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Closed at 4.05. The 3.95 is another site error. It did the same one day last week but opened correctly next day.
Looks like a site error as lse shows 4.04 as closing price. Phew!!
How can share price drop from 4.04 to 3.96 after hours. 2% down is very strange. It doesn’t move that much unless numbers are being reported and they aren’t. Fishy!!
Thanks guys. I was looking at what was paid within the financial year rather than what was declared. I have received all the payments mentioned. I assumed (clearly wrongly) that the yields shown related to actual income received in either calendar year or financial year .
Just double checked and only 2 div payments. No special. Been in these a while and my Hargreaves paperwork is definitely in order so I have no idea where the extra one you mention comes from because it wasn’t paid to normal shareholders. Sorry.
I did it manually!
Divi arrived in Hargreaves and reinvested. SP probably drop later but happy to hold long term.
I don’t think we had a 7p special last year. I’ll double check but I think we got a 7p interim followed by 14p final. We all hoped that there would be a special to compensate for the scrapped div when the Banks were advised to hold off declaring dividends due to financial uncertainty caused by pandemic. L&G kept theirs but AV dropped an already declared one.
I hadn’t made the Norwich connection! I’d probably have given AV a miss if I’d thought they’d be as half baked as Delia’s footballers. Never mind we’re in it now and we’re staying for the foreseeable.
Don’t yoyo’s go up as well as down !!
Obviously hoping to see a decent SP in the near future but happy to reinvest the divi at these levels tomorrow.
Interesting to see that buck back numbers are going down. Started at 1.7 million but only just over a million today. Clearly hoping to pick up more tomorrow when SP drops after going ex divi.
I’m with you Allatsea. Having a large shareholder providing board oversight can only be a good thing for all of us.
Buried, from the views I’ve read today I think the majority want the money returned to shareholders in the best way possible. Based on the market opportunities from UK, Ireland and Canada they can do very well growing share. There’s a big anti Europe sentiment and a likely clamp down on Asia so getting out on a high makes total sense.
Hard up. A very similar run to you although stayed with AV through last year then switched into Lloyds and had a nice return. Then back into AV in the hope of a decent run in light of the eventual cash return. This has tread water whilst Lloyds has rolled on more than 10%.
If Thursday doesn’t provide positive guidance then it’s back to Lloyds with maybe a side punt on Virgins space business. AV should be a no brainer up to £5 but it’s become a trading share to so many that it simply can’t get going. Fingers crossed they get get burned and we can enjoy the ride up.
Nice divi now reinvested. It’s interesting though to see how little impact individual investors have on SP movement. You would expect to have seen serious volume of share purchases as divi reinvested but Friday volume was lowest of the week and more sales than purchases. Very odd but suggests we absolutely need the big investors to get this really moving.
In which case US market should rise based on level of corporate borrowing!
One great upside though is the lower the SP the more new shares I can buy with Fridays divi.
You won’t get a much clearer picture of how unloved AV is than to look at today’s declines. UK market down due to potential impact of inflation in US. Aviva down more than L&G despite rising much less in recent days. Inflation is bad if you have debt but should be good if you have cash. Aviva is clearing debt and awash with cash. The UK market is mad!
With the 14p divi being paid next week we should see some improvement as it’s reinvested hopefully.
Slice, this is all about historical investor sentiment. AV has been badly run and seriously eroded value. The new chief exec has set out her plans to fix it and the disposals were the first step. She now has to spell out how the cash will be both returned to shareholders and used to strengthen the remaining business. If she gets this right we should see the SP moving more in line with peers. It’s not out of the question to expect £5 by the year end and a decent special dividend. However I’m sure many on here will see this as fanciful.