Member Info for bob6

Buying on dip , not bad for forthcoming next EX DIVIDEND date should be some time around 16 th August around 37p

BUY £5.65 £5 will be just fine 7.30 pm Brent $ 49.51 +1.4% and going up $50 a barrel by Friday ?

HFEL NEWS https://www.trustnet.com/Factsheets/Factsheet.aspx?fundCode=ITHHI&univ=T Issue of New Shares The Board of Henderson High Income Trust plc is pleased to announce that it has raised approximately £32.1 million in connection with (i) the Company's participation in the proposed scheme of reconstruction and voluntary winding up of Threadneedle UK Select Trust Limited ("UKT") and (ii) the Initial Placing and Offer. The number of New Shares to be issued to UKT Shareholders under the UKT Scheme is based on the HHIT FAV per Share and the UKT FAV per Share. The HHIT FAV per Share was 192.63 pence and the UKT FAV per Share was 223.28 pence. Accordingly, UKT Shareholders will receive approximately 1.16 New Shares for every UKT Share held by them. In aggregate, the Company will issue approximately 15.2 million New Shares under the Scheme. New Shares issued under the Initial Placing and Offer will be issued at an issue price of 194.56 pence and approximately 1.4 million New Shares in aggregate will be issued pursuant to the Initial Placing and Offer. Applications have been made for the approximate 16.6 million New Shares to be issued pursuant to the Scheme and the Initial Placing and Offer to be admitted to the Official List (with a Premium Listing) and to the London Stock Exchange for the New Shares to be admitted to trading on the Main Market. It is expected that Admission will occur and dealings will commence in the New Shares to be issued pursuant to the Scheme and the Initial Placing and Offer at 8.00 a.m. on 29 June 2017. The Company will not invest more than 15% of its total assets in any single investment, nor will it invest more than 15% of its total assets in other investment trusts or investment companies. The Company has an active policy of using appropriate levels of gearing, usually in the form of bank borrowings, in order to enhance returns. A degree of gearing is usually employed with respect to the fixed interest portion of the Company’s portfolio in order to generate additional income. The drawdown of borrowings is principally in sterling but may be in other currencies, provided that these borrowings do not exceed the assets held in that particula http://www.investorschronicle.co.uk/2017/04/12/funds-and-etfs/investment-trusts/henderson-high-income-and-threadneedle-uk-select-plan-merger-XoU9jyerZtggqfdmq5mmpJ/article.html

should have read anybody can buy the shares up to close of business on Wednesday (9th August ) and get the dividend payment.

Declaration 27 th JUNE 2017 ex-dividend date Thursday 10 th August 2017 amount payed per share is 11.6 p date paid is 23 rd September 2017 notes anybody can buy shares up to close of business on Wednesday 26th August and get the dividend payment. Before the stock market opens on Thursday 10th August 2017 the share will be adjusted down by the dividend payment, in this case 11.6p If you want to you can sell the shares on the ex-dividend day and still get the forthcoming dividend as i see it Basically there is nothing wrong with this company, ok rental is down . effecting profits a bit , but management as stated are doing there utmost to rectify this .

450.00

it's a no win situation OPEC trying to cut back production YANKS seeing higher prices , has given them the opportunity to restart and open up more Shale production . and the amount of oil storage awaiting a price rise before sale is back to highest levels ever so yes it's possible we could see 30$ to 40$ a barrel again this in turn will drive the markets down, let's see what happens tomorrow , further oil falls mite create what people have been dreading start of a correction.

http://www.opec.org/opec_web/en/multimedia/349.htm

http://citywire.co.uk/money/the-expert-view-shell-abf-and-topps-tiles/a1019296?ref=citywire-money-latest-news-list#i=2

http://www.cnbc.com/2017/05/24/opec-can-get-oil-prices-back-to-60-a-barrel.html

To begin, taxes are a key difference between the two issuances. The difference is due to this construct called the "dividend access mechanism." The B shares have the dividend access mechanism, while the A shares do not. What the dividend access mechanism allows B shareholders to do is to forego withholding tax (15% under Dutch law, verified by the Dutch Revenue Service). Withholding tax reduces the size of your investment earnings, so taking the right steps to not be subject to this is highly advised. So, what is a withholding tax? Why is a withholding tax present? Quite simply, it is Dutch law: "Any payment by the Company will be subject to Dutch withholding tax (unless an exemption is obtained under Dutch law or under the provisions of an applicable tax treaty)". The withholding tax just means that 15% of your dividend received is cut. So, you'll effectively receive 85% in a net payout.

closed Friday 53.79 up 2.54%

By Sarah McFarlane and Biman Mukherji Updated May 19, 2017 8:14 a.m. ET Crude oil futures rose Friday, building on overnight gains in the U.S., as investors showed optimism for next week’s OPEC meeting, where production cuts are expected to be extended. Brent crude, the global oil benchmark, rose 1.1% to $53.12 a barrel meeting is on Thursday 25th May 2017

By Sarah McFarlane and Biman Mukherji Updated May 19, 2017 8:14 a.m. ET Crude oil futures rose Friday, building on overnight gains in the U.S., as investors showed optimism for next week’s OPEC meeting, where production cuts are expected to be extended. Brent crude, the global oil benchmark, rose 1.1% to $53.12 a barrel OPEC meeting is on Thursday 25th May

http://www.reuters.com/article/us-global-oil-idUSKCN18E06K today report

http://www.livecharts.co.uk/MarketCharts/brent.php it's always interesting to know how the oil price is changing was 53.20 last time i looked , it goes together, if there is a sharp price rise or fall in Brent it.s going to affect the share price, good for you Omerta

fair comment, sp rational no it's the option whether to buy before the e-dividend day or on the drop after ,unless you buy at a drop a few weeks before the ex day , then you have the decision 1. to sell the day before ex day or hold for the dividend and except the drop in th sp on ex day. 2. or wait and buy on the drop plus the normal full after , but as pointed out , in a rising market. a share price can recover the ex-dividend drop on the same day.as BP

Conclusion So the company is already FCF positive after its dividends. Now, it is in a position where its operating environment is improving, which will result in even higher cash flows in the future. Therefore I believe that the current high dividend yield of the stock is safe. And because a dividend yield of 7% that is sustainable is more than enough return over the long term, investors should seriously consider buying this stock.

Conclusion So the company is already FCF positive after its dividends. Now, it is in a position where its operating environment is improving, which will result in even higher cash flows in the future. Therefore I believe that the current high dividend yield of the stock is safe. And because a dividend yield of 7% that is sustainable is more than enough return over the long term, investors should seriously consider buying this stock.

https://seekingalpha.com/article/4063763-royal-dutch-shell-dividend-safe