M&g Share Discussion Threads

[skinny] 13/3/2024 11:04:57

The yield chart from the above article.



"A technical but critical point is that M&G is also one of the few insurers to have benefited from the transition to the new accountancy rule IFRS17, which affects how insurance contracts are reported, as it has allowed the company to bring forward profit recognition in this area. The rule has had the opposite impact on the annuity portfolios of many of its rivals, where profit recognition is being deferred."

[tuftymatt] 13/3/2024 07:54:40

Excellent and let's hope it helps to draw a 230 support line.

Good luck all 👍🏻

[masurenguy] 13/3/2024 07:11:05

"Shares are trading at an undemanding 11 times forward earnings, cheaper than rival Abrdn at 13 and at a similar level to Schroders. M&G’s path toward growth still looks a little unclear. Altogether, the group controls around £332 billion, which makes it a relatively small fish in a vast and competitive sea of cash. Investors should not expect returns to blow the lights out, but for those looking for reliable payouts and steady returns, this stock looks a good fit.
Advice Buy
Why: High and well-covered dividend suits income investors"

[unastubbs] 13/3/2024 06:18:36

A steady ship for income investors

Tempus in The Times

[helen troy] 12/3/2024 15:44:31

It's beaten that today Skinny :-)

[helen troy] 12/3/2024 15:10:16

The Mng share price has increased by the divi amount over the last month so the takes care of the reduction on xdivi day. I'm looking forward to the excitement or mayhem! coming shortly.

[unastubbs] 10/3/2024 15:03:47

Masurenguy, i think your sense of humour battery may have run down, i was, as you see it, in my uncouth way poking fun at CWA1 for not checking the investors calendar. anyways, to both of you, no offence intended.

[scruff1] 10/3/2024 13:33:04

4398
Ditto

[masurenguy] 10/3/2024 13:13:25

In the first place I very clearly did not state that the March 28 date was a firm XD date. Secondly, I never made any reference to the dividend amount.

"I think that the XD date is March 28."

[feddie] 10/3/2024 10:01:42

Just to set the record straight:

The 28 March XD date is provisional and subject to change (See note below the table)

As of 10 March, the dividend has not been declared so the amount of the [potential] dividend has not been disclosed.

All numbers lightly posted here are pure speculation and naturally provoke harmless innocent ironic comments.

[masurenguy] 10/3/2024 09:38:27

Ref post #4393: What an unprovoked and uncool post - always a few trolls who appear on these threads !

[scruff1] 09/3/2024 18:03:58

CWA1
Why?

[laurence llewelyn binliner] 09/3/2024 14:31:01

I was hoping the XD would fall back until after 06.04.2024 and new ISA day, but seems we lucked out, so will have to add post XD to catch it next year.. :o)

[cwa1] 09/3/2024 13:55:32

Apologies. I hadn't seen that. Seems impressive that they're going to manage the XD just one week after results are announced

[skinny] 09/3/2024 13:26:41

The link is in the header!

[unastubbs] 09/3/2024 13:16:47

It's remarkable isn't it. It's like he as some spooky prescience, second sight or something. I wonder if he could recommend some numbers for the lottery tonight

www.mandg.com/investors/shareholder-information/dividends

[cwa1] 09/3/2024 13:10:12

Impressive that some folk seem to know the XD date even before the results are announced 😀

[masurenguy] 09/3/2024 12:11:52

I think that the XD date is March 28.

[rongetsrich] 09/3/2024 08:34:04

I agree with Helen, this has tended to drop moree than the divi, so I think an initial drop at market open 17p with a slight recovery over the day.

[helen troy] 08/3/2024 15:45:50

My view on the divi pullback is at least 13p.

[adejuk] 08/3/2024 11:58:45

bought back 25k at 221
nice chart now. how to time the other 25k is problematic. not that it really matters oover a few pence but i'd rather buy at under 220. divi soon. what kind of pullback might that entail? it looks as if the market is feeling more bullish about financials and anticipating a recovery later this year.
optimistic

[adejuk] 08/3/2024 11:37:19

seems we might be in an elliott series

[helen troy] 07/3/2024 12:48:20

https://www.independent.co.uk/news/uk/home-news/nationwide-virgin-money-debbie-crosbie-b2508495.html

[willywonka12] 07/3/2024 12:29:20

NATIONWIDE TO BUY VIRGIN MONEY
has added speculation to takeover targets

[skinny] 07/3/2024 12:25:45

1+ year high @232.70p