If you believe the numbers. |
Paid just below 60.1p on Wednesday. Using todays figures 9% Dividend Yield confirmed over next year and 47% discount to NAB.. Absolute bargain. |
Have also added to my holding - the potential for increased div in future just a bonus on existing yield |
All buys so far. Thought they were sells until I bought :-) |
Yeah, cautious optimism of an increase to the dividend. Given that this has stalled a bit, no one seems that interested in a 9% +inflation linked yield lol |
Pretty happy with that - divi held but with the clear implication of a rise later, and NAV has marginally ticked up thanks to the rent increases based on last September's RPI.
"While rent collection in the first three months of 2024 has increased relative to 2023, the Board has decided to keep the dividend target flat to preserve dividend cover whilst the Investment Manager concludes the transfer of 38 properties from Parasol to Westmoreland and proceeds with the proposed sale of a portfolio of properties" |
I guess the need for a poll may have taken extra time at the AGM. |
@Ricky47 - not seen any RNS today. |
With 9.7% of rent lost on Parasol not sure what way this will go should think they will leave dividend as it is . |
Interesting article by Richard Williams on Citywire couple of days ago.
Dividend guidance to be announced at agm tomorrow Thursday |
Good news all round with more to come, so I have added today |
"Paying customers" - I once read in a book that this was an advantage. I then learned to add two digit numbers and count to ten in French. |
Back in short term on that.
"...The Company intends to make further portfolio sales this year. The Investment Manager is currently in the process of agreeing heads of terms in relation to the sale of a portfolio."
Doesn't say how large, but points to an expectation of further good news ahead, as well as confirmation of the lease transfer to Westmoreland when it happens, albeit that's "..Before September..".
Getting shot of Parasol to an operator who actually pays rent would be a boost. |
Well they cannot say that Soho did not try with Parasol good that a more experienced and profitable operative is getting control.
Probably best value to shareholders buybacks with present share price. |
iWEB almost always my slowest payer. Barclays used to give them a run for their money AND were hopeless, though I left them a very long time ago |
I'm with IG Index and iWEB, neither paid up yet. IG usually good, iWEB not so much. |
yes, had it(ii) |
No sign of my divi yet in either of my accounts. Anybody had theirs? |
Yes, should be tomorrow. |
i thinks it's tomorrow 28th |
Does anyone know when this quarters dividend is being paid |
Yes indeed, 2wild, always cheaper to buy when a share is forgotten and unloved I find. Personally, I'd rather buy at 60p for a 9% divi than 90p for a 6% divi! |
If the sector wasn't so unloved. The share price would surely be in the region eighty to ninety pence , around 25% to 30% discount to nav. |
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