Paypoint Share Price (PAY)

Chart position bullish with break above down trendline from August 2023. Bullish also because sp, has re-established up trendline from 31/5/23, with the recent low. The converging up trendline and now broken down trendline, indicate the probable line of least resistance is upward, and that the sp, target, can be measured from height difference between the 31/5/23 price point and the August high price point, added to the recent breakout above the August down trendline. Support appears to be at 525 , for a stop loss, but wise to also subtract average true range (chart menu) from that figure. DYOR.

Most earnings are paid out in the form of a generous dividend yield (c. £25m p.a.), but the remaining profits could still pay for a helpful buyback that would boost EPS for shareholders going forward.

Just checked my dividend receipts. It was end of July and end of September in the three years prior to last year. There was a delay to the preliminary results announcemnet last year due to the additional statutory accounting and audit work related to the acquisition of Appreciate Group (the results were released at the end of July rather than the end of May), so they may well revert this year to July and September this year. We should hopefully get a post-closing trading update early next week.

According to "ADVFN Paypoint. Dividend History" there was a payment . in June. each year . up to 2022, 2023 was. an exception

They don't pay quarterly dividends per se; they split both the H1 and H2 dividend payments into two equal instalments

Historically the H1 dividend instalments have been paid in late December and early March whilst H2 dividend instalments have been paid in early/mid September and late September.

A bit quirky I know ;-)

Hope that helps.