Gerry5578 Jun 2018 20:26
Hello Gerry, I was very interested in your post where you suggested, although you like vod shares because of the high divi , you seem to say that you just reinvest the divi. What I don't get is, what is the point of paying a high divi , if investors just plough the the money strait back in, they have to pay dealing costs & stamp duty, so why not just pay no divi, & keep the sp the same. i e . no fall by divi on ex divi day. I assumed you kept the divi as I do. (income) .Divi reinvestment on high yield divi shares to me makes no sense, unless perhaps to avoid cap gains tax, but it is not that difficult to avoid unless you are super rich, & anyway I Thought all your shares were in an i.s a . By the way I wonder where your 10 year graph for vod sp comes from, some are way wrong. Has vod been a good investment? It all depends when you bought. At 2.50 bad, at 1.50 good. I have some random, but totally accurate closing sp's over the last 8 years, & I've held vod for about 20 years, so have some older sp info as well... Many have question'd the wisdom of vod's very high yield, do you still support it? Thanks Gerry.