Member Info for patxd

When you have inflation at10% all you can say is that historically Prefs should be much cheaper but in the past % rates were much higher with this sort of inflation but now we are unsure how far the central banks will allow rate rises to avoid deep recession. So at the moment uncertainty as to the value of Prefs. There may be not be much more downside due to good yield in good companies but as said it will depend on inflation trend and central bank decisions at the moment this is affecting sentiment with some selling and some averaging in!

Assuming no global recession otherwise divi yield not special since 85p not so long ago!

If not called in 2024 could they go below ‘par’ below the issue price of 100p?

Amazed they are still solvent fuel costs keeping the ships and trying to cover variable costs -reduced demand with fewer passengers.!

Yield on these stingy but well covered all you can say but does not encourage buying

All depends upon whether or not we get a nuclear war and are bombed out?

JIM like turnover if market going up or down not important the more transactions the better

One you can despair of sometimes but it’s been around a long time and pays good yield from interesting portfolio

Think they were over ramped up recently. Looking better when the divi covered by earnings

Fundamentals look weak to me in rising interest environment. Seem to have cash for buy backs as long as can keep it up and pay the divi as well. But was tempted to give it a look and walk away

Would be nice a few at 3.50 or less . Have few but want a few more!

But what are the divis paid from if more than earnings?

Hope not prefer to have our dividends not other countries bleeding us of income

Lloyds was once a good bank to hold shares in for dividends. Think it will be a long time if ever for it to be worth the opportunity cost of keeping cash in LlOY shares sorry to say. Maybe to trade if you have the time to be bothered with it.

Wondering how many will get into debt and will be bailed out by those who do pay picking up the bill including from their fund non Centrica defaulters?

Despite higher living costs still need Insurance for a vehicle by law and insuring a home essential. Nationwide stopping their free European travel for flexaccount users and advising to use DLG so May pick up more clients from them

XD But this year with a European War and uncertainties about should be plenty of time for bottom fishing before run up to next divi?

Would be nice to add to stocks like this and when in the Gulf Spill they did drop to around 130 that was an opportunity. However when they are still high like this you do depend upon % rates staying very low because there is quite a bit of potential capital loss if they don’t. Having said if you need the income for day care home fees and don’t care about or have nobody to leave money to they are an option amongst others

Jolson Christopher Head Director was selling these T around 600p well before the 4-1 split that’s about 150p post split. Cannot see any big reason for that SP to retrace that far and 6% divi is a good yield to hold

Lloyds and Nationwide the chav banks now where queue at ATM for benefit.