Murray Share Discussion Threads

[steve3sandal] 03/4/2021 17:44

Very stupid too. One of my favourites turning up. I do agree that an annual salary holding should be a thing.

[panshanger1] 03/4/2021 16:15

Looking at the annual report noticed 2 directors with Nil shareholding and one with 1100 Very poor I thought

[panshanger1] 16/3/2021 11:21

New 52 week high

[gateside] 05/3/2021 09:56

Annual results published... Dividend raised...

Three interim dividends of 12.0p per share (2019: three interims of 12.0p) have been declared during the year. Your Board is now recommending a final dividend of 18.5p per share (2019: fourth interim dividend of 17.5p) which is subject to shareholder approval. If approved at the Annual General Meeting, this final dividend will be paid on 18 May 2021 to shareholders on the register on 6 April 2021. Subject to this approval, total Ordinary dividends for the year will amount to 54.5p (2019: 53.5p), an increase of 1.9% which compares favourably with the 1.2% increase in the Retail Prices Index in 2020. This represents the 16(th) year of dividend increases for the Company and cements its position as an AIC 'Next Generation Dividend Hero'. The payment of the final dividend will use approximately GBP10.2 million from the Company's accumulated revenue reserves, amounting to approximately 15% of these reserves.

[steve3sandal] 16/2/2021 17:02

I think there is an underlying portfolio tilt towards companies with growing revenues. I don’t really want them becoming the same as everything else I hold. The cash thrown off is a handicap to the simple share price chart of course.

[poikka] 16/2/2021 16:38

MYI still underperforming. They just can't grasp that there are short term opportunities to be had. All very well looking long term, but they miss out, and prospects change over time.

[panshanger1] 07/12/2020 13:14

Thanks for posting

[speedsgh] 07/12/2020 12:45

Third Interim Dividend -

The Board has today declared a third interim dividend in respect of the year ending 31 December 2020 of 12.0p net (2019: 12.0p) which will be payable on 19 February 2021 to Ordinary shareholders on the register on 8 January 2021, ex dividend date 7 January 2021.

[njb67] 03/12/2020 18:54

From half year report:

"As I have stated previously, the Board intends to maintain a progressive dividend policy given the Company's investment objective. This means that in some years revenue will be added to reserves while, in others, revenue may be taken from reserves to supplement earned revenue for that year to pay the annual dividend. Shareholders should not be surprised or concerned by either outcome as, over time, the Company will aim to pay out what the underlying portfolio earns. The Board currently intends in 2020 at least to match the dividend payout of 53.5p per share in 2019. It is expected this will entail some use of the significant revenue reserves built up over prior years for occasions such as the current crisis. At the end of June 2020 the Balance Sheet revenue reserves amounted to GBP69.6m."

With 128m shares in issue, MYI have circa 54p/share in revenue reserves to top up any actual dividend gap this year and next. So the dividend looks secure and the progressive increases remain the MYI aspiration.

You could have purchased MYI at 5.5-6.5% historic yield over the last nine months, which I suspect in years to come will look like a real bargain. A very long term hold.

[gateside] 02/12/2020 23:27

3rd interim dividend announced on 26th Nov last year. Still no news release yet for corresponding dividend this year.

[panshanger1] 23/11/2020 11:13

Re rating going on here ?

[gateside] 30/10/2020 10:39

Big drop here - seems worse than market performance

[uapatel] 13/10/2020 14:24

Not that I want a weaker economy, I feel you’re right, EI. Hopefully MYI will start the climb up, been a while.

[essentialinvestor] 13/10/2020 14:14

MYI should now outperform as UK economic data weakens.

[panshanger1] 12/10/2020 15:15

Bruce never bought into any of the racey tech shares Another value type fund Still low on going charges- now at a reasonable discount ( has in the past traded at a significant premium)Good dividend I am happy to hold and wait

[steve3sandal] 12/10/2020 15:10

Paper loss. No impact on cash as the financial wizards say when explaining away a problem.

[steve3sandal] 12/10/2020 15:09

I certainly hope so it's in my top 3 by size and losses.

[essentialinvestor] 12/10/2020 13:20

Due some outperformance over the next 6 months?.

[speedsgh] 15/9/2020 14:08

James Carthew: the challenge for Murray International investors -

[gateside] 07/7/2020 17:04

Bought a few today at 998pMissed the recent ex-dividend, but I'll get the next one. Adds a bit of extra diversification to my portfolio.

[steve3sandal] 24/4/2020 19:06

I’ve held forever and topped up yesterday to my largest position. Today we have a strong dividend announcement and a tip in the Daily Telegraph. Not surprised to see a run up to 970p. Finished down at 930p. Work that one out!

[panshanger1] 24/4/2020 17:44

Questor tip in the Telegraph income portfolio today

[rik shaw] 24/4/2020 15:06

Dividend Declaration

[panshanger1] 04/4/2020 21:25

This must be appealing now with the UK equity income sector under pressure - on a discount and a fat yield Bruce is such a careful ( if miserable)fund manager too

[speedsgh] 13/3/2020 12:51

Interesting to see that NED Kevin Carter has been adding to his holding in recent days...

9/3/20 Bought aggregate 4,000 shares at average 986p = £39,461
12/3/20 Bought aggregate 6,000 shares at average 950p = £56,996