Abrdn Share Price (ABDN)

ET42 is the same with banks making their money on deposits in the first instance if you think the FCA will start plundering the banks and partly owned by the government then you only end up in a civil pirate war... Abrdn is a rising Phoenix maybe once the AUM from the Far East, China will start to show up again.

The share price would suggest the market as a whole doesn't believe the dividend is sustainable at its current level.

II makes a lot of its profit (more than half its revenue) by retaining a margin on customer cash deposits- ie not passing the interest they earn on to them in full. I'd be a bit nervous about that in light of the FCA's recent 'Dear CEO' letter on the topic. II would be loss making without that revenue stream.

But a new CEO is more likely to wonder why such a dividend is justified given the performance, whereas Bird needed to maintain the dividend to justify his continuing in post.

I disagree, the company has improved q1 and a dividend was maintained throughout some of the darkest times. Divs aren't decided on share price performance but on the company as a whole.

A dividend cut may be on the cards..although what is the shareholders’ reward for holding these shares apart from the dividend?…the only bright point in Abrdn’s earnings is interactive investor.