Member Info for Pantherax

'Pan
Extra returns will probably be made at full year results'

Let's hope so. The results are good. I'm just a bit disappointed this morning. Mixed emotions. Must stay positive.

I'm surprised the shares are up this morning. I'm going to vote against the board with my holding. There should have been some token special divi to compensate for the loss of the cancelled divi in my view.

I guessed the divi @0.57p and they've announced 0.67p so I should be pleased with these results. But after seeing Barclays results yesterday I was hoping for better. I don't expect the share price to fare well over the next few months. They keep mentioning dividend accrual.... What on earth is being accrued?

"Look at Barclays results, have you DYOR? I actually now think 1200p on Saturday"

I'm confused by this post. What will be 1200p? And there's no trading on a Saturday. Apologies up front if I'm missed something on the thread.

They're bought on the open market and cancelled. An RNS will be posted each day stating how many shares have been bought for cancellation - therefore reducing the overall shares in circulation.

If Barclays excellent results are anything to go by then we should do well here. Barclays half year dividend is double last years final dividend.

Great results. In addition to the 2p divi and £500m share buyback final dividend projected to be 4p giving full year dividend of 6p excluding share buybacks.

I think it's going to be really conservative - and then double at final - no Q3 Divi.
So half year - 0.57
Full Year 1.14p
Plus full year special dividend of 0.5p making full year dividend 2.21p

Guess the HI Interim Divi competition?

Teej - 0.75
Baffled - 0.85p
Divichaser - 1p
A1 - 1.2p
helu 1.25p
Victor Blank 1.5p
bobf 2.2p
Pantherax 0.57

Click reply - copy/paste/add your guess

Thanks - I've been in a worse position since the start of Covid so things are getting better. I'm really looking forward to the dividend cap being lifted and hope that UK Banks make an effort to make-up for our cancelled dividends - I don't think the final dividends should ever have been cancelled but nothing we can do about that now.

If anyone wants to share their holding just copy and paste this message adding your holding
bobf......................................1,000,033 shares
Southcoasterbather..............15k pp
helu.......................................520,624 Shares
2Pacalypse…………………111,078 Shares
RickEngland.........................128000 Shares
Rock......................................1,000 Shares
Pantherax.............................500,000 Shares (Ave Price 57.56p - Down £62,247.06 today)

Thanks for posting that last link. I get all the ii news articles as they're my broker. But that last one was an interesting read - and certainly posts a positive outlook for Barclays.

My target price for Barclays is around £2.60 which is in the region of it's NAV. I do think there's resistance around £1.90 but we should get through that providing the PRA lifts the restrictions on UK Bank dividends. Barclays has had a record first quarter, remained profitable throughout the COVID crisis, is completely open for business; has a huge cushion to cover any bad debt due to being very conservative with their write-downs and has the highest level of excess capital that they have ever had.

At half year we will see an announcement about dividends and probably another share buyback. Jes Staley has been on Bloomberg today to confirm his commitment to returning excess capital to shareholders - although we might have to wait until next year to see a return to pre-COVID levels. I do think we'll get over the £2 mark this side of Christmas though.

It would be good if it closes over 50. It keeps flashing over it and dropping back again at the moment.

'So who's selling out at 50p certainly not me, this share has done well lately'
I won't be selling for a long time. My average is 56p. I'm looking for mid 80's.

I'm also with ii - and they always seem super quick in paying dividends. But I don't use the re-investment for the reason you mentioned in that it can take a couple of days for them to action. I'd rather pay the £3.99 and choose a time to trade (usually same day). This time I haven't - I'm thinking of leaving the cash there until the next dividend and then using that money elsewhere.

I've had my Sterling dividend paid (first thing this morning) but not my ADR US Dividend. When I've looked at Lloyds Financial Calendar (which hasn't declared the exchange rate yet) it says the US dividend will be paid on the 6th June. I'm just wondering if anyone know why they happen on different dates?

And chose* or chooses*
I can't remember which word I meant when I was typing on the basis that I shouldn't even be on my keyboard right now.

halve*

Apologies - I've had a few glasses of wine :-)

""The dividend per share would go up by 10 times if a 1 for 10 consolidation was done. Why wouldn’t it ?""
"LOL, oh please stop it my sides are aching, lol."

If a company choses to pay £1 Billion in dividends then that is split across the shareholders regardless of any consolidation or split of shares. If you have the amount of shares in circulation then the dividend would be double and the same is in reverse. Apologies if I've missed something - I'm just scrolling through posts and doing simple maths.