Stm Dividends - STM

Stm Dividends - STM

Stock Name Stock Symbol Market Stock Type
Stm Group Plc STM London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 29.00 08:00:00
Open Price Low Price High Price Close Price Previous Close
29.00 29.00 29.00 29.00 29.00
more quote information »
Industry Sector

Stm STM Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

Top Posts
Posted at 09/12/2022 15:49 by smithie6
lae:load has just received a take over offer

Do we think that STM could receive a takeover offer ! the high cash per share & international presence & wide skill base of any use to a buyer ?

Posted at 08/11/2022 12:37 by arthur_lame_stocks
I think we should get the dividend next Wednesday. A bit of income's always handy when capital gains are hard to come by.
Posted at 28/10/2022 03:01 by russman
STM is cheap but for good reasons.
No growth
Management "in fighting"
Poor strategy execution to date.

Posted at 21/10/2022 13:50 by smithie6

I don't understand your post.
My post is quite clear I think.

The new bank loan drawn down for the acquisition will need to be paid back over X years before any higher divi can be paid imo & the gap wrt regulatory capital increased imo.

The bank is now ~£5.5 million.

Don't you agree that the headroom for regulatory cash is currently very tight ?

There will also be cash outflow this year for
- exec. director pay off
- prof. costs for the acquisition
- integration costs

ie. we have to wait longer imo
& we have been waiting for a few years already

hopefully the profit numbers & regulatory cash headroom will improve but any increase in divi would only be ~2-3 years later imo, after building up the headroom on regulatory cash & paying down some/most of the new bank debt.

& the surplus cash production in recent years after paying the current divi is not that exciting,

it will all take some time imo before there is any chance of a 2-3p annual divi.

Posted at 21/10/2022 11:10 by smithie6
2-3p divi

dream on imo

cash held vs reqd regulatory cash is tight, very tight, imo, & that 'tightness' needs to be removed imo, by adding some nett cash

Posted at 21/10/2022 09:30 by baner
Based on their most recent own acquisition, this company is worth well north of 50p - with a very sound balance sheet and strong cash flow, the risk/reward is attractive. They could easily afford to pay 2-3p of dividend.
Posted at 06/10/2022 13:26 by rsymes6
Stability is definitely needed to restore investor confidence but it doesn't look like STM are there yet. It appears that the Gibraltar business - pensions and insurance - has lost its third Chief Executive in as many years. Their website now shows the actuary as 'Interim Chief Executive'. Also NED resignations this year. Not signs of a happy ship.
Posted at 14/9/2022 07:10 by baner
STM is worth MUCH more as a take over candidate than as a small PLC. This was demonstrated by the price they paid for their recent acquisition! If the BOD Apple the same multipels on their own businesses, the shares are worth well north of 50p - potentially 70p.
Posted at 26/7/2022 07:05 by baner
If you value STMĀ“s business as they have now valued this target, it would be MUCH MUCH better for STM shareholders if the company is put up for sale itself. 50p+ should easily be achievable. This was NOT a good acquisition.
Posted at 10/5/2022 15:50 by rsymes6
CGD53 - Understand. However in cases where a company agrees to a full time executive director taking on an outside NED'ship, isn't it common for the employer to limit it to one external role but it seems to be at least two others here in the case of the STM CFO. If a NED role requires 1-2 days per month minimum, with two positions that's potentially up to 25% of each working month spent elsewhere rather than on the day job. That's why, if the STM CFO job is supposed to be full time, then shouldn't STM be reducing the CFO compensation accordingly or have the NED fees paid to STM. Otherwise wouldn't we all want a job where you're paid twice for the same time! :)
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P: V: D:20221209 20:51:05