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VANQ Vanquis Banking Group Plc

49.20
-0.80 (-1.60%)
21 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Vanquis Banking Group Plc VANQ London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.80 -1.60% 49.20 16:35:17
Open Price Low Price High Price Close Price Previous Close
50.30 49.00 50.40 49.20 50.00
more quote information »
Industry Sector
INDUSTRIAL ENGINEERING

Vanquis Banking VANQ Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
11/03/2024FinalGBP0.0118/04/202419/04/202430/05/2024
28/07/2023InterimGBP0.0510/08/202311/08/202321/09/2023
31/03/2023FinalGBP0.10320/04/202321/04/202307/06/2023
27/07/2022InterimGBP0.0511/08/202212/08/202222/09/2022
31/03/2022InterimGBP0.1221/04/202222/04/202220/05/2022
30/07/2019InterimGBP0.0915/08/201916/08/201926/09/2019
InterimGBP0.0914/08/201916/08/201926/09/2019

Top Dividend Posts

Top Posts
Posted at 07/6/2024 14:42 by jubberjim
Thanks but no thanks

My take is that is a share for the brave

Dividend is nothing to write home about and very few risk takers about who will be willing to stand up and take the risks that I think are apparent.

I can see this dropping as low as the 20 s which is why I will get the blandishments from the die hard believers but is far too risky for a yellow backed dividend hunter such as myself.

Good luck to those brave enough to dabble but a big NONO from me.

will try not to pass anymore comment

All the best
Posted at 27/5/2024 23:36 by smithie6
"Do you not think that the incoming government will not be looking closely at the past and present behaviour of the associated finance firms and intervening."

the personal loans division (small part of VANQ) it made a loss in 2023 & I think in 2022.

So, if you are saying that a labour Govt would complain about VANQ losing money from that, clearly that would be completely illogical.

Perhaps you should have first looked at the results before posting.

--------

And of course borrowers will look around at the cost of borrowing from different lenders and then probably take the cheapest loan they can get as long as the conditions are ok.
If a labour Govt wanted to assist the people borrowing from VANQ then the Govt could just give them the loans themselves, at 0%, or as a free gift.
But of course that won't happen since the Govt will be skint & apparently already needs to raise £30-38bn from new taxes to pay for its plans.

Govts need banks. The economy needs banks. House builders need banks/loans.
Don't expect UK Govts to go against banks !!
Posted at 22/5/2024 15:10 by smithie6
disagree

the RNS says their voting rights have "increased" by 0.3% of VANQ !!

...which means Norges spent £470k on buying more shares in VANQ
Posted at 22/5/2024 10:28 by smithie6
fair point
but imo it must sharply reduce the % of debt that is not repaid because the borrower risks losing the car if they dont keep up payments, or agree a mew payment plan with VANQ.

(and if the borrower can afford to run a car then the % risk of a complaint about having lent to them is surely much lower)

and if a loan is for say £2000 for a vehicle, if default is after paying back £1000 (+ say £400 interest) = £1400, then the missing money is £600, VANQ only need to sell the recovered vehicle for >=£600 to avoid a loss (but noting that avoids mentioning various costs, vehicle recovery, admin. to then sell the vehicle....)
...I would assume that the borrower would be very co-operative with Vanquis to try to agree a new payment plan, to avoid the vehicle being taken away.
Posted at 20/5/2024 07:51 by smithie6
jubberjim
...you seem to have posted a number of negative posts on this VANQ thread

who knows, perhaps you are linked to Redwood who are busy buying lots of Vanquis shares & would be keen to hold back the share price; or you might be an honest PI, we dont know.
Posted at 14/5/2024 16:27 by sbb1x
Vanquis Banking Group (#VANQ) ? 57.9pSchroders #TR1 13.48% (? 1.23%) ~=3.1m #acquired 14/05 14:56 #RNS Holding(s) in Companylondonstockexchange.com/news-article/V...
Posted at 14/5/2024 09:51 by sbb1x
Vanquis Banking Group (#VANQ) ? 54pNorges Bank #TR1 3.14% (? 0.24%) ~=0.6m #acquired 14/05 09:18 #RNS Holding(s) in Companylondonstockexchange.com/news-article/V...
Posted at 13/5/2024 09:37 by sbb1x
Vanquis Banking Group (#VANQ) ? 51.9pSchroders #TR1 12.25% (? 0.27%) ~=0.7m #acquired 13/05 09:15 #RNS Holding(s) in Companylondonstockexchange.com/news-article/V...
Posted at 09/5/2024 11:30 by sbb1x
From jim on twitterDeutsche Bank starts Vanquis Banking with 'buy' - price target 88 pence #VANQ
Posted at 19/8/2023 22:04 by popit
Interesting to compare the forecasts for Vanquis and IPF on Market Screener

They both look very undervalued

hxxps://www.marketscreener.com/quote/stock/INTERNATIONAL-PERSONAL-FI-4007183/finances/

It shows forecast eps for IPF of 18p in 2023, 21p in 2024, 28p in 2025
And forecast dividend of 10p, 11p, and 12p in 2025

The forecast eps for Vanquis is 42p in 2025
And the forecast dividend for Vanquis is 18p in 2025

hxxps://www.marketscreener.com/quote/stock/VANQUIS-BANKING-GROUP-PLC-9590111/finances/

So with the Vanquis share price now lower than IPF, Vanquis seems to offer a far better investment with a forecast PE of 2.5 in 2025, and a forecast dividend of nearly 17% in 2025

The forecast PE for IPF is over 4 in 2025, and a forecast dividend of 10% in 2025

So they both look like that they may be good investments, but Vanquis looks much better value than IPF now