Merchants Share Discussion Threads

[jfinvestments] 25/2/2021 20:58

Tomorrow could be interesting based on that finish in US markets. Sell off time in growth?

[superiorshares] 25/2/2021 18:31

Newbies to the Stock markets need to keep their eye on the US 10 year.
The consequence of a rapidly rising yield may shock some .

[goldpiguk] 25/2/2021 16:19

Hi again ctrader3,

The wording about the dividends (in the final results just published) needs to be read in conjunction with the interim report which better explains how the dividend payments and payment dates are accounted for.


Link to BAE interim report:



It states:

"Dividend

- The directors have declared an interim dividend of 13.8p per share in respect of the year ended 31 December 2019, payable in September, being the value of the dividend proposed but subsequently deferred earlier in the year.

- In addition, the directors have also declared an interim dividend of 9.4p per share in respect of the half year ended 30 June 2020. This dividend will be payable in November assuming that there are no major additional or unforeseen pandemic-related disruptions."

-------------------------------

Of the 37.5p of dividends for the year (announced today) 23.2p has already been paid, and only this years proposed final of 14.3p remains to be paid. Hope this helps.

Goldpig

[ctrader3] 25/2/2021 14:33

Hi.

Dividends

The Board has recommended a final dividend of 14.3p for a total of 23.7p in respect of the year ending 31 December 2020. The total of 37.5p per share for the year includes an interim dividend of 13.8p per share in respect of the year ended 31 December 2019, which was originally proposed as a 2019 final dividend but subsequently deferred in the light of the COVID-19 pandemic. Subject to shareholder approval at the 2021 Annual General Meeting, the dividend will be paid on 1 June 2021 to holders of ordinary shares registered on 23 April 2021.


BAE

[goldpiguk] 25/2/2021 13:34

Hi ctrader3,

Although a top 10 holding in the MRCH portfolio, BAE is not a company I usually follow. I have looked at their website to check recent and proposed payouts.

Many plc's deferred dividends due to the pandemic, and the ADVFN Financial page is not always correct or up to date.

According to the BAE website the catch up dividend of 13.8p was paid on 14th September 2020. This was the 'delayed' final dividend from the previous year. The interim dividend for 2020 of 9.4p was paid on 30th November 2020. The only proposed payout due is the 2020 final to be paid on 1st June 2021.

The good news is the proposed final dividend is an increase from 13.8p to 14.3p, so going in the right direction.

All eyes are now on the UK budget next week!

Goldpig

[ctrader3] 25/2/2021 09:19

BAE Systems Declares 23.7p Dividend For 2020, Plus 13.8p Catch-Up Of 2019 Interim

[superiorshares] 23/2/2021 21:21

Rahosi
I agree even a small amount of interest rises are going to put a spanner in the works . Particularly with mortgages.
That's what they are all going on about though . It's Global the talk .
2-3 per cent I think over about 2 years ?

[rahosi] 23/2/2021 10:12

Gov has borrowed so much (Covid) that they can't afford more than a token interest rate rise.

[superiorshares] 22/2/2021 19:31

All the talk on the business news is rising inflation ?? Interest rste rises etc.
If it does turn out to be the case , then Trusts will be trading at discount s of 15/ 20 per cent net asset value .
Who remembers those days ?

[gateside] 22/2/2021 14:47

Monthly factsheet released today

[superiorshares] 18/2/2021 17:55

GSK is beginning to look a bit

Ouchy !

[gateside] 18/2/2021 07:39

4 of their top 10 holdings all go ex-dividend today.That'll be more money in the bank for MRCH :-)BP.RDSBIMBGSK