Stand.chart.8q% Discussion Threads

[cwa1] 20/2/2023 08:45

Yield about 7.4% allowing for the dividend already earned amount IMO. XD 9/3

NB: XD date edited from 16/3 to 9/3

[aishah] 20/2/2023 08:18

What's the yield here? Think ex div is 16/3.

[my retirement fund] 13/12/2022 14:10

Had a few.

[hindsight] 05/12/2022 09:22

Stab and Stac difference now 0.45% so swap getting tempting

[my retirement fund] 30/9/2022 08:21

Took some more at 100p

[my retirement fund] 27/7/2022 12:49

Well I see the logic so passed stac and took some stab too

[hindsight] 26/7/2022 10:04

My understanding is the NWBD have tighter articles and ELLA said wouldnt. Other wise think they could, as all share classes can vote for capital reduction. Comes down to reputation damage in doing so. Having been a party in the Llyods ECN case im not partically trusting. Naturally now prices fallen long way towards par on all, the reward vs reputation damage is far less appealling for them. However dont think Stan would get the outcry of say AV. or LLoy, etc. so for me gave up the 0.09%

[kiwi2007] 26/7/2022 10:00

If they did redeem them they'd have to replace them with something else and if it were a perp they'd probably have to pay a very similar coupon..
ANZ Bank New Zealand just floated this perpetual - ANVHC 6.95% ANZ Bank New Zealand Limited Preference Shares .

Like hindsight I prefer STAB to STAN (just in case).

[my retirement fund] 26/7/2022 09:36

Do you think there's a get out for them to redeem these at par ?

[hindsight] 26/7/2022 09:29

For what its worth my spreadsheet makes these 7.15% inc accurred and Stab 7.06% inc accurred at present offered price. Brought some latter today , lower yield but closer to par. Of ones follow AV.B seems highest at 7.38%

[ammons] 25/7/2022 04:34

Thanks for bringing them to my attention MRF. Look oversold to me. Pension income porty perhaps.

[my retirement fund] 24/7/2022 23:50

over 6 years since last post

[cwa1] 17/3/2016 09:48

Ah, yes, quite. Slip of the keys!

[finkwot] 17/3/2016 09:31

…and STAB…

[cwa1] 17/3/2016 08:05

Just for the record, XD today and Pay Day is 1/4. Same for STAC.

[montyhedge] 23/2/2016 12:22

my retirement fund
Surely you not nervous on Standard Charter, going around posting everywhere how good they are, lol. As long as you don't have the ordinary shares you should be ok.
Relax, don't worry.

[my retirement fund] 23/2/2016 12:16

Took some more works out running yield of 7.3% including accrued and costs.

12.6% and growing CET1 reported today + falling operational costs seems bank is well placed for recovery but above all offers reasonable safety net given yield

[my retirement fund] 30/11/2015 14:13

Every year on 1st APRIL and 1st OCTOBER.

Paid 1.175 with 2p baked into shareprice dividend yield >7%

[nerja] 07/8/2012 11:40

Thanks kiwi , simon gordon on the fixed income thread has confirmed the 08/08/12 date, bloody difficult with that in the mix as well now.

[kiwi2007] 07/8/2012 11:37

Although
disagrees.

Sep-12-2012

[kiwi2007] 07/8/2012 11:31

Your right - Ex div 08/08/12 (according to MorningStar) ?

[nerja] 07/8/2012 11:18

kiwi thats the pay date not the EX Div dates, it usually a few months between the two, I think it goes Ex div later this week but cant find it,