Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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After 1 year 9 months with 7 dividend reinvested I am finally sitting on a tiny 1% profit. Next ex-dividend date is 14/12/2023, payable on 29/12/2023. Current dividend yield is 8.76% at the current share price. I'll continue to hold but won't be re-investing the dividend as other companies such as M&G and Phoenix are paying 9%-10% dividends. Experts are divided as to whether a recession will hit us next year. My strategy is to buy high dividend (8%-10%) paying shares to live out any recession as well as holding some cash to take advantage of any drop in share price.
Well, the ship has steadied a bit. I have held my nerve and continue to hold. Will I regret it?....
I think this is an all-time low.
After 1 years 3 months I have received 5 dividend payments. However, even with the dividends reinvested I am still 3.2% down. Hopefully the next dividend will be around 36p, same as last year's and with SP stays around this level I will eb breaking even! Blackrock still list the Russian assets in their spreadsheet but with a weighting of 0.0.
Still going lower! Good job I'm not a wealth manager, eh? Investing here has been wealth mismanagement, ha ha.
This has been going lower, even when I thought it wasn't possible for it to do so. However, the selling in EM's is likely due to the interest rate rises around the globe. A lot of money invested in EM's tends to be borrowed, so when interest rates rise, investors are forced to sell to cover their debts. Might be worth putting more in to this, but I do get fed up with the downward trend.
Yes, I looked at DEM. Seems good. Lower dividend but lower fee too. If I didn't already max out in emerging market, I would invest in DEM too.
Back to SEDY, ex-dividend date 16/09/2022 for 3rd Qtr dividend coming up. Last year's 3rd Qtr dividend was £0.424 so should be similar this year as the suspension of Russian companies don't seem to have an adverse effect on the dividends so far. The latest fact sheet (31-Aug2022) still quoted a yield of 10.39%.
Has anyone looked at DEMD (or DEM if you prefer GBP listing)? The Wisdomtree fund has a comparable yield with a focus on quality and ESG factors. It's also a large cap play, whereas this one is a mid-cap tilt.
Yes, we'll have to wait to see what the true impact the russian haircut has had on the income. But, nevertheless, I will continue to buy more at these levels. Happy to keep on with the pound-cost-averaging to secure myself a decent income when I retire in 20 years. Naturally, this ETF is a small part of a wider portfolio of funds.
Dividend come in at end of June is GBP 0.3644, slightly higher than last year's GBP 0.3615 for the same period.
Dividend for end of March this year is GBP 0.1656, also higher than last year's GBP 0.0704 for the same period.
The fact sheet for 31-May-2022 still quoted a distribution yield of 9.04% but I guess we will need another 2 dividend payments to find out the impact of excluding Russian companies.
17.80% from the Annual report and audited
financial statements for the financial year ended 30 November 2021 https://www.ishares.com/uk/individual/en/literature/annual-report/ishares-v-plc-annual-reports-2021.pdf page 191.
Tacly, what was the haircut to this fund from the Russion investments. Might you know? I had it as 20%
TOD and DM, you both right. Must be the heat that got to me today :-) I still think its the currency but have not got round to or bother to go into detail analysis. Topped up more today.
TOD, that's right, the weak pound should be bolstering the price of SEDY, yet at current levels it is lower than the lowest low of the pandemic. In fact, this is an all-time low, except for the emeraging market crash in 2016. This is bargain territory and I will simply buy more.
" Pound Sterling is not doing well against the US Dollar" A weaker pound pushes the price of SEDY up .... so wrong way around I'm afraid.
SEDY has Russian investments written off to zero at this moment .... so there will be a windfall, but reduced income as a result ..... meanwhile, other currencies will also be faring poorly wrt $ so that should counterbalance the weaker £.
Either way, when it moves up SEDY moves quickly so I bought more this morning.
Its down to the exchange rate. Pound Sterling is not doing well against the US Dollar and most of emerging market currencies are loosely pegged to the Dollar. 9% yield now. Time to buy and hold, Not sell.
This has been a good dividend payer over the years, with distributions trending up over time. How can the price be so low?? I think the yield at the moment would be circa 8%. I'm annoyed at the capital loss, but there's only one thng for it - buy more.
Ex-Div date today but the fall is way below today's official NAV of NAV GBP 12.66.
Dividend announced today - see https://www.investegate.co.uk/ishares-v-plc/rns/dividend-declaration/202206090700051958O/ . Dividend is USD 0.4438 --> GBP 0.35.
Ex-Div date is 16/06/22, payment date is 29/06/22. Not sure about the amount.
Added some more today at £13.20. Today's official NAV GBP 13.05. Ex-Div date is middle of June. Last year's June dividend was GBP 0.3615. Not sure what this year's June dividend is going to be.
Added some more at £13.22. Today's NAV is GBP 13.18. ishares.com shows a 12m Trailing Yield of 9.13% with P/E Ratio of 3.51. High dividend and high risk.
Received dividend of GBP 0.1656 today. The official NAV GBP 13.57 but the current share price is 13.81. Lots of small buys today must be the re-investment of dividend. Current yield is over 8% great to combat inflation.
The official release NAV today is GBP 13.36 but the share price is currently GBP 13.60.
What has happened to the nearly 20% Russian stock in this tracker? The drop in share price recently seem to indicate that they have been priced at $0.00 ?