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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Sainsbury (j) Plc | SBRY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -5.00 | -1.87% | 263.00 | 10:15:09 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 263.20 | 260.60 | 266.40 | 268.00 |
| Industry Sector |
|---|
| FOOD & DRUG RETAILERS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 02/11/2023 | Interim | GBP | 0.039 | 09/11/2023 | 10/11/2023 | 15/12/2023 |
| 27/04/2023 | Final | GBP | 0.092 | 08/06/2023 | 09/06/2023 | 14/07/2023 |
| 03/11/2022 | Interim | GBP | 0.039 | 10/11/2022 | 11/11/2022 | 16/12/2022 |
| 28/04/2022 | Final | GBP | 0.099 | 09/06/2022 | 10/06/2022 | 15/07/2022 |
| 04/11/2021 | Interim | GBP | 0.032 | 11/11/2021 | 12/11/2021 | 17/12/2021 |
| 28/04/2021 | Final | GBP | 0.074 | 10/06/2021 | 11/06/2021 | 16/07/2021 |
| 05/11/2020 | Interim | GBP | 0.032 | 12/11/2020 | 13/11/2020 | 18/12/2020 |
| 05/11/2020 | Special | GBP | 0.073 | 12/11/2020 | 13/11/2020 | 18/12/2020 |
| 07/11/2019 | Interim | GBP | 0.033 | 14/11/2019 | 15/11/2019 | 20/12/2019 |
| Interim | GBP | 0.033 | 13/11/2019 | 15/11/2019 | 20/12/2019 | |
| 01/05/2019 | Final | GBP | 0.079 | 06/06/2019 | 07/06/2019 | 12/07/2019 |
| Interim | GBP | 0.079 | 05/06/2019 | 07/06/2019 | 12/07/2019 |
| Top Posts |
|---|
Posted at 25/4/2024 08:04 by unastubbs Dividend unchanged?? what does that signal? lousy performance from bank, non-food parlous. not a happy bunny... |
Posted at 22/4/2024 22:00 by loganair Jefferies upgraded its stance on a host of UK retail stocks on Monday - Marks & Spencer, Next and Sainsbury's were all upgraded to 'buy' from 'hold'.On Sainsbury's, the bank said fears around an excess capex burden limiting free cash flow upside have provoked intense investor concern since the capital markets day in February. "We believe this overstates the risks and overlooks the positives emerging from the most supportive competitive backdrop in UK grocery in decades," it said. "SBRY in particular have outlined a multi-pronged approach to capitalising on this situation. As we noted after the CMD, the plan is to enable margin expansion through volume growth and opex control. "All of which offer substantial upside to FCF, which we see at a cumulative £1.8bn over the next three years versus guidance for 'at least £1.6bn'." Jefferies has a 300p price target on the shares. |
Posted at 17/4/2024 19:59 by spob .He holds around 10% of SBRY iirc please correct me if wrong |
Posted at 11/4/2024 07:50 by unastubbs #757 tesco margin is 4.3% while sbry is/was 3% per fy 22-23, so some way to go i think. |
Posted at 02/4/2024 21:01 by loganair jag - "My understandinfg is loganair is a longtime Sainsbury’s shareholder but does not rate the management or the company’s strategy. Not a Tesco shareholder." - 100% correct.When it comes to Sainsbury's management they seem to be following what the other supermarkets are doing rather then trying to come up with an idea of their own. All they seems to be worried about is how cheaply can they sell their products for and being as green as possible when as a share holder I'm concerned about as much profit as possible in turn leading to the highest possible dividend which has not really been the case over the past 10 years. When ever possible I also post Nielsen market share which is completely different to Kantar as they also include M&S food who have circa 3.8% market share and is likely to continue to rise to 4.0% by the end of this year. Also Nielsen show Aldi and Lidl at a far higher market share then Kantar do? |
Posted at 07/2/2024 07:44 by bountyhunter Enhanced Returns for Shareholders - Progressive dividend commitment and share buybackThe strength of our balance sheet and cash generation will allow us to invest capital in targeted areas, further strengthening our capabilities, driving growth and efficiency and generating higher profits and returns. A higher level of capital investment is balanced with a reinforced commitment to strong free cash flow generation and stronger returns for shareholders. Specifically, we will now commit to a progressive dividend policy from the start of next financial year and the commencement of a share buyback programme, with £200 million of share capital to be bought back over the course of the next financial year. |
Posted at 27/11/2023 13:48 by anhar I'd agree that SBRY is hardly differentiated from the other sm chains. I bought my stake as part of my income port a very long time ago because I wanted a large retailer for diversification. If I was setting up the port now I'd prob exclude retailers altogether, they're just too risky. Many go bust, others as you suggest stagnate because they are unable to grow in a saturated market.I hang on to SBRY because I hold long term for income and dump a share only if it goes very wrong, or occasionally when a much more attractive opportunity arises in another stock on a higher yield to increase income. Trailing yield on a divi of 13.1p at 275p is 4.8% which aint too bad. |
Posted at 04/11/2023 11:03 by noobiedoobie I am aggressively buying SBRY next 6 months, target 500p+I am one of those shoppers who has switched to SBRY permanently from Lidl Tesco. Since joining nectar program I do indeed make great savings on personalized nectar offers and since the company rolled out smartshop scanners in-store I have been taking full advantage of the 25-30% multi use discounts I get on selected items that change each week. I also don't live near a Aldi so SBRY price matching to Aldi means I get best of both worlds without traipsing about looking for a Aldi when I have no car I certainly spend more there now There is no reason SBRY shouldn't be at prices that OCDO have been at given that OCDO hasn't even been profitable |
Posted at 03/11/2023 10:36 by anhar TSCO has made several cuts and static payouts over the years. Similarly SBRY. GSK has recently cut divis following the HLN demerger and before that the payments from old GSK were static for years.So imo none of these could be described as consistent dividend payers over the long term past. I've held SBRY and GSK (now plus HLN demerger shares) for many years in my diversified income port. As above they have patchy divi records and although I'm strictly an income investor, the fact is that the very long term capital performance of both has been abysmal. |
Posted at 17/3/2023 11:04 by loganair Something’s wrong with the case for investing in Sainsbury’s for its shareholder dividend, but the stock still has its attractions:City analysts following supermarket chain J Sainsbury expect the dividend to decline by just over 7% next year. And if that happens, it will be a blow for shareholders who are in the stock for income. But why is it likely to happen? After all, those same analysts have pencilled in modest growth in revenue for the current trading year and for the following period to March 2024. Earnings on the slide: However, the reason for the decline looks like it’s because the level of the dividend is tied to earnings. In last year’s full-year report, the directors said the dividend payout ratio was running at around 53% of underlying earnings. And they had an ambition to raise it to 60%. But earnings are on the slide, by just over 3% this trading year and by almost 8% the next. So the analysts look like they are tracking those declining profits lower with their dividend predictions. This is not good news. When entering into dividend-led investments, I look for rising financial figures. And that means identifying a stream of rising dividends backed by a business capable of delivering annual upticks in revenue, earnings and cash flow. For me then, J Sainsbury now fails that fundamental test. Profit margins are caught in a pincer squeeze between rising costs and pressure to keep selling prices down. For example, staff wages have been rising. And cash-strapped customers can choose to shop elsewhere if Sainsbury’s prices become too high for them. The company is facing the problem of competition head on. And it price-matched rival supermarket Aldi on around 300 products. But such initiatives tend to bear down on profits. And that means lower dividends for shareholders given the current dividend policy. This is not the dividend progression I’m looking for, it’s dividend regression. The yield remains high: But there are positives in the business. On Tuesday, the company announced a deal to buy the freeholds of 21 of its supermarkets for just under £431m. The stores are currently leased from investment vehicle Highbury and Dragon and are among 26 Sainsbury’s supermarkets in the portfolio. But the company already owns 49% of Highbury and Dragon. And the new deal will see J Sainsbury buy the remaining 51% from Supermarket Income REIT. The move looks set to reduce ongoing rent costs. And the directors plan to sell the remaining five stores in the portfolio. But the benefits may prove to be small overall. And that’s because the company operates more than 600 supermarkets and about 800 convenience stores. Meanwhile, even with the dividend set to decline, the forward-looking yield is still an eye-catching 4.8% for the current trading year. But it may go higher if the stock continues to fall in this difficult market. As I write, the share price is 256p. But any supermarket stock making it into my portfolio must have a current yield of 5%, or higher. And there must also be dividend growth forecast ahead. For me, that kind of return is needed to compensate for the risks of holding the shares. After all, supermarket businesses are low-margin, high-volume enterprises. And they face stiff competition, which adds risks for investors. |
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