Member Info for Reader61

Any idea when and frequency, eg quarterly?

I maintain, it's in the share price (jumped from £5-6 range to £8+ range) but I suspect not the bottom line, hence it's inflated on the promise. Defence spending takes a long time to come through so I asked the question in case wiser heads than mine know if anything may be contained therein at half year?

Any clues as to what these may bring? The optimism on increased orders from military spending is in the SP which is considerably inflated. Deservedly I suspect but has the bottom line seen anything yet, too soon to call?

I'm wondering whether to halve my holding to hedge the bet and park the funds in a higher yield stock. Decisions decisions but won't do anything until these results are out as I'm hoping there is some gold in them.

All depends upon the strength and experience of the management team/board. There will be either far more profit or far more debts depending upon the success of what they invest the released funds in. L&G so far have been excellent in this regard, others like Prudential maybe not so?

I've also looked into this, the ringfencing does protect except from fraud, eg if the ringfencing is deliberately circumvented. In that case you do get the FSCS £85K I believe but holdings beyond that are exposed. Furthermore, in a few, thankfully rare cases, if the broker is bust and there are serious administration costs to the liquidator they can dip into your funds to recoup these, you are in effect paying the liquidation costs.
The US is far better, share folio's are treated much more reverentially than the UK. For a start there is $500,000 protection from the SEC, also I don't think the Gov would dare instruct companies to stop paying dividends as the FSA did over here during covid. I think the system is far more geared to investors rights than ours, they expect returns from their companies and they don't stitch them up with windfall taxes to make them less competitive.

Absolutely not, it is a Capital return, not a dividend, thus comes under CGT rules outside of an ISA.
Evidently there will be a worked example of tax treatment on the website once the scheme has taken effect.
As the event takes place in Fy22/23 tax year, I suspect we need to declare in that years return but I'm not entirely certain?

Must say I'm also suspicious it is an excercise to improve director returns - isn't it always!

How are the underlying finances is the question? RR has not been in a good economic zone for several years and must be suffering immensely as a result of all the market crises. Now we have a cost of living crisis which means the economy will slow as people pull back on expenditure, flying being one of those.
At some point, won't something have to give or might increased spending on defence save the bacon?

Halifax run/own IWeb who are usually good on paying divvies but this time round were over a day behind. When I queried it they stated they had not received the payment however it then appeared as if by magic about an hour later. Lloyds group is structured for broking as brands, order of cost and service being, Lloyds, Halifax, IWeb. I would have expected a laid back approach from iWeb but better from HFX on that cost basis.

Well it looks like the £53 prediction is coming to pass!

Divvy is finally in from iWeb!! Perhaps my rant on their chat service did the trick - told them they look bad compared to other brokers and asked her to escalate to her managers. If enough customers do the same they get the point eventually.

Right, now do I plough it back in or wait for the £53 prediction mooted on this board?

Sorry that rushed last post was a comment on HL paying RIO dividend.

Received RIO from, certainly not fast but still better than iWeb who have still not paid.

iWeb still not showing the RIO divvy today. They claim they have not received it from the company and have 5 days before they chase it up. Told them it looks bad.

Ditto

Factor may be affordability, new homes are a premium to second hand and times are getting very tight for all of us except the richest. On the plus side the market is exceptionally short of available properties, new homes cost less to run and developers do finance deals that banks may not.

Phew, I feel like i've just been in the time tunnel and back at school in the maths lesson!
Never was my strong point but thanks for all the info.
I think there are several on here it may affect because AV is not our only holding and it's difficult to get everything into ISA through the £20K pipe when you've had a pension or annuity mature. £12,300 whilst very useful is also not much of a gain for active or even passive traders across a broad folio.

Thus the info provided by Trotsky, Mr Math etc is gratefully received.

Is BT committed to paying twice yearly dividends now and any idea what the yield may be?

If that was the case I'd expect them to not pay or claw back the enormous bonuses paid to staff then!

How do you handle this from a tax perspective? Both CGT and dividend tax wise I mean.

Why is the divi being readjusted in 2024 as per HL's comment:-

The group intends to offer an 81p dividend for the full year, which will be adjusted upward for inflation. This will be reset to 60p in 2024/25 with 5% increases in the following two years.