Verizon Comms Share Discussion Threads

[boadicea] 06/5/2014 14:53

pvb - Your conversion looks a little light. Selftrade gave me 26.5p. The official $/sterling rate was ~1.689 on Friday which would imply about 0.65% conversion charges.
However, they may have got a better rate last Thursday whereas today with the pound pushing to $1.70 it would imply no conversion charge at all. (Unlikely!)

[666james] 06/5/2014 08:06

nowt in TDW this am

[veryniceperson] 06/5/2014 06:49

Will check my Halifax account later today. Fingers crossed!

[redartbmud] 06/5/2014 06:46

Still nothing in Hargreaves.

[redartbmud] 02/5/2014 20:34

Nothing in Hargreaves.

[veryniceperson] 02/5/2014 18:20

Just looked in my Halifax account, nothing. Monday it is hopefully.

[666james] 02/5/2014 16:24

Looked into my account at TDW and there is nothing in yet....who do you deal with ?

[pvb] 02/5/2014 15:32

Received first dividend from VZC into my ISA ON 1 May, at the nett rate of 26.33p per share. Seems reasonable to me. If the $0.53 shown above for this dividend is accurate, then a current (rough) conversion gives £0.31.

So 26.33p is pretty nearly 15% down from this. Which is the US witholding tax rate with W-8BEN signed etc.

How does this compare with others?

TIA

[jarbie] 01/4/2014 11:04

The share price is struggling - I would expect a better performance at this stage
next Monday is the last day before xd on Tuesday the 8th of April

[dafrog] 21/3/2014 17:59

Thanks. Can't be many of them!

[miata] 21/3/2014 17:44

Free only for those that held Vodafone shares in certificated form.

[dafrog] 21/3/2014 17:40

Thought we could sell these free of charge. Selftrade want usual fee.

[veryniceperson] 19/3/2014 11:28

Thank you Miata.

[miata] 19/3/2014 11:11

You are correct.
The header shows you that the Ex div date for the next dividend is in April.

[veryniceperson] 19/3/2014 10:12

This is probably a silly question. As new Virizon share holders do we get the dividend on the 1-5-14. As I said probably a silly question.

[jarbie] 11/3/2014 21:06

slater - the divi has been announcement
you mean before the xd date which is 08.04.14

[slaterlpj] 08/3/2014 10:40

Thanks Miata.
I'm trying to decide whether or not to sell before the divi announcement. 52 week high over $50. A couple of dollars on the share price in the run-up to the divi announcement would add a reasonable ammount to my holding before I sell out.

[miata] 07/3/2014 16:32

More, or less than last year?

Both!

Slightly more in dollars, slightly less in sterling.

2013 dividends were 208.71¢, 2014 forecast is 213.93¢.

The next quarterly dividend is 53 cents payable on 01/05/2014.

[slaterlpj] 07/3/2014 15:27

How much is the divi likely to be this year? More, or less than last year?

[jarbie] 01/3/2014 16:44

MIATA - thank you - I need to sell and expect to get the best price
just before the xd date

[miata] 01/3/2014 16:28

The next XD date has not been announced yet, in previous years it was:
07/04/2010, 06/04/2011, 05/04/2012, 08/04/2013.

Obviously the share is likely to drop after it goes Ex div (though you will get the dividend). However unless you hold them in a SIPP you will have to deal with the complexities of US witholding tax if you do not sell them before the Ex div date.

[jarbie] 01/3/2014 15:28

MIATA - do you happen to know the xd date for VZC shares this year ?
I would expect the share to peak the day before and to drop thereafter
you say it was 08.04 last year with announcement not until 08.03