#BC10, same here with c150 pence a year income.. :o)
Interesting to note RKT went +175 pence then -92 today
ULVR went -100 pence then +137 today
Just let HS get on with implementing his strategy and see where we go, next change will be the spinning off of the ice cream business and see how that impacts share price performance..
Most holders will be more focused on the 30th budget, how it hurt and what they can do about it (if anything) .. |
https://www.fool.co.uk/2024/10/24/a-no-brainer-ftse-100-share-i-plan-to-hold-for-the-next-decade-or-two/ |
#Alotto, too much to ask from today IMO, but another run up to 5000 pence or over before YE with the buybacks coming should be doable..
Next dividend inbound.. :o) |
What matters most to me as purely an income investor:
Q3 divi 36.63p
xd 07 Nov
pd 06 Dec
This is maintained at the raised Q2 level in euros, being their accounting currency. The sterling values will therefore fluctuate. |
Thank goodness :-) |
Maybe £51 by close of day |
There we go, order is restored, as expected, the trend should have followed the RKT results, and seems to be doing just that and with buybacks to year end..
We need to see 200+ pence today to make up for the 100 pence drop on the HUL results yesterday, see how far we get.. :o) |
Phew, not bad. |
Perhaps it was the small decline in profits at HUL that put the cat amongst the pigeons today at UL..
Tomorrow for the group level trading update.. |
The drop does not bode well, hope I'm wrong. |
7.2 million traded the final day's total. |
Plenty traded today, 5.2 million printed so far. |
The drop must be linked to unilever Hindustan |
#Philanderer, not quite what I had in mind but getting marked down ahead of news is a possibility, see what we get tomorrow and how our new CEOs strategy is converting into numbers.. |
Looking like a 'leaky' update known to a few. |
Strong share price response to todays TU at RKT this morning, see what we get here tomorrow, some read across would be good and another run up to 5000 pence.. :o) |
 Columbia spies Unilever recoveryThere are 'green shoots' at Unilever (ULVR) but the turnaround at the consumer giant is still in its early stages, says Columbia Threadneedle fund manager Jeremy Smith.Smith holds the Citywire Elite Companies AAA-rated owner of brands such as Dove and Domestos in his CT UK Equity Income fund, making up 6.7% of the £2.9bn portfolio.'Following years of underperformance, there are green shoots in Unilever's recent trading statements, but the business is still in the early stages of its turnaround and has yet to sustainably outperform its peers,' said Smith.However, the stock is still the second-largest position in his fund as he is 'encouraged by the changes at the executive and board levels at the company, with the new chairman, chief executive and chief financial officer enhancing the quality of the management team.'He said the new leaders of the group were 'focused on reinvigorating the competitiveness of Unilever's product portfolio and particularly on key revenue-generating brands.''Management is also selectively increasing research and development in high-impact areas and has reorganised command structures to increase accountability,' said Smith.The shares softened 0.6% to £48.01 on Monday, but have gained 20.4% over the last 12 months. |
(Alliance News) - Consumer goods firm Unilever PLC on Thursday said it had completed the sale of its Russian subsidiary to Arnest Group, a Russian manufacturer of perfume, cosmetics and household products.
While strongly condemning Moscow's invasion of Ukraine, Unilever joined other multinationals in maintaining operations in Russia, triggering widespread criticism. London-based Unilever, which is behind many brands such as Dove, Persil, Lynx and ice cream brand Wall's, said its business in Russia's close ally Belarus was included in the sale.
Unilever shares were 0.4% lower at 4,790.00 pence each on Thursday morning in London |
As befits their role as 'bond proxies', the attractions of consumer staples shares were damaged when interest rates have increased from record lows. At the same time, inflationary pressures have led consumers to trade down to private label options in the hunt for cheaper products.Companies have struggled to strike the right balance between volume and price; Procter & Gamble's (US:PG)'s sales volumes were flat in its latest financial year, while Nestlé's (CH:NESN) preferred real internal growth metric grew by just 0.1 per cent in its first half. But as base rates start to drop, some businesses are also starting to see belated operational progress. Unilever (ULVR) has delivered quarter-on-quarter volume growth over the past three periods, as chief executive Hein Schumacher (in post since July 2023) implements a fresh growth strategy in an attempt to improve earnings and margins after an underwhelming few years.A turnaround story under new management understandably excites the market, and the Marmite and Dove owner's share price has risen by almost a quarter over the past year. Change was badly needed; Schumacher's promise of "no major or transformational acquisitions" came after the attempted £50bn acquisition of GSK's (GSK) consumer arm in 2022 went down like a lead balloon with investors.The new plan has several parts: a focus on top brands (which deliver three-quarters of revenue and are higher-growth than the rest of the portfolio), a spin-off of the underperforming ice-cream arm, and a cost-cutting and productivity package. On the face of it, this looks encouraging. But rejuvenation narratives can sometimes deceive. Analysts at Bernstein have pointed to "the low odds of turnaround in this space", and Unilever's "own history of repeated turnaround hopes for at least the last 28 years". Saying that, the latest trading figures contained encouraging signs. Half-year results to 30 June saw a big operating profit margin beat and raised guidance. The gross margin was boosted by 420 basis points as management tries to return the metric to pre-pandemic levels. However, it remains the case that competitiveness needs to improve, judging by a turnover-weighted market share metric that remains flat.The question for income investors is what the new strategy means for dividends. Unilever's reliable payouts have made it an income stalwart. It has grown dividends per share at a compound annual growth rate of 5 per cent over the last decade nicely ahead of competitors.It's important to note that Unilever reports in euros, with investors holding the London-listed shares receiving dividends in pounds and those holding the Amsterdam-listed shares paid in euros. Dividend payments in pounds have, unsurprisingly, fluctuated because of currency movements. But a fully-fledged cut is essentially unheard of.Payouts are backed up by chunky free cash flow generation and a resilient balance sheet. Unilever delivered 7.1bn (£6bn) of free cash flow last year, allowing the return of 5.9bn to investors in dividends and buybacks. Analysts expect 6.9bn and 7.8bn of free cash flow to be posted in 2024 and 2025, respectively, rising to over 8bn in 2026. Net debt of around 25bn at the end of June, translating to a leverage ratio of 2 times, is manageable and doesn't present a risk to these plans.Combine these factors with the new strategy's hoped-for improved growth and earnings, and the conclusion might be that the payout outlook is rock solid. We expect dividends to grow in the coming years. There is some uncertainty about what Schumacher's new strategy means for future demands on capital expenditure and research and development spend, and the context of the planned hive-off of the ice cream business provides more complexity when thinking about future investor returns. This introduces some new risks into the equation, but the overall picture is promising.Dividend policy: A payout ratio above 60 per cent of underlying earnings. Yield: 3 per centPayment: QuarterlyLast cut: naAlternativeLike Unilever, Diageo (DGE) also has relatively new management. But the drinks giant's share price has moved in the opposite direction over the last year, as chief executive Debra Crew remains under pressure on the back of inventory headwinds in Latin America and weaker demand in the key North America market. In the latest annual results, revenue went backwards for the first time in four years and operating profits fell in four out of five markets. Despite these significant hangovers, analysts expect dividends to continue to grow, backed up by expectations for free cash flow to rise by almost $1bn (£766mn) between 2024 and 2027. |
The buyback continues from today..
The 2nd tranche will commence on 13.09.2024 and will end on or before 13.12.2024.. |
Thanks Laurence! |
Shares like these are a buy and hold for a decade IMO, you have to go through an interest rate/economic cycle, hoover up the dividends and see where you end up, now rates are expected to pull back premium brands will have their day..
FED rate decision 18th
BOE rate decision 19th
Keep an eye on DGE/FEVR could be opportunities there next at cyclical lows and Covid 2020 lock down prices.. :o) |
I regret selling at 47 after buying around 38. Maybe I should get back in after missing out on 5% appreciation and the last dividend |
5000 pence milestone coming into view now, maybe next week when the DRIP from the latest payout gets rolled back in again..
Same share price as 2019, so we should really be pushing on towards 6000 to show growth which is what I expect to happen over time..
Steady as she goes, keep paying out 4 time a year.. :o) |
LLB, yes for sure. In the box with SHEL and AZN ;-)
'Unilever finally ditching Russian business after years of criticism'
MAIL |
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