Member Info for robleo

Sorry Dan, i think you have misunderstood me, i think Vodafone are doing everything right at the moment, by reducing costs and buying back shares mostly at a very low price, they seem to have restored confidence in this share and i don't see any reason why £1.50 can be seen here, in fact i may even buy some back if i like the trading statement, the only thing i said specifically about Vodafone is i think they will eventually increase their dividend as the share price increases and growth slows down, as for me selling too early it wouldn't have been a bad idea to hold on, but i have no problem with that, it's no big deal as it's been a very good 12 months for most of my shares, m&g i bought last April when trump started his trade war, i'm now 61% up on capital and bagged a dividend yield of over 10% also most of my other shares have been doing well with just a couple lagging behind, i am sitting on cash in my hl account at the moment, as most of the shares i'm holding or have on my watch list seem to be too highly priced for adding, so i may have to wait until after they go exdiv

Fleccy, you can't beat a good dividend stock, even better though if you can get a good dividend and growth, as we all know the ftse has been hovering around an all time high and the last year has been has been very good for most UK shares, but how long will it all hold up? I've seen so many times especially with high growth US tech funds, whenever something bad happens they come tumbling down again, UK shares also drop down, but one good thing about dividend shares is they can't take back the dividends they have already paid out, Vodafone is in growth mode at the moment, but at some point when the growth slows down i expect they will have to increase their dividend to retain investors

Snakeey, also if your holding, each time the dividend is increased so will your yield

BOL

Thanks Soton, if your with hl I also like fidelity enhanced income fund

Hello Soton mate, i'm trying to buy more income stocks now I've retired, have also sold down a few of my us funds and swapped them for more higher yield more UK based funds or trusts, trouble is most of the shares i want to add to are too highly priced right now, so will probably wait until they go exdiv

best of luck all, this is bouncing back again slowly

Hi soton, not really clear, the dividend per share is the same no matter what you pay for the share, it's just the yield that changes

Hello Dan, nice to see you haven't lost your sense of humour lol, yes i am out of Vodafone, but i might be back sometime if the time is right, coming on this board today made me feel i was back in work in the mental hospital wink wink, best of luck Amigo and be happy

Skier, thanks for pointing that out, hl have reduced their trading and holding charges and they do pay interest on cash held on account, so that does lower the charges a bit

Thanks roofer, I will look into that, hl are very expensive, I also have a trading 212 shares isa I sometimes use for doing some small trades, charges are only a couple of pound a trade, but wouldn't want to put my sipp with 212

Dan, its very easy for you to switch brokers with just one share, i have seven shares and 6 funds in a hl sip drawdown and a few more in an isa, have any of you guys moved a sip to another provider, and if so,do you have to sell down all of your holdings or can they move them all over

cheers

Vodafone is making good gains lately

Sam, I sold off my aviva shares some time back, bought them in the 3.80s and sold most of them in the 650s sounds good, but I'm no longer getting the good dividend yield from them, and I don't think I will get a chance to rebuy them in the 380s ever again, it's all a bit of a gamble sometimes

Well that depends on the reasons why a share price is dropping or not rising in comparison with it's competitors, the share price is usually a good indication of how well a company is doing, if the share price is dropping because of reduced profits, then you have to question whether the dividend is sustainable, just talking in general here I have no concerns about lgen and it's my largest holding, this is usually a cyclical share so you do get oppurtunity so to add when it's down, this does seem to have underperformed last year compared to the likes of mng, but hopefully this will be a good year for lgen

Hardup, if it keeps dropping the way it has been, we might see that 65.15p, not sure they will stay pay the 15.9% dividend though lol

I have to admit selling and taking the profit is very tempting, but I don't think I will ever get a chance to buy this back in the 1.80's again as I did last April with a yield over 10%, and as I've recently retired it's a very good income stock along with a few others like lgen, and if it drops back a lot after exdiv I will add some more, but good luck to those who are taking the profit

The dividend is quite low compared to lgen and phnx, i don't see any reason why it would get cut, after buy more at £6,20 i have now reduced my personal yield here to 8'1% and i wouldn't want to see it lowered anymore, so the sp would have to drop a lot more for me to buy anymore, hopefully we will get a bounce back next week

It's a bit soon to start panicking, let's see what next week brings, exdiv not that far away now

Licker, a low price high yield is good if your wanting to buy, but if you have already filled your boots, you just want it to go up and up

I think most people realise this is an income stock not a growth stock, but you don't want to get a £1000 in dividends and lose £1500 in your capital

Just added, was very light with this one, if it should drop below £6 may add some more

Thanks Crossley, to be fair with the capital appreciation we've had this year I would be more than happy with that

Crossley, I know lgen stated they were increasing by 2%each year, but I wasn't aware mng were doing the same, maybe someone can clarify this