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RNS’s not listed here today.
https://www.londonstockexchange.com/news-article/GLO/reporting-and-dividend-payments-dates-for-2022/15281924
If anyone knows of a company paying a +6% QUARTERLY divi with a 10% yoy increase or even close. I’d be interested to know.
I have a spreadsheet now with all the quarterly payers. How often and how much it increases, cover, BoD, risk ratings, SP vix etc and none come close to GLO.
Usual caveats
Trek
I entirely agree. The rns puts so many other companies to shame. Clear and concise dividend and reporting dates for the whole year. Speaks volumes for how good this company is. Will be adding.
Which other four dividend companies do you like ? We also have anglo pacific and bp but am looking to invest in others
Sam
I'm not saying now is the best time to buy, or even that they will suit your risk levels, and I do hold all the stocks I'm about to mention, so may be biased. They have been good to me not only for the dividends but I just got plain lucky when I bought the stock, so the dividend returns in relation to my investment is generally better, if that makes sense.
LGEN, ADM, DLG, RIO, PHNX, AV., and BP.
I have no intention of selling any of the above stocks unless of course their long term financials take a turn for the worse of course.
Together they represent about 45% of my portfolio.
I of course also hold GLO which at the current SP is about 4.6% of my portfolio.
My Hi-Yield portfolio includes PAF, CEY and POLY in addition to GLO and DLG. Recently added i3e for an initial maiden 8% gross yield payable this year (minimum stated).
For income atm I only have GLO. Others are on my watchlist again. I am overweight GLO with 55k shares now. At times I haven’t been able to buy 1500 shares as the liquidity is difficult but I can usually sell 10-50k.
Whilst GLO won’t match some of the others mentioned in terms of capital growth I think it has a more reliable divi. I have enough growth in my pf and am only interested in income.
I still have concerns with contagion following evergrande. Insurers and banks are mainly at risk. They just can’t help themselves when the smell a high yield!
There are now around 12 Chinese property developers overdue on debts. Evergrande alone is $300bn outstanding! Someone somewhere will eventually come a cropper and then others will declare the impact. It’s just a question of time. Hence I am staying away from banks and insurers for now. I note PHNX 6.6% holder selling out by way of book build. That was one of my favs. I have traded it well.
However, for income I prefer quarterly divi’s as it makes the SP less volatile than the bi-annual stocks in terms of re-basing following the x-divi. I also spotted during covid that whilst they may have missed or reduced one payment. It didn’t necessarily affect the others.
Now is imo the time to buy GLO.
Dec, Jan, Feb are relatively quiet. Then there is the preliminary results and q4 divi declaration on 18th March. The 4 divi’s then come relatively quickly together.
My view is guidance will be nearer $840 than $800 as they have enjoyed continuous tailwinds from fx and energy costs.I expect the SP to be in the 212 region in March.
That means buying now gives you a divi cushion when the 3.2333p divi comes off which could be a 5p off hit OTD. However, the trend with GLO thus far is it recovers the divi hit pretty quickly or even on occasions the divi doesn’t come off the SP.
If the prelims are good there will be no need to knock the divi off and the SP could actually rise a little. We’ll see.
In terms of quarterly payers. These have made the first round of my filters.
APF, BP, CMCL, GLO, GSK, JIM, WINK, PAY, PGH, SMS, ULVR
I will be timing some selective buys with TA. That’s why it helps to have a few to spot even though I may only buy two. I bought PAY at 605p but sold it again last week. Likewise GSK I sold. GSK I find it pretty ‘easy’ to trade nibbles with because if you get stuck I don’t mind holding it.
The eventual idea is to buy and hold. When I get the price right and the companies credentials and macro align I will build a position. However, one often spots trading opportunities as well. I tried to get PAY below 600 but took 605. I am waiting for more regulatory clarity before buying and holding for longer.
You may have used this link before. It lists all the divi payers, dates etc. You will need to get the divi cover, pe and historic divi’s etc from the HL site. I find that the easiest to cut and paste from
https://www.dividenddata.co.uk/quarterly-dividends.p
Cut off....
From link....
https://www.dividenddata.co.uk/quarterly-dividends.py
Usual caveats
Trek
Thank you Trek and others for your thoughts . We already also have L and g and bp. I would like more of both but beginning to be cautious given they have risen rather well.