Member Info for mj653

Yes, I invest spread across sectors for dividend and safety with more than one firm per sector some 30 firms in all. So hold the following in proportions of 3 BATS 6 IMT 3 HSBC and 13 RDSB amongst others with a constant eye open to optimize the balance across our ISAs and shared share accounts RDSB is my punt for growth. I notice also your chat with Gerry 5nn, which is why the off BATS shares are mentioned on this page.

Not totally sure IMT has promised to increase divi every year for some while if I remember rightly. So one only needs to ensure they make enough to keep the promise before switching out. Personally I hold both close to 50:50 and don't have itchy fingers to go either way. Which way did you go can't bear the suspense!

Thanks for the info stream MY21. Bats have always fought their corner and are diversifying. Whats the tobacco v Non-tobacco split like? It should begin to be supportive soon shouldn't it?

Lets hope its a profit maker and that we didn't under bid by too much to get it if we have.

I Agree with BONZ1957 explanation. Also if you are a standard rate tax payer or pay less the default option 1 is probably the simplest and you should not even have to to tell your broker that's what you want. Your share quantity will be adjusted and valued at the the new hopefully higher value. The 73 pences dividend will be posted to your registered bank account with your broker for you to do whatever you want with. The 73 pences being dividend you will not have to pay extra tax on them. If you are not a standard rate tax payer get/pay for some proper advice unless of course you understand it all! I am not a a high rate tax payer just a pensioner looking after his own investments. Anyway good luck take care.

I agree that the formal negotiations will go to the wire and then the top level institutions will agree something. However I am aware of the "Vox populi" , Nero and "Bread and Games". I believe the slow moving central banks are like nero, I hear the people shouting "Bread and Games". Yes - I feel Pandora box is open. Any comments other curses for muddled history!!!

Whoops 55 real + 40 equity + 5 bullion = 100% Thats better!!! Thanks Hottentot, I guess I was writing too fast on several counts. . . . Must do better!

Thanks Liberalman. Yes and No - Basically I need the low/free of tax income afforded by company dividends to live on as I have no other pension. I have about 60% in rent earning real-estate. 5% in bullion and 45% in equities ( financials & high tech are excluded as are equities not in the FTSE 350).. This seems like a good spread in normal time what thinks you when Grexit seems more & more likely?

I am not too sure how Grexit or even Spexit would after Companies like DEB. Can you explain? I understand it would damage the euro and embarrass some banks and even insurance companies severely but good trading equities should manage to stay the shock. Shouldn't they? PS don't hold banks or financials that might have too many euro loans out.

The above is worth a quick read. Basicly says all is well but reducing the divi by a bit so that it will total 80p next year (to pay for the £30M restructuring?). However they intend that the divi will keep up with RPI increases for the following years until 2020.

To buy a few more as an income investor. The divi won't go up and down as often as peoples opinions or for that matter the markets opinion!! Lets face it the market nearly always overreacts, which is good for those who hear the news and can get straight in. I guess analysts overreact because they want to make their point so why don't we just average them?

Hi Bonz, Yeehow!

Morning: Most of my remaining SSE was bought at at 1127.571p. Now that gives a good divi! however my current concern with SSE is the PE ratio and earnings cover, which is why I reduced my PF's risk. Any thoughts?

Many thanks for the the spine stiffening help. I aim for a balanced long term dividend yielding portfolio that adds tax paid divi dosh to our Govt pension. It also has to obey simple rules so that my wife and/or the youngsters can take on the management of it in event of my death or incapacitating illness. So far the rules and my health have treated me well!! Hope you guys are similarly positioned.

and BLT and AA all seem to be fickle! Anyone got some good reasons for staying in? They are part of my diversification seems to be the only reason to stay. BUT they are becoming very expensive protection.

and AA. and BLT all seem to be fickle! Anyone got some good reasons for staying in? They are part of my diversification seems to be the only reason to stay. BUT they are becoming very expensive protection.

Thanks Gerry and Driftking. Like both of you I invest for income and trading swap arounds are only done rather reluctantly except in the case of the annual rebalance job. We live off the govt pension plus income from investing what we got from selling our wholesale/mailor order businesses and some rental from its building. Consequently we are cautious and don't like paying fund managers or financial advisors to look after investments.

Sorry about the table being crushed down. Forgot the message software did not handle tabs and new lines usefully it just removes them!! Ticker Holding P/E Cover NG 27% 13.5 1.57 SSE 24% 48.1 0.40 SVT 33% 10.9 2.28 UU. 16% 8.4 3.00

I find the topic confusing. I split my dividend targeted portfolio over about 10 sectors (there are some I don't trust) and within each sector hold between 2 and 4 stocks. I have a general control spreadsheet taht amongst other things red marks a stock when P/E is over 23 AND cover is less that 1.4. I sold 50% of my SSE holding and spread the value over NG and SVT. This gave the table below: - Ticker Holding P/E Cover NG 27% 13.5 1.57 SSE 24% 48.1 0.40 SVT 33% 10.9 2.28 UU. 16% 8.4 3.00 Are you guys saying 1 - should I have held onto the SSE? 2 - not take some defensive action? 3 3 - WAS I nervous because the favouring SSE just broke the rules of spreading when it was 50% of my utility holding? I admit to a non numeric (naughty) liking for SSE! and worse still I have forgotten why!! Look forward to some contradicting answers

Just noticed - Looks good - saves cost and makes profit!! Just a shame about the oil industries (temporary ) nervousness about the low oil price.