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Standard Life Share Discussion Threads
Showing 9951 to 9974 of 9975 messages
|Happy Days are here again !|
|Well both Standard Life and Legal amd General have held up well to the flash crash.
A month ago I switched out of randgold and shell b for these two. Then we got the commodities surge and my mainly domestic portfolio was getting creamed by reference to the ftse 350. Then we get the flash crash ...shell and randgold get creamed,I am massively up on the deal including stamp duty and dealing. So far so good and thrashing the ftse 350 of late.|
|Re post 9341.
I once tried this just before ex div.
I bought barc shares, shorted it on spread betting, got the dividend. It went down on xd, so then I got out of it with à small profit. So far - profit on short, profit on dividend.
I then Waited about a week to fortnight till barc recovered to my buying price, then got out with a small profit on the share sale to net IN TOTAL a couple of hundred pound.
It can be done, but obviously there is a risk, especially in having to wait for so to recover to break even or make a profit and the time that could take could be some time.
I only did it that once about twelve to fifteen years ago.
Regarding 'efficient pricing', hmm, is there really such a thing?|
|Yep 3.5% dividend only 3% down so far. It has behaved surprisingly well.|
|Dividend is 13.35p so we're up !|
|Hope this recovers soon|
|Trading ex dividend|
|The Recovery Continues !|
|Didn't expect it to hold onto the gains from Friday, glad it has.|
|Here We Go !|
|SL website says ex dividend 13th April & record date is 18th. ADVFN contradicts but assuming SL know what they're doing then apologies to all.|
|What I have found lately with x divs is that folk buy into the anticipated div but then others sell out to take advantage of the rise thereby foregoing the dividend. Examples Lloyds Bank at 70p a week before x div and tanked to around 64p before we even get to the x div date. Kier Group at £15 and again tanks to £14 before the x div date. Have noticed stocks getting punished three or four times the dividend payout ad people anticipate the drop in the share price. And we are supposed to have efficient pricing.|
ADVFN are incorrect - the xd date is always 2 working days before the record date.|
|The advfn page says 17 April.Of course could be wrong and it wouldn't be the first time.|
|Final dividend is 13.35p and the ex div date is 13 April 2017.|
|F1araway, I may be wrong but I have ex-div date as 13th April?|
|Yes fenners66 that's my point re the setting of the scrip price. However, the Times reports it was up after upgrades by RBC Capital. It goes ex dividend on 17th April.|
|Great Day !|
|That's easy to remedy then . huge increase in share price then dividends become small.|
|You would have thought the 3.6% dividend was already priced in and for sure the stock will fall by that on 13th April.
Also a four percenter coming up on Legal and General at the end of the month.
If Lloyds Bank and Kier are anything to go by ( recent ex divs) the price of both will be all over the place. Big dividends cause chaos and an inefficient market price.|
|Increase might be due to the setting of the scrip dividend price. It normally does this particularly for the, "final".|
|This seems to back up my earlier point about Standard Life's one billion pension surplus, the third best funded.
Old companies, Prudential excepted, rarely have a pension surplus (Royal mail has been bailed by the Government). Usually it is a trade off between good dividends and low p/e with a BT style seven billion pension deficit that might explode in your face. Only new companies have no pension deficit by and large with a pie in the sky dividend in ten years time if you are lucky.
To have assured dividends that are not precariously balanced on a mountain of liabilities is rare indeed.
If the Bears have another a go, I will sit on the stock anyway. Fundamentals will win out in the end.|
|Perhaps my protests yesterday that the fundamentals stats were to die for were heard. You do wonder whether brokers read accounts. The most concerning fact is probably cash flow, but a lot of that was down to one off transfers, I haven't looked into those tbf.There is a positive flow otherwise
Nothing wrong eith Aberdeen stats either.|