Member Info for SD235

Gwm121
A suggestion an income equity investment trust. Look for ones with decent dividend reserve.
Henderson far East income Trust trades on a staggering 7.14% dividend. You wouldn't find a uk one with that sort of dividend AND a little bit of share price growth. Only 15% over 5 years but a decent dividend will normally mean a negative share price over 5 years and fall in NAV as well. They will also trade at a discount. Henderson far East income Trust trades at a premium.
Not great choice for growth but good for dividends.
I noticed recently it had added a vinacapital Vietnam Opportunity Fund (an investment trust) to it's top 10 portfolio. Only pays a 2% dividend (out of capital) so possibly looking for some growth.
I bought on 8.3% dividend but didn't load up on them due to their holding in China.

Katenip note patyc choice of investments "I'm looking at LGEN and IMB to replace the 30k I had in Glaxo."
IMB HAS 8.3% dividend a product of a 6.14 p/e. Entirely due to it's ESG or lack of it. Once recognised legal and generals ESG will send its share price higher. The main thing holding it back is that its an insurance company. Who doesn't hate insurance companies?

Ratbags "you just don't care about the penguins and polar bears,, do you?"
Correct they are to big to fit into a sandwich.

cxs1
"It is 'too' much! ;)".....fascist!!

Ratbag
Wouldn't make me feel virtuous.
I am feeling ill thinking about it!

Katenip No. You are reading to much into share price fall. Specially in the case of legal and general. In the past share movement (up or down) didn't appear related to any news. And I don't believe that their esg/csr has negative effect on their share price. I think the opposite its very fashionable at the moment....very.

@MrMath " albeit with a likely dividend impact of just under 2%."
So you are suggesting a 2% increase in dividends?
"Dividend impact" ?
Either way I think I predicted 5.1% if its only 2%, then the share will fall a lot more than it would have done by going ex dividend.

Opps I have posted same info over and over again

@seen_it_done_it
@dubs
Direct lines dividend is 12%. It always pays a special which isn't included in the quoted dividend. See
https://www.hl.co.uk/shares/shares-search-results/d/direct-line-insurance-group-plc-ordinary/dividends

Obviously no guarantee it will continue but neither is the rest of the dividend.

@Guitarsolo I was talking about the ability to put pressure on the company IF they own it. There has been little publicity about legal and general selling up. The only reason we know about it is we are looking for it. Constantly voting against the management is more noticeably, as a Constant. Not a silly i am walking away from my responsibilities.
Anyway I have noticed a large increase in ESG interest. Even an investment trust specialise entirely in companies with excellent ESG credentials.
If they can get over the fact that legal and general is an insurance company there could be dramatic increase demand for there shares! IF and its a big if!!

@Guitarsolo You can't put pressure on companies if you don't own their shares.

I may sell day before ex dividend (final) and buy back after, Once there's decent fall i will do it if there's a decent rise before hand. Going by last time (only) i would be getting a better dividend long run. It will also give me a chance of putting the money into an isa. Decent fall and it will pay for the tax and give me a significant increase in the dividend. Bought 166 (I think). Do the same with the ones in my Sipp but set the limit order much lower, silly lower. My total holdings in legal and general is 13% of 20 shares, next is 8%. To much? Thats a question.

@Etotheipi
Mid crash??
Heading towards bottom of the market!

Murray International
https://citywire.co.uk/funds-insider/news/murray-internationals-runaway-premium-spells-trouble/a702574?section=funds-insider

@adv1
Very weird

@adv1
" just checked and when I first discovered SDV in Sept 2020, I bought in at 127p, and then topped up at 110p a month later. The stuff that dreams are made of."

That is well after the bottom of the market yet superb gain....greedy bugger!

Previous post not well explained.
My shares were down as having a share price gain 23.5%
Today showing as a 19% gain and the share price fall of 0.5%?
Assume the fall is based on starting price AND the starting price was below the below the finishing price.

Before opening i checked HHI up 23%. Down as fallen 0.5% but is showing that up 19%.
Am I right in thinking the change is because the fall is based on todays starting price not the previous days finishing price?

SDV is a split capital ZDPs redeem 30/04/2025.
132% gearing. I assume but don't know that all the gearing comes from the zeroes. So if you believe the market is going up then this is an obvious choice. HHI had 137% gearing when I bought in January. So you can see the benefits of gearing...when the markets are going up!

Henderson far East was close to the bottom of the market (26/03)
Might have bought more (emphasis on might) but main aim is avoid China as much as possible and nothing whatsoever in the "fangs". The latter is difficult the former is not. I was far from fully invested when crash came. I had in fact predicted it 3 years before.....not for the right reason!
Murray International I doubled up on the day 25/03. It had risen 5% in an hour 6.2% dividend up 38%. Its 5 year figure is 35%. Not a great investment trust in terms of share price growth bottom of the table to be precise. But nearly always trades at premium. At one time a 12% premium? Insufficient US share to keep up with the pack. The manager thinks the world will end tomorrow for developed countries due to government debt. He refers to quantitative easing as economic vandalism!! Definitely a diversefier!!
Again though HHI share price growth has been quite spectacular for a income equity trust over such a short period of time. Bought January.
Used a £30,000 equity release (received January) to buy 6 investment trusts. Total dividends £1385 (last year)interest £780 which I will pay. Leaving me with £600 worth of beer money. Sweeeet. Note £395 broker fee £650 plus vat my solicitors fees. So not really 2.36% interest.