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I get what your'e saying but I've heard "it is time the FTSE made a comback" for 15 years!!
I don't think it ever will (compared to USA)
FTSE since April 2018 - up 15%
S&P 500 since April 2018 - up 112%
The majority of my money is in USA ETFs and ITs
I've got ADM, LGEN, PSN, MNG and RIO for divi
It has been consistent for 3 years, but in that time it has been stagnant and it has fallen behind where I expect it to be. I shall be keeping mine, and will not be surprised if exceeds your expectation by 10%. It is time the FTSE made a comeback, and if so, this will be one of the beneficiaries.
Hi moneybox007,
I was going to do a similar thing, wait for dividend then look to sell, but saw that there were some large Director sells Dec 22 ish, so I have bailed today. Rather lose a bit of potential profit than kick myself for not acting when I saw something that made me think I should sell.
I buy and hold all my shares except RIO where I have bought under 45 and old over 60 for several years now.
The cycle is very consistent and I normally sell around March/April each year.
I'd like to hear from fellow churners if they have a sell price in mind for the current cycle and do they expect it to overshoot the 62 mark which is my sell price.
Thanks
Https://moneyweek.com/investments/top-stocks-for-the-new-year
With the massive increase over the last couple of months, RIO must be laughing al the way to the bank but it seems not to be reflected in the SP. Does anyone know differently?
Mr Math : that is my approach too. The quantity is variable as I sell some to invest elsewhere, and rebuy. An "annual yield" is not a valid concept for me. What I do is every month end record the total profit of each holding, = current value - cumulative (buy - sell - dividends) since the time of first holding, which is pretty meaningless as an inter-share comparison, but reassuring to see the profit is positive! From 2019 I have a 27% profit but that is misleading percentage because my holding has more than doubled over that time so the gain is better than that implies.
I prefer to look at total return, capital plus dividends, over several years. My first purchase was in August 2019 and my last in July 2022. Up about 52% which is equivalent of about 10.2% per annum taking compounding into account. The calculation assumes that the entire holding was purchased in 2019, which is wasn't, and so the figure of 10.2% is only a lower bound. The real annual return will be slightly higher.
Dividend is paid twice per year and if any specials are declared then they will be at the same time. I've said this before looking at historical yields in isolation is pointless, particularly in the mining sector as it is so variable based on commodity prices, volumes etc.
Is the dividend paid twice a year? something like 5% and 4% because under the fundamentals tab it's saying the yield is just over 9%, also It's saying the PE is 9 which seems about right, don't know if the yield is a based on an historic valuation or not, that's now been cut.
Let's make it really interesting. As it happens Rio has done me proud at the current market price because I paid £52 around a year ago. Since then I have had the divs mentioned £3.23 and if I sold I would get £57.70 at the time of writing so total gain and therefore true yield would be £57.70 + 3.23 - £52 = £8.93 or 8.93/52 = 17% near as spit. But I ain't selling because I reckon there is more to be had. Merry Christmas all.
And to make life complicated, the dividend varies greatly each year, so what is a future dividend you may expect? Nobody knows. What's more, the declaration is paid in dollars and gets to me in sterling, and the exchange rate changes all the time. What's even more is that the share price is volatile, so if you calculate a yield, should that be on the price at the time of the dividend or the price now? If the former, do you do a weighted average of the two last (ie a year) dividend percentages?
Hopeless. To add to your various yield figures, the last 12 months dividends have been £1.3767 and £1.8535, for a total of £3.2302 and at the buy price I see now that is 5.61% yield.
Hey gwm, Never forget that div yields go up and down all the time and for you personally it will also vary depending on what you paid. I have no idea where this website gets it's 9.2 from but if you paid £49/share as was the case not so long ago, your yield based on the last year's divs would be 6.6% (£3.23/£49) But what if they pay £5 next year for the sake of argument, which is akways possible; then your yield would be 10.2
Someone knowldgable.. why please do places like div max indicate 5pc historic div, but fundamentals tab here 9pc div.
Ive now subsribed to div max is difficult to use, I need, historic div and current share price displayed in percent, with last and next xd date.
Your rio div calculator is nice and clear.... assuming the figure is right, is there ANYWHERE that one can get last 12 mths div divided by todays price as an accurate figure for all shares, without charge, I(ve tried div max )
your calculator 5.84
fund tab here 9.2
so that one can quickly check several shares at same time
WHY PLEASE is divi on fundementals tab here right now 9,2%. if historic div is last years div over share price .
12 month trailing divi of 5.84%
https://dividenddata.co.uk/dividend-yield.py?epic=RIO
Great stock. Added 220 and 225 shares today - Only way is up with Rio.
Great stock. Added 220 and 225 shares today - Only way is up with Rio.
Rio is a good stock to invest in
China can't control the price of iron ore, says the head of Brazilian mining giant Vale:
https://twitter.com/business/status/1731966481473085724
*VALE EXPECTS IRON ORE MARKET TO REMAIN TIGHT IN COMING YEARS
*VALE CEO SAYS CHINA CAN'T CONTROL THE PRICE OF IRON ORE
*THERE IS NO SUPPLY COMING
Https://www.cnbc.com/2023/12/02/how-rio-tinto-is-poised-to-benefit-from-the-ev-boom.html
FWIW, I am not a fan of EV, preferring a good ol' fashioned diesel to get me through the winters, summers, floods and at the same time transporting spaniel, terrier, wife and adult children while towing a couple of horses. Oh, and I get something like 300 miles from landrover, but if I am not towing anything, then I will take mercedes and get around 900 miles from a tank.
Of course, things are going to change, but I am not convinced that EV's are the way forward. My money is on hydrogen, but I see no reason why miners will go out of business in the short, medium or long term regardless of what I choose to drive or is imposed on me through legislation.
Commodities look strong
Iron ore gains on China’s property debt-rejig:
https://twitter.com/ReutersBiz/status/1727956515267445205