Member Info for Realist1

Well, that was quite a week. Maybe it should stay this way for those that want to reinvest their dividends and B share redemption.

07 April was the ex-dividend date for the usual dividend. 16 May is the date for the special-consolidation payment of 101.69 pence.

You will find all the dividend information available here:

https://www.dividenddata.co.uk/ex-dividend-date-search.py?searchTerm=AV.

Why buy at all? If you put £1000 into this investment 5 years ago, with dividends and given the current share price, you would be £11.48 in profit.

Even if the broker ratings on this site are anything near correct, with current dividends, this has to be one of the best buys around.

Fromage is absolutely correct. There is better value elsewhere. More often than not, with share consolidation, the share price falls back to its pre-consolidation value so we will be at around the same price this time next year.

$0.0546 (4.1595 pence) per share payable on 25th March. Ex-dividend date 17th February.

This is what it says about dividends versus growth in the Chairman's statement on Page 7 of the 2021 annual report:

'In recent years, however, the policy has provided a high dividend yield, currently 7% plus, when combined with the capital performance has resulted in an overall outcome that has lagged our competitors whose yields are substantially lower. Our current process locks us into the value sector of the market that is not popular at present as most investors have preferred growth to income. The debate about value versus growth has been going on for a very long time. Sometimes value is preferred, sometimes growth. Rotation between these two styles will continue. When value return to favour, our capital performance should improve. Our Fund Managers will do all they can to improve our capital performance., but the Board has directed them not to lose sight of our dividend growth preference'.

Spights, You can also read the article here:

https://money.usnews.com/investing/news/articles/2022-03-09/for-bps-ceo-russian-exit-eased-by-reservations-about-rosneft-stake#:~:text=Bernard%20Looney%20made%20it%20clear,had%20about%20the%20Rosneft%20stake.

Compared to the drop in the so-called super funds like SMT, this fund has held up well. I can only assume that SMT rose so fast by becoming a proxy for all of the Tesla hype. I still say if you play the long game with HFEL and reinvest the dividends, this fund will turn out to be one of the better buys on the quiet.

And the share price goes up due to consolidation and within a year we will be sitting with a reduced number of shares that have fallen back to around £4 again.

Well, I was starting to get disillusioned with HFEL but considering what is going on out there, it is holding up quite well. I hope I have not spoke too soon.

Bottoming out. 350p next upper resistance point in the autumn.

I also sold out . For me, it was a bit of a stretch marketing this as a dividend fund when the divi went as low as it did. Even Investment trusts such as CTY managed a better payment. I moved into VUKE where the divi is not that much less at the moment and, apart from being a safe investment, it is volatile so I can make on the swings. Still, good luck to those who hold and I hope your patience is rewarded.

Exactly. BP is a well managed company and, given the current World situation along with a company in transition, I cannot help but think that this is a share to stash away for better days to come and in the meantime, keep reinvesting the dividends. Just my opinion but good luck to all.

Sorry, a mistake below. They say BUY at 322.36.

British Bulls says BUY at 332.36. I would settle for half of the 24p for a stronger share price. Let's see how right they are:

https://www.britishbulls.com/SignalPage.aspx?lang=en&Ticker=AV.L

I think the good news is that at least £3 is now looking like the lower resistance point rather than the upper resistance point which it has been all year. Let's hope this continues. A good Santa Claus rally should take this to a respectable price given the currrent times.

Well, the percentage increase for AV. today was more than double the FTSE100 percentage increase so let us hope our patience will be rewarded.

I think it says a lot about the state of the UK economy and the rubbish FTSE100. Apple alone is only marginally below the capital value of all of the companies in the FTSE100 and is about to overtake. If I look at a comparison chart, I see av. historically moving more or less in line with the FTSE100 and other financial stocks forgetting the day to day gyrations.