We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Jim Jam , I understand the point you are making , I have took the same course as you and I am surprised to be about 10% down on my value before special dividend , hopefully an upward curve from here as I expect the share price to rise after the dust has settled , paying down pension debt has to be a positive
SD received on Friday and reinvested for me today. I'm with Halifax and they never seem to fcuk about
Yep. Still waiting on IG. Was promised it would hit my IG account by close of play Friday...
still waiting for my Tesco dividend in my IG account. Anyone else got the same issue? Not too bothered as I intend to re-invest it back into Tesco shares which are down 10%. Not sure why, seems a good bet going forward. Perhaps due to competition this year, or Rishi is going to penalise supermarkets on wednesday. Who knows?
Fred, unbelievable!!! My open and honest post could have and hopefully will generate some helpful discussion. I am happy to have taken the action I have. Have a nice day. JJ
So you've spent your SD on TSCO shares and now you're asking "what are the positives Here" Unbelievable!!!
Thanks leas & exon. Anyone else not received? I purchased on 2-Feb so 2 weeks before XD.
Having bought these before the consolidation/SD I am annoyed at the outcome, but trying to look forward, not back. Simply put I have spent the SD on TSCO shares and 'am left with the same number of shares with a few pound left over. Now the bit I don't understand, I hold the same number of shares as I did say 3 weeks ago, and this means I own more of the company today, but the value of my shares is down by 10%. Has the payment of the SD, and putting money into the pension fund really reduced the size of the company? What are the positives here??? JJ
I'm with the ii platform, received my SD on the 26th as expected. I reinvested it straight back into Tesco, rather than wait for the drip! I find ii are a very good reliable platform.
hunger
I'm with Jarvis, all dividend owed payed. Also made a purchase on the Friday afternoon before XD and that has been credited to my account.
Hi...I've still not received my Special Div, was supposed to paid 26th Feb. I'm on ii platform. I see phy510 is in the same boat. Anyone know what's going on? Has anyone received one?
Just increased my share of the Tesco pie, thankfully I don't have to eat it!!
Thanks lynny, likewise if I hear anything myself will further post. I did get an email before saying “Around” the 26th.
Mrss, that would be due to the special dividend & 15/19 share consolidation. Go to www.tescoplc.com/investors and read the information provided there. Alternatively, read some previous posts on this board. It's been extensively discussed over the last few months...
Hi All! I hope this is not a new message because this is about the special div. I had 390 shares before 15 Feb, now I have received share certificates of 311. They have said the previous 390 certificates need to be destroyed. And entitlement from the special divided will be sent to you separately. What does it me?
@phy510 Hi no I haven't did send message Friday asking when could I expect it. So not sure get the feeling I read somewhere that it could be around 10th march I hope that isn't so. If I get notification will let you know OK.
Hi all, can I ask if those of you who are with IG have received your special dividend payment yet. Still not had mine. Wondered if others are also waiting?
TIA
Me too, ploughed my sd back in so now have the same number of shares (+/-) as before Feb. Assuming final divi will be significantly higher than last year - in theory if last year's level (total dividend payments) is maintained, we should get a final divi of 8.23p in July (last year's 6.5p ÷15*19). Total for the year, not counting the special, of 11.4p, a very decent return on sp of ~£2.30. Anything over 7.5 now and 3.7p next interim will be quite good.
Chelwood...needed tweaking
Morning All
Now the deed is done,can we find something else to discuss.
1.Ginge and Whinge on the Oprah show. (Oprah Show definition: whatever privacy is the Oprah show is not it )
2.Covid.
3.Anything but the SD.
Jr
In that case hope you will be adding. Good luck here and with your other investments.
Leas
Too true, and the only variance between us is the size of the final dividend.
I look forward to the year end numbers before investing further.
Jr20
Only one of the Asian businesses was profitable and one making a loss. Reduction of Pension costs should help too.
I suppose more clarity in April.
Less
Misunderstanding thought you meant a final dividend of 10p!
Understand bigger piece of pie, but size of the pie has reduced with Thai sale.
I am a supporter of the company
JR20
Really? Currently just over 9p for the annul total payment. 20% consolidation. Surely an increase with fewer pieces of the pie to share out.
SB
''It’s a normal dividend ''
rather large to come out of operational profits.
I have a buffer to shield me - an accountant.
He will take care of it