Vpc Specialty Lending In... Share Discussion Threads

[jong] 23/6/2022 09:04

XD today - 2p per share payable on 21st July.

[scrwal] 22/6/2022 23:02

A company will know well in advance its projected dates for various meetings etc so for the normal board meetings AGMs etc there should be no scheduling problems -apart from sudden illness... The lengthened time frame is due to the board being over zealous regarding dotting the i's and crossing the t's - likely none of the shareholders would have batted an eyelid if things were done as per usual as they are happy with the current xd/payment and approval requirements.

[chucko1] 22/6/2022 13:41

Yes, it is likely they will have a reduced gap. This has happened before (April 02 2020 to June 11 20200. After all, the fund continues to accrue all this income and is bound to pay it out in due course - the income has not been asleep! There has been an overreaction to this lengthened period - I presume they convene a board meeting to rubber stamp the dividend amount, but for all we know, the timetables of the Directors made it difficult to schedule the meeting close to 3 months after the last. Nothing abnormal in this.

[dodger777] 22/6/2022 13:24

Remember ex dividend day tomorrow. Hopefully the next one is only two months away because of the delay due to the Agm 👍🏻

[bluemango] 19/6/2022 19:51

Thanks guys, appreciated.

[redhill9] 19/6/2022 18:32

Someone (apologies, can't remember who) posts the Liberum notes on here periodically and they always seem positive in their view. Not sure about the effect of rising interest rates on VSL but suspect it could be a mixture of positive and negative - negative if they mean risk of bad debts but positive if they mean opportunity for larger margins? As most of the book seems fairly short term, and VSL seem to manage it well, probably not a concern but others may disagree.

[waterloo01] 19/6/2022 18:05

Their recent presentation is a start. Not sure about notes but must be given the number of buy ratings Analyst Ratings Numis: Buy Liberum: Buy Stifel: Buy Jefferies: Buy hTtps://vpcspecialtylending.com/wp-content/uploads/2022/06/VSL-Shareholder-Presentation-June-2022.pdf

[bluemango] 19/6/2022 09:29

Can any of you guys point me to a research note on VSL please? And perhaps any opinions as to the effect of rising interest rates on prospects here?

[andyadvfn1] 15/6/2022 09:29

So just a month later than expected. Assume they have put the money they have withheld to good use. Hope those that were relying on the regular income stream haven't been too inconvenienced. Just go's to show diversity is required, too many eggs in one basket and all that ..

[jimmladd1] 14/6/2022 07:04

RNS Divi..."The Board of Directors of the Company has declared an interim dividend of 2.00 pence per share for the three-month period to 31 March 2022. The dividend will be paid on 21 July 2022 to shareholders on the register as at 24 June 2022. The ex-dividend date is 23 June 2022"

[skinny] 14/6/2022 07:04

Dividend Declaration. The Board of Directors of the Company has declared an interim dividend of 2.00 pence per share for the three-month period to 31 March 2022. The dividend will be paid on 21 July 2022 to shareholders on the register as at 24 June 2022. The ex-dividend date is 23 June 2022. The Company has elected to designate all of the interim dividend for the three-month period to 31 March 2022 as an interest distribution to its shareholders, thereby "streaming" income from interest-bearing investments into dividends that will be taxed in the hands of shareholders as interest income. No income tax will therefore be deducted at source from this, or from future interest distributions.

[peckers56] 13/6/2022 23:48

Earlier today, attended the AGM - only shareholder there (where were you!!)- believe I was FIRST EVER to attend since inception. Chairman adjusted format to reflect only me there - appreciated!!!!!. Auditor confirmed that BKKT,a SPAC "bought" at $0.50 (IPO at £10), is still, even at $3 (down from $40),in profit. Also, IM "intimated" that new/existing warrants are unlikely to be "sold" as there is little market for them (e.g. Kredivo.

[scrwal] 13/6/2022 13:58

A final dividend needs shareholder approval before it can be paid. All that needs to be done is call the quarterly divis interims only and so no need for shareholder approval - after all they are 2p each qtr with no variance yet.

[2wild] 13/6/2022 12:34

Doesn't make any sense as most companies declare a recommended final dividend before the AGM.

[scrwal] 09/6/2022 00:05

London South East share chat has thrown this up about the lack of an announcement courtesy of adv11 "I think we have to wait for the AGM on 13th. June where they are proposing a change to the way dividends are approved. Resolution 4 – Dividend Policy Under the Company’s Articles of Association (the “Articles̶1;), the Board is authorised to approve the payment of interim dividends without the need for the prior approval of the Company’s shareholders. However, having regard to corporate governance best practice relating to the payment of interim dividends without the approval of a final annual dividend by a company’s shareholders, the Board has decided to seek express approval of its dividend policy, set out on page 21 of the Annual Report." Looks like we will be waiting for at least another week. Seems the board are making a mountain out of a molehill really. RNS should be issued on 16th, xd 23rd and dividend should be paid on 21st July.

[a0002577] 08/6/2022 14:00

Interesting share this one : basically a pretty solid 8 pence a year from their existing portfolio plus a kicker from the SPACs But the Spacs can create a problem. Take this announcement from across the pond on BKKT https://uk.advfn.com/stock-market/NYSE/BKKT/share-news/SHAREHOLDER-ALERT-The-Gross-Law-Firm-Notifies-Sha/88314949 which talks of a "SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings of a Class Action Lawsuit and a Lead Plaintiff Deadline of June 20, 2022 - (NYSE: BKKT)" This may go some way to explaining the fall from above $40 on listing to under $3 today,

[scrwal] 07/6/2022 12:32

We should get a rns about the divi tomorrow. Meant Thursday.

[nk104] 03/6/2022 13:51

The Thursday bank holiday must be the reason. Presumably can't go ex-dividend if the market is closed, so it's Wednesday instead.

[ctrader3] 01/6/2022 13:20

Are ex-dividend dates always Thursdays? Don't worry about the record date. It's an administrative date, usually one day after the ex-dividend date. Are ex-dividend dates always Thursdays? Mostly, but not always. There are occasionally circumstances where the ex-dividend day is different. These can occur when there is some other corporate action, such as a consolidation. ------------- or xmas, new year bank holidays.

[scrwal] 01/6/2022 13:09

If you look at a year I'm confident there are a few non Thursday xd dates.

[ctrader3] 01/6/2022 09:47

Friday 20 May AB Dynamics PLC dividend payment date Breedon Group PLC dividend payment date Glencore PLC dividend payment date Howden Joinery Group PLC dividend payment date Impact Healthcare REIT PLC dividend payment date Invesco Bond Income Plus Ltd dividend payment date JPMorgan US Smaller Cos Investment Trust PLC dividend payment date Jupiter Fund Management PLC dividend payment date Luceco PLC dividend payment date Man Group PLC dividend payment date Melrose Industries PLC dividend payment date Morgan Advanced Materials PLC dividend payment date Personal Group Holdings PLC dividend payment date Primary Health Properties PLC dividend payment date Provident Financial PLC dividend payment date Robert Walters PLC dividend payment date Rotork PLC dividend payment date RPS Group PLC dividend payment date Spirax-Sarco Engineering PLC dividend payment date Tclarke PLC dividend payment date TT Electronics PLC dividend payment date Unite Group PLC dividend payment date Vitec Group PLC dividend payment date Monday 23 May abrdn Asian Income Fund Ltd dividend payment date Old Mutual Ltd dividend payment date SME Credit Realisation Fund Ltd dividend payment date Tuesday 24 May abrdn PLC dividend payment date Chesnara PLC dividend payment date Merchants Trust PLC dividend payment date Vistry Group PLC dividend payment date Wednesday 25 May Coats Group PLC dividend payment date DFS Furniture PLC dividend payment date DFS Furniture PLC special dividend payment date EP Global Opportunities Trust PLC dividend payment date Genuit Group PLC dividend payment date London Stock Exchange Group PLC dividend payment date Thursday 26 May abrdn Asia Focus PLC ex-dividend date abrdn Equity Income Trust PLC ex-dividend date abrdn Latin American Income Fund Ltd dividend payment date Alfa Financial Software Holdings PLC ex-dividend date Alfa Financial Software Holdings PLC special ex-dividend date Andrews Sykes Group PLC ex-dividend date Balfour Beatty PLC ex-dividend date BlackRock World Mining Trust PLC ex-dividend date Britvic PLC ex-dividend date Burford Capital Ltd ex-dividend date Cardiff Property PLC ex-dividend date Coca-Cola Europacific Partners PLC dividend payment date ContourGlobal PLC ex-dividend date DCC PLC ex-dividend date Diploma PLC ex-dividend date Diversified Energy Co PLC ex-dividend date Downing Renewables & Infrastructure Trust PLC ex-dividend date Ecofin US Renewables Infrastructure Trust PLC ex-dividend date Euromoney Institutional Investor PLC ex-dividend date Grainger PLC ex-dividend date Great Portland Estates PLC ex-dividend date HICL Infrastructure PLC ex-dividend date Imperial Brands PLC ex-dividend date Intertek Group PLC ex-dividend date IP Group PLC ex-dividend date ITV PLC dividend payment date JPMorgan Asia Growth & Income PLC dividend payment date JPMorgan Global Growth & Income PLC ex-dividend date Keywords Studios PLC ex-dividend date LMS Capital PLC ex-dividend date LXI REIT PLC ex-dividend date Petershill Partners PLC ex-dividend date Sage Group PLC ex-dividend date Scottish American Investment Company PLC ex-dividend date TI Fluid Systems PLC ex-dividend date Titon Holdings PLC ex-dividend date Tritax EuroBox PLC ex-dividend date Victrex plc ex-dividend date Vivo Energy PLC ex-dividend date Whitbread PLC ex-dividend date -------------- if u look at a week, which doesn't include a bank holiday, all xd dates are on a Thursday.

[redtom1] 31/5/2022 16:13

All we know for certain is that the Co will declare the dividend in June. Not overly helpful but hey....

[ctrader3] 31/5/2022 16:10

Wednesday 1 June Alliance Trust PLC ex-dividend date BAE Systems PLC dividend payment date Bodycote PLC dividend payment date Derwent London PLC dividend payment date Essentra PLC dividend payment date Evraz PLC ex-dividend date Henderson Diversified Income Trust PLC ex-dividend date Henderson European Focus Trust PLC ex-dividend date Henry Boot PLC dividend payment date Hilton Food Group PLC ex-dividend date IntegraFin Holdings PLC ex-dividend date JPMorgan China Growth & Income PLC dividend payment date JPMorgan Claverhouse Investment Trust PLC dividend payment date Legal & General Group PLC dividend payment date Majedie Investments PLC ex-dividend date Menhaden PLC ex-dividend date Momentum Multi-Asset Value Trust PLC ex-dividend date National Grid PLC ex-dividend date Porvair PLC dividend payment date Premier Miton Global Renewables Trust PLC ex-dividend date Regional REIT Ltd ex-dividend date Residential Secure Income PLC ex-dividend date Restore PLC ex-dividend date RM Infrastructure Income PLC ex-dividend date Sabre Insurance Group PLC dividend payment date Scottish Mortgage Investment Trust PLC ex-dividend date Severn Trent PLC ex-dividend date Triple Point Social Housing REIT PLC ex-dividend date Tritax Big Box REIT PLC dividend payment date Utilico Emerging Markets Trust PLC ex-dividend date Vodafone Group PLC ex-dividend date VPC Specialty Lending Investments PLC ex-dividend date Warehouse REIT PLC ex-dividend date Zotefoams PLC dividend payment date ------------- latest list, still ALL subject to change

[ctrader3] 31/5/2022 15:56

ALL subject to change. Don't believe anything u read on a BB unless u can verify it elsewhere.