at 22.0 pence.· The Directors intend to target a dividend of at least 72 pence per share for the year ending 31 March 2025. · A share buyback programme of up to £5 million, phased over the period to 31 March 2025. · Cost savings of around £4.5 million on an annualised basis to be implemented by the end of the current financial year. 'Our confidence is reflected in the fact that we are targeting the same dividends as last year and have announced a share buyback programme. ' |
Posted at 18/10/2024 08:08 by rcturner2 RCTurner2 - 09 Sep 2024 - 10:07:16 - 907 of 1022 Liontrust with Charts & News - LIOwow, talk about head in sand In 12 months they went from £50m operating profit to zero (in fact they made a loss). Since then their performance has got worse, their numbers are going the wrong way. They are relying on accounting manipulation to show "adjusted profit". RCTurner2 - 09 Sep 2024 - 07:30:32 - 905 of 1022 Liontrust with Charts & News - LIO The problem with LIO is the poor performance last year. For the financial year ending in 2023 they made £50m operating profit and applied £36m of positive adjustments to claim an adjusted profit of £86m. For the financial year ending in 2024 they made zero operating profit and applied £66m of positive adjustments to claim an adjusted profit of £66m. To me this stinks of financial manipulation and I don't trust the adjusted numbers. |
Posted at 11/10/2024 06:25 by masurenguy Liontrust fears ‘misplaced&rsqLiontrust (LIO) has suffered from the ‘general malaise’ seen by the asset management industry but dividend concerns are ‘misplaced&rsq "We anticipated that the industry had a lacklustre quarter for flows and Liontrust has not escaped the general malaise, with September having proven particularly difficult it appears. Retail outflows of £900m were ‘in line with our estimate’ but institutional outflows were ‘slightly worse than we had hoped, although stronger performance was an important mitigant. The wait for a turn in flows – for the industry as well as for Liontrust – continues. Hopefully, the Budget will offer some relief. In the meantime, we believe that fears with respect to Liontrust’s dividend are misplaced, with an estimated 13.6% yield on offer helping to soothe the continued wait." said Maile |
Posted at 27/9/2024 07:08 by mister md I quite like boring low p/e stocks with high dividend yields (ie the FTSE) - comes with the added advantage of not having to monitor the shareprice all the time, unlike some of the riskier US Tech stocks etc. Currently have a 7% average dividend yield on my portfolio. But no doubt investing in the US markets over past two decades would have been a far better decision ... |
Posted at 14/7/2024 07:06 by masurenguy Liontrust says things will only get better for fund groups under LabourLiontrust boss John Ions is hopeful of growth under Labour as a trading statement shows outflows slowing to £900m in the latest quarter. Liontrust (LIO) chief executive John Ions has put his faith in the new Labour government to improve the outlook for the UK’s fund managers. A trading update covering the three months to 30 June, the first quarter of Liontrust’s financial year, showed net outflows hit £900m over the period, down from £1.6bn in the same quarter last year. In a statement accompanying the update, Ions said that last week’s election result offered hope of stability. ‘Labour’ Like many asset managers, Liontrust has faced challenges in recent years as high interest rates and inflation have roiled stock markets and hit demand for actively managed funds. A specialism in UK equities (a sector that has seen significant outflows) has also hurt Liontrust, manager of Edinburgh (EDIN) investment trust, while a failed bid for GAM hurt full-year profits in the most recent financial results. According to Morningstar data, Liontrust shares have lost investors more than 55% over the past three years to the end of June. However, Ions said Labour’s push for stability and growth under chancellor Rachel Reeves, as well as a need to encourage investors to save more in their pensions, would help the asset manager going forward. ‘Along with falling inflation and the expectation of a reduction in interest rates, this should encourage international investors to return to the UK and boost capital flows to the stock market,’ Ions said. ‘Given the ever-increasing need for individuals to save more for their retirement as well, this will significantly improve the outlook for asset managers.’ |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
