Member Info for longtimeinvestor

oak
there is nothing about being an ah about a sensible reply to a meaningless -

''so far he's hardly acknowledge us''

dor
that postage would add up.

I get annoyed at silly things like when a corporate action takes place on one of my stocks - in those circumstances HSBC send a personal letter in the post. Not only that, if I hold the stock in an ISA and outside an ISA I get 2 letters - what a waste of money and paper.

dor
that postage would add up.

I get annoyed at silly things like when I corporate action on one of my stocks - in those circumstances HSBC send a personal letter in the post. Not only that, if I hold the stock in ans ISA and outside an ISA I get 2 letters - what a waste of money and paper.

cook
''but you cant beat mother nature , short lived in 6/8 weeks time you can have your tasteless toms back ''

yes, the usual mountain over a molehill by main stream media - who gives a s iht, and then some pathetic individuals putting their own spin on things

Oak
''so far he's hardly acknowledge us''

He and the BOD had given the go ahead for 10% returns to shareholders from 2021 and 2022 financial years. The final dividend has increased by 20%.
Were you expecting a personal letter to tell you this.

“The math isn’t complicated: When the share count goes down, your interest in our many businesses goes up. Every small bit helps if repurchases are made at value-accretive prices,” Buffett said. “Gains from value-accretive repurchases, it should be emphasized, benefit all owners – in every respect.”

flec
''own opinions.''

your opinion being that £4 Billion should all be returned to shareholders by way of dividends. The CEO and board members have decided otherwise, and so your opinion constitutes pointless moaning .
As I said you have to live with the facts - there is a buy and sell button.

s1
a progressive dividend policy can be helped with a yearly share repurchase programme, even with flat earning, unlike just giving a certain percentage of earning all back to shareholders by way of dividends. In that scenario, flat earnings mean flat dividends

Flec
Under the previous CEO they had set themselves a target to reach a 70% return from earnings to shareholders by 2016.

Forward total returns to shareholders in 2023 could be pushing towards £4 Billion

Investors should already not be complaining, with 10% total returns - I cannot believe some investors - moan moan moan.
Investors, take responsibility for your own decisions and stop complaining.
There is a buy button and a sell button.

Dor
''or even just dropped back to 2.5p. ''

the forward prospective will be greater that that in 2023 and hopefully continue on an upward trajectory. Further returns are being made by way of buybacks pushing up forward returns to about 10%.
Anyone complaining about 10% returns to shareholders need a serious talk to themselves in the mirror.

flec
''Shareholders deserved a resumption of the old progressive dividend policy ''

??
Investors in shares 'deserve' nothing. They make an investment decision in the hope that employees of that business can run it successfully and thereby make a profit, a proportion of which if the BOD decide to do so will be returned to shareholders. Anyone not liking the way a business is run is not forced to buy shares or retain shares.

Lloyds have a progressive dividend policy. The total returns are greater now under the new CEO

flec
''you have your opinion, I have mine.''

I have stated the facts of what happened.

As far as future returns are concerned, we have a well above average dividend being paid and progressing - tick

There can currently be a progression of dividends AND (we no longer have PPI payments) be able to invest in Lloyds shares AND make external investments that the BOD feel is worthwhile - tick.

flec
Current returns of 10% plus to shareholders is WELL ABOVE pre covid 19 returns

flec
''the dividend debasement has nothing to do with Covid, ''

it caused provisions having being made, it caused a collapse in share price.
The share price is still at a low level.
We had a new CEO, who decided on taking advantage of low prices to invest in Lloyds shares.

The final dividend has been increased by 20% over the 2021 final.
Current yield and prospective forward yield is well above the ftse 100 average, so there really is no room for complaint when it comes to dividends.

I would rather leave the running of Lloyds to the new CEO, rather than listen to complaints from individual shareholders about 5% plus and progressing dividends being paid

If there had not been a Covid 19 pandemic, then then path of share price and indeed the path chosen by the new CEO, regarding allocation of returns to shareholders may have been different.

flec
''I've also taken advantage of the lower valuations, due to covid ''

so first you complain about a dividend that didn't go xd and had not been approved by shareholders not being paid because of the Covid 19 pandemic and now say you took advantage of the Covid 19 pandemic.
I am sure investors purchasing at below 24p (you may not be one of them )as a result of Covid should not then be those complaining about a tiny amount of dividend in comparison to a 24p purchase or indeed anything under 40p.

flec
''the Group will also commence paying dividends quarterly, accelerating payments to shareholders, with the first dividend being paid in June 2020''

We have had a Covid 19 pandemic and a new Lloyds CEO.
It is nearly as bad as those who quote pre LBG share prices.

The final dividend has been increased by 20% over the 2021 final.
Current yield and prospective forward yield is well above the ftse 100 average, so there really is no room for complaint when it comes to dividends

flec
'' I can only assume you weren't invested in Lloyds pre covid''

I have been invested in Lloyds in various forms or what is now part of LBG for about 25 years

flec
''You'd see no complaints from me if they'd reinstated the dividend at Pre-Covid levels''

A new CEO has come in and very wisely decided to make investments in Lloyds shares on behalf of share holders whilst the price is well below book value.

The final dividend has been increased by 20% over the 2021 final.
Current yield and prospective forward yield is well above the ftse 100 average, so there really is no room for complaint when it comes to dividends

''I was invested in Lloyds pre-covid and missed out on the 2019 Final Dividend'''
Returns since then would have more than covered that by a long way