Member Info for hardup

ByJoanna Ossinger
19 May 2022, 00:31 BSTUpdated on19 May 2022, 13:04 BST.

Marko Kolanovic is resolute that things can get better for U.S. stocks as the year progresses, even with the S&P 500 tumbling and bullish catalysts seeming rare these days.

“We can climb out of this hole,” Kolanovic, JPMorgan Chase & Co.’s co-head of global research, said in an interview last week in his New York office, referring to stock prices. “There will be no recession this year, some summer increase in consumer activity on the back of reopening, China increasing monetary and fiscal measures.”

Bolstering his opinion is a conviction that US inflation has probably peaked, or is about to do so, paving the way for a pullback in price pressures that will eventually allow the Federal Reserve to moderate the pace of monetary tightening. Fed Chair Jerome Powell, in his most hawkish remarks to date, said Tuesday the US central bank will keep raising interest rates until there is “clear and convincing” evidence that inflation is in retreat.

https://www.bloomberg.com/news/articles/2022-05-18/jpmorgan-s-kolanovic-says-stocks-can-climb-out-of-this-hole

ANGS up 12%, lol! One swallow does not make a summer! pmsl

Well at least the good citizens of Seville will have been culturally enriched with the invasion of their city over the last few days of over 100,000 drunk weegies!

No, quarterly dividends binned. Back to 2 dividends annually, interim and final. Last interim dividend was 0.67p paid in September last year; if you look back the last few days posts here on the thread "interim" you will see what others on this board are forecasting for next interim dividend to be announced at half year results 27th July.

If your granny had balls she would be your grandad

Just reinvested my dividend in SIPP account back into Lloyds @ 43.325p

All US Indices currently well down. DOW currently down circa -2.88%. Nasdaq down -3.99%. S&P500 down -3.37%. Looking like a down day tomorrow!

After 56 trading days, buyback complete to date:
Total shares to date..................................................1,988,440,039
Total Cost to date... ................................................ £908,066,386.44
Average price paid to date.......................................45.667p
Percentage of £2 billion buyback completed........45.4%

There are a few newbies to the Lloyds board over the last week or two who are all in overdrive ramping Lloyds. Funny that there is one common factor for all of them; apart from there very brief history posting on the Lloyds BB, previous to this they all have pages and pages of posting on the HUR (Hurricane Energy) board. Pure coincidence or something fishy going on? lol

"0.6p - that would be a sufficient progression for me"
That's not progression; it has come down from last year which was 0.67p. A progressive dividend policy should not come down:
"A progressive dividend policy is one where the dividend is expected to rise at least in line with increases in earnings per share. However, if earnings per share falls, the dividend will not be reduced."

DOW been sliding since open, currently down circa -740 pts, -2.3%.

Any returns to share holders, whether by way of dividends, share buybacks, or a combination of both, is ultimately dictated by EPS.

Ultimately the dividend is dictated by EPS.

livestock
"That's what I make 0.07p that's a good progressive dividend"
Not quite sure what you are trying to get across? 2021 interim dividend was 0.67p per share, so I have conservatively estimated this year will be 0.7p (a rise of 0.03p from last year). What is your figure of 0.07p referring to? Did you mean 0.03p?

Hollybean
Can't see it being over 1 let alone above 1.4. If it was 1.4 then by the 1/3 interim 2/3 final split the final would be 2.8p taking full year dividend for 2022 to 4.2p, which would be an increase of 110% from 2021 full year dividend of 2p. Living in dreamland there I think. Don't get me wrong, be nice if it was the case, just can't see it.

69 meal for two

0.7p per share.

After 55 trading days, buyback complete to date:
Total shares to date..................................................1,987,669,438
Total Cost to date... ................................................ £907,727,861.42
Average price paid to date.......................................45.668p
Percentage of £2 billion buyback completed........45.39%

See what happens with SP after Thursday when dividend is paid. I'm not expecting fireworks but dividend reinvestment may nudge the SP up a penny or two. Maybe a good rise in interim dividend at half year results on 27th July maybe get things moving again? Otherwise forget about it until St Legers day. lol

So no stinking c-oc-kney eel pie and mash tonight!