Morning Captcash, BNC looking very strong lately. I think we will be around 660p January 2015 and off course those free shares or those that decide to opt for div.......just my opinion only and has taken one year longer than I thought. US ADR went ex div 9th, yesterday.....so we need to remember to at 16 usd cents to the ADR price. gla
8 Apr '14
hi bonz superb share with the yield and upside potential which im sure will happen thx to Armani for putting me onto bnc in the first place a year or so ago hold and buy more on serious dips if funds allow imho gla
8 Apr '14
Santander ADR.............TA 10.40 usd based on RSI 80%........... ex div next Monday 14th April. gla
7 Apr '14
That is certainly how I understand it, the Base Cost for CGT is your original purchase cost with the extra quarterly shares going into the pool at no additional cost. It is only when they issue a DRIP - last one was Aug '11 - rather than a SCRIP that you need to add in the cost of the new shares. No UK Income Tax to account for with the SCRIP, when you sell you will receive the full sale costs - less dealing costs obviously. The Dealer/Broker would not know your personal tax situation so would never attempt to withhold any tax. Think the reason more people don't hold them is they fail to show a yield in any of the publications so are generally overlooked. Though one advantage of the current sp is that the div - which hasn't been reduced - buys more shares each quarter. Plus, to get the tax advantages you need to hold your shares in their SSA, and most people hold in Crest through a Broker. When/If they recover we will be laughing all the way to the bank!!! A 10%+ yield and Capital Growth - the Holy Grail of shares!! ATB.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.