SP/ Dividends and Buy Backs15 Apr 2022 18:49
Is it me or is HMG deliberately screwing over loyal share holders to highlight their own political agendas in most areas of the UK economy ?.We had banks like Lloyds told to do the right thing and give away many Billions to dodgy PPI claimants to buoy up the economy for Cameron and co .Then when that finished the same money was held back from loyal divided holders to yet again buoy up the economy due to PPI. The same with the oil companies etc etc .None of this happened in the USA where banks ,oilers, developers etc etc all paid out full dividends and still do as it is the share holders money not the governments to play with and effect .Now TW is being made to pay towards dodgy developers and suppliers who were allowed to get away with murder using the governments own building regs etc .Fair enough pay for TW developments but not for all the other **** ups in the country just because Grenfell tower is centre stage for the wok media .The latest con is all the companies are carpeted by HMG and told again dont pay out to your share holders dividends in full which they need to live on. If you must pay out use mainly buy backs it looks better in the news on channel 4 ..And what about all the dividends allegedly frozen due to covid and promised to be paid out at a later date ? that has not happened in any companies I have shares in to date I know that .I suggets the money will be stolen from us by means of buy backs none of us ever asked for ! . The only persons that benefits from buy backs normally are company directors on their own bonus schemes !!!.The average jo wants the cash so he can decide what to spend it on !, I would suggest NOT on buybacks etc which might move the sp a few pennies before it falls back anyway the next day. It seems to me HMG have their fingers in most FTSE companies that the wok media want to rant about for their own political agendas , so that Gov can then be seen to be so caring and virtuous and just sod the poor working share holders that need the money to pay their own bills.!!!.Anyway rant over , if the old special dividends etc are not reinstated again soon, & previous withheld dividends accounted for properly then all this wok TW Grenfell tax will be the last straw for loyal share holders i feel.