Wassatt1 Mar 2019 23:35
No hard and fast strategy as they sometimes increase/decrease on results. Take McColl’s which are up today on the broker note and got a cracking shot in the recovery arm from Morrisons looking to fills the shelves after the cheap sains stores looking dodgy now...dropped the next one to less than a penny from 6 I think last time....not one for the yield now,whereas reach,Telford homes,wpp to name a few this week announced and raised theirs.
The trusts and quarterly ones like bp,tobaccos etc a bit more predictable, ncyf for instance about four and a half p over four quarters so kind of in the middle of the quarter or as I do it,whenever I’m in funds and they look cheap!
Specifically chasing the divs can be a precarious business as some ex divs effect the price massively esp specials so an escape to chase the next one not so easy so quarterly payers better unless it’s buy/hold.
I could go on about divs for hours mate,does that answer the question?