A special dividend would be great, but I think further buybacks are more likely!
I am in here for the same reason, currently just looking for a regular return on my holding.....but I am also "trading" the highs and lows where I can (when funds allow, which has increased by holding by approximately 10% (in addition to dividend) over the last few years, not as good as capital growth, but I have more than I started with so I am happy enough at the moment.
Many of us who have a far smaller holding that £100k are looking for some mid term capital gain....which will not happen in a savings account - so we are here for the potential of growth, the dividends along the way help me to increase my investment portfolio (not just in Aviva), until I have a significant pot where I can "live" off the interest, a savings account isn't suitable for me unfortunately.
A significant sell from cevian may have played a significant part in the current SP drop?
I am keen to see if they purchase a position again in the near future, as if they do - market sentiment will improve and SP will go up (little fish following big fish).
Share price does not impact profitability I don't think, so the divi should be the same regardless?
Not all my investments are in shares, gotta spread the risk, so I have some "cash" - that bond looks to be a good option at 6.2%. However my Aviva shares are yeilding me approx 7% currently (based on my average price) - and with the ability to trade peaks and troughs I am able to add to my holding and reduce my average (thus increasing my return) with the added potential of a 5-10% growth on my holding value too. Prices are not much higher than the 52 week lows, so I (along with others) are anticipating some upside on the share price in the next 3-6 months.
22p is not the full year dividend, it is likely to be circa 33p so 33/377 = 8.8% annual dividend return on investment.
You are not comparing like for like - is the bank bond 6% ROI over the 2 years or per annum?
I have taken the plunge today and bought back in at 4.08 with my dividend - I was holding for a dip, and this seems fairly substantial!
With the dividend payment tomorrow, can I please ask what your plans are?
Take the dividend payment (hold as cash for now)
Reinvest straight back into Aviva
Invest into another share
Previously I have set my dividends to reinvest, but have chosen not to do this automatically this time, instead keeping my dividend in my account as "cash" to take advantage of future dips.
Just wondering how those of you who have large portfolios or have been doing this for a long time manage your dividends
Thanks
I am keen to see if today's buy backs are at a greater volume than yesterday's - could be a very shrewd move by Citi to capitalise on the dip!
I did not expect to see this much below 450 prior to ex dividend date, let along under 430 - nice little top up time for me!
Most my AV are held in my Sipp, so I don't really trade, but I had just transferred some cash into the account, and today was a good day to buy it seems!
Very mixed messages from them! - almost as if they were trying to keep the price low yesterday and today they want it to rise! https://www.fool.co.uk/2023/01/12/8-1-yield-is-the-aviva-share-price-the-greatest-ftse-100-bargain/
I usually buy and hold these for the divi and just hope for future growth value as these are in my SIPP, however I think today's sudden drop in price is an opportunity for some quick "in and out" trading to make a few ££ here.
It would depend on what has been planned for and how the business is run - it may not be the whole sector which is impacted, it could just be that DLG have some underlying issues. I see this as a top up opportunity
I assume the 37p is based on annual dividend, whereas the current payment is interim, to be "topped up" at the end of theyear?
Prior to the consolidation there were more shares in issue, so in therory the supply would have been higher and therefore the price rise would not have been 20p per share (as there were far more shares in issue) - don't think of price rises in terms of £, think of it as percentages, and then you will see that it all balances out in the long run.
Your percentage of ownership of AV will increase if you reinvest your B share income back into AV.
You own the same percentage of AV as you did pre consolidation, but you do not have as much money invested, if you wish to invest more money you will be increasing your holding.
@long I am happy with the situation and intend to buy more Aviva with my B shares income, and continue adding on a monthly basis as I see AV as a long term investment....paying good dividends. The point I was trying to make with @Gary59 is that we all have an opinion in what we wanted to happen, but that isn't what IS happening, the B share issue and consolidation is the fact, the reality and no amount of moaning about wanting anything else will change it!
I am here for the long term
I would have preferred for Aviva to have used the capital to acquire stakes in other companies further pushing the profitability and therefore dividends up, but that isn't what has happened. Aviva have issued the B share buyback scheme to return capital to shareholders....if you do not want it, then buy back your shares with the B share proceeds and you will be in a similar position.
No you are incorrect, you needed to have bought the shares last week to be eligible for the B shares
Not a special dividend, a B share issue and buyback for £1.02
Details can be found here - https://www.aviva.com/investors/return-of-capital-2022/