Member Info for contrarian123

In my opinion this share is overpriced - Have a read here for some insight not specific to IAG but in general. Draw your own conclusions https://hbr.org/2016/05/the-reason-air-travel-is-terrible-and-so-few-airlines-are-profitable

Thank you Liberalman - Put it down to laziness and a desire on my part for an expert re-affirmation

Does anyone have a view on how much the full dividend will be for 2017? I see 1st quarter divi is at 3p. In my simple maths this means 12p divi. Looking at the yield at today's prices this equates to approx. 3.8% and not 5+% indicated by lse which is still showing 18p. Even last year's divi was 13p. Is there any upside to come from this or is the slowdown in China affecting it?

Hi Mark I hope you are right. The pessimist in me says that they are avoiding share buybacks just in case further falls in the share price may come in later quarters. I am in for the long term with an average of 50 and very glad to see how the market responded today.