Member Info for Gerry557

Big dip on the open today. I wondered if it was due to a report but this is expected later. I wonder what caused it

Some good metrics reported and some changes that might help with my issues with dividend yield forward planning.

Final Dividend

The Board has proposed a dividend of 90.0 pence per share (2024: 121.0 pence per share) representing a normal dividend (65% of post-tax profits) of 72.8 pence per share and a special dividend of 17.2 pence per share. The final dividend will be paid on 5 June 2026. The ex-dividend date is 7 May 2026, and the record date is 8 May 2026.

We further increased our returns to shareholders, with a 7 percent increase in dividend per share, and maintained a strong capital position, with a solvency ratio at 193%.

And for 2026 interim and final dividends we expect to buy back shares as opposed to paying special dividends.

So we might get into a position with a set dividend and hence yield that can be calculated with buyback replacing specials.

So the increase in dividend means less cash this year due to changes in specials but helped longer term by buyback. Im sure some would prefer the extra cash but you cant please everyone.

This will be maked as amber on the spreadsheet as cash terms it will be less than last year. Will be interesting to see what they say in the presentation

I think its a mixture. The results were out and whilst its looks to have improved its still not great. Divi held. The geopolitical events are having a double dip effect. Markets are down generally and by more than earlier days. The drop in the market also affects the amount of assets under management.

I suspect this might continue whilst the news cycle is ongoing. It might get amplified should the US suffer a big hit or the rest of the area takes more incoming.

It's not just the army that need hard hats at the moment.

Https://www.rolls-royce.com/investors/results-reports-and-presentations/financial-results.aspx

Of course its great to watch Helen McCabe CFO in action. Her animated presentations are a particular highlight.

Of course I'm looking at calendar years not RR. financial years so it apples and oranges in a way. So it begs the question will the Sep payment get a bump

Fordm

Most shares move more than the dividend and RR. isnt what you call a dividend share anyway. The yield is so low that SP movements can easily outpace it

Yes it might get a later bigger Interim but the Apr payment will be less than last year. Just an observation and ignores buybacks etc. Mentally I was expecting a bump

The Directors have proposed a final dividend for 2025 of 5p per share (2024: 6p)

A dip will allow them to buyback more shares, silver linings and all that. Nice bump in the divi although it wasn't that high to begin with. Lots of other good metrics even though "despite headwinds" was rolled out on occasions.

HSBA tomorrow so it might add more context but I cant see them bumping the divi 65%

Which one Nestle or MICC. MICC was spun off and ULVR shareholders got some of the shares in return not cash. ULVR retained approx 20% to be sold later but I dint see a special return happening.

Sparz ..... spellcheckers

Spare

Just buy some other shares then you can keep these as the percentage will drop relative to the bigger PF.

Out of interest what would be 1762p with 10 years of inflation added in.

It's results shortly so we will get a better feel for how things are going. As for recycling, its being considered. More to move from individual shares into Investment Trusts and probably a better yield.

I note Nestlé is selling off its Ice cream business too

GSK targets a payout ratio of 40% to 60% of its earnings. This ratio guides the distribution of profits to shareholders while allowing for reinvestment in the business.

Nothing grates like a dividend cut on the back of a dividend cut. Still I can see the sense in why they are doing it. Obviously selling up hits some of the metrics but will apparently improve others.

So its still jam tomorrow, well except for all that jam left on the rocks previously.

There are some signs of life and the new chair was delt a bad hand to begin with. Hopefully the bottom isnt too far away.

Sammacleod

Because there are costs related to end of life turbines which can change or regulations be installed which changes the case. So are they being recycled or buried, you are contradicting another poster. I don't understand your carbon locked in statement or that they don't degrade or leach. If that is the case why do they seal the "tombs" that they get buried in.

A17 is that because us saddos are unhappy millionaires

This isn't good news for RR and could be start of a slippery slope. In some ways Im hoping that across the pond things don't go well and its uses more fuel and they are supposed to be our friends.