Triad Dividends - TRD

Triad Dividends - TRD

Best deals to access real time data!
Monthly Subscription
for only
Level 2 Basic
Monthly Subscription
for only
UK/US Silver
Monthly Subscription
for only
VAT not included
Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Triad Group Plc TRD London Ordinary Share GB0009035741 ORD 1P
  Price Change Price Change % Stock Price Last Trade
10.50 35.59% 40.00 16:35:01
Open Price Low Price High Price Close Price Previous Close
30.50 30.50 39.00 40.00 29.50
more quote information »
Industry Sector

Triad TRD Dividends History

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

Top Dividend Posts

sunshine today: I don’t think you’re anywhere near the mark on future profitability. Or the share price. Your basing it on what TRD have achieved in the past. The game plan is to grow rapidly and be more profitable. The head count alone could pass 100 by the end of next year.
sunshine today: No reason at all why a special dividend could not be paid to shareholders next year. The cash could also be used in other ways to move growth sharply upwards.
netcurtains: sunshine Today: £1.9 is a SIX BAGGER from 37p 38p so its quite good, even if underestimated. There are different types of NAV value and the good thing about Triad's NAV is that a lot of it is cash. This means, if they think the market is stable enough, they can reintroduce a good dividend quite easily... Another good thing about the working from home model is they pay £215,000 rent. Perhaps they can get rid of that soon?
netcurtains: Belfry17: exactly! And once they reinstate the dividend 80p might seem cheap (if they make £2m). Assume they make profit of £0.5m to £1m then I think trading range should be 48p to 78p (going by past share graph) Thus its reasonable to assume we should hit that range soon... If we make profit of £1.5m to £2m I think trading range should be 89p to £1.90p
netcurtains: Belfry17: because no dividend we can expect the cash mountain to grow substanially over the next 12 months. The forward statement is stonking: Going in to the second half of the year consultant utilisation levels are at their highest for several years, in percentage and absolute terms. Our major accounts continue to provide opportunities, whilst significant work is planned to start in the new calendar year with two private sector clients (one from the technology distribution sector and the other from the renewable energy sector). Consultant headcount continues to increase at another central government client, with the recent intention to award a contract to supply multiple resources. Recruitment of more permanent consultants continues, as we steadily increase the ratio of permanent staff to non-permanent staff on our consulting engagements. Not only does this improve margins, but it increases the Group's resilience with regard to the impending roll-out of Off Payroll (IR35) legislation in 2021. The Group has a proven business model that allows for the operation of a remote workforce and we do not envisage needing to make substantial changes to these arrangements during the second half of the year.
encarter: I think they will increase dividend to make up for not paying the last one.
encarter: From last results." The group remains debt-free except for lease liabilities arising due to the application of IFRS 16 and enjoys strong reserves of cash. We will continue to monitor the situation carefully and will take the actions necessary to preserve the health and wellbeing of the organisation, maximise gross profit and drive profitability.DividendThe uncertainty caused by the Covid-19 outbreak means that the conservation of cash is more important than ever. Consequently, the Board has decided not to augment the half-year dividend, meaning there will be no full-year payment. Nevertheless, the dividend yield remains healthy at 4% for the year"That says it all. No debt. Plenty of cash. Still paying half year dividend imho.
belfry17: I don't know about you, net, but when you look at other companies to just get an idea on their results etc compared to what you see as potential negatives with TRD, there is a lot of rubbish out there in far worse a position than TRD with much higher market caps and simply because they are more popular at the time.
netcurtains: A dividend would get round spread issues as people will buy for dividend not to sell on price rise. This share potentially gives both options as its had good bull runs in the past and has had a good dividend too.
dangersimpson2: I would rather a company retained cash than wasted it on an acquisition they can't execute, or tried some expansion into an area they can't deliver. I would generally prefer they return excess cash via special dividend or buybacks - I think the SOM policy is a good one generally, say how much cash you want to keep as downside protection and return what ends up in excess of that amount each year. With TRD & ZYT having not returned that cash pile in the last couple of years they are now sitting very securely to navigate the current crisis, which is great, but doesn't seem to get any recognition. In the current market CBILS loans (which act as dividend blockers while outstanding) and rights issues are greeted as bullish signs, whereas conservative cash management is seen as a negative! In TRD's case the very conservative stance comes from the Chairman. I expect he views TRD as the culminationation of his professional career and supportive of his family through future generations and won't take any risk that may jeopardise that. This means that any return of that cash pile will be slowly through regular dividends when it comes. With this in mind I am still hopeful they will retain the dividend despite recent difficult trading conditions.
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201129 16:19:46