Member Info for SD235

@Gavster-NBC
Up 17.5% on HFEL (Henderson far East??) I think I am on 8.3% dividend. Slightly better than the 5 year figure. Share price going no where in a hurry. Up 23.5% HHI. Considering the dates of purchase HHI is proving a beauty.

Bought in January (21) decided the market was going up up and away! Bought for the gearing and the dividend is a very nice bonus. Up 22%, considering it's only 5 months and way after the bottom of the market I am rather pleased with myself.... pity every other purchase isn't as good!!

@Thronegames
Very likely. Previous high was 324p, shares should really be trading close to that or even higher. As it came out of the pandemic with minimal disruption. Profits were by no means severely impacted.
The market is by no means logical but sooner or later the growth will be recognised.
Probably later!

@nicknaim
did some very basic research before buying legal and general, I Compared dividends with Aviva
Legal and general covered its dividends 1.7 times Aviva 1.2 times (except one year when it was 0.66) Which means legal and general were reinvesting 3.5 times more.
Hence legal and general did not cancel its dividends and aviva did. Furthermore aviva rebased its dividends 35% lower. Legal and general increased its dividends by 7% a year aviva was variable although generally higher, basically anything leftover.
Dodgy
It was obvious that they could not continue this.
Share price growth is negative over 2,3 and 5 years.
Legal and general is positive.
"Aviva shares rallied on Tuesday after activist investor Cevian Capital said it had built a 4.95% stake in the insurer and called on it to return £5bn to shareholders next year.
Cevian managing partner and co-founder Christer Gardell said: "Aviva has been poorly managed for many years, and its high-quality core businesses have been held back by high costs and a series of bad strategic decisions."

Looks like they maybe about to be less prudent than legal and general yet again.
Not for me.

I noticed aviva and direct line are also down more than the market

The share price has gone down for no reason in the past. A couple of times I have seen it loose 50p or more with nothing in RNS. Once the trend starts from a high, momentum kicks in as people start to take profits. This behaviour will probably break in the future. Previous high was 324p . Theoretically it should go higher before dropping back. All the latter is based on my purchase in 2018 and subsequent share price behaviour. So don't blame me if I am wrong!!
You can see the 2 examples i refer to in the hl 5 year price
G
ttps://online.hl.co.uk/my-accounts/security_details/sedol/0560399

With special dividend last year amounted 12.8%
https://www.hl.co.uk/shares/shares-search-results/d/direct-line-insurance-group-plc-ordinary/dividends

@dubs
Re
"Hello all. Chuffed to bits with the dividend payment today! Could any of you guys recommend a similar pretty (seemingly) solid company like this one? (Albeit a taboo question apparently) cheers all"

The headline dividend for direct line is 7.3% BUT they pay special virtually every year.

Sorry can't see how to edit last post. Meant to say keep me company!

PS is that all I would get . A 100 day cruise for £30,000.
I would expect at least 2 years and a nice young lady to keep me happy.

They are not going to check. They are not going to ask you to supply receipts etc.

MP0818
I had exactly the same problem. The firm i went to has brokers in various parts of the country each has his area. But because of covid they didn't come out just did it over the phone. The first one i spoke to said no when I said I was going to invest in the stockmarket. Okay to give it away to family, spend it all on a once in a lifetime holiday or a new car but not to invest it. So I rung a different one in same firm said I was going to have an extension and give some to daughters. Any lie that meets there criteria. They are not going to check.
Anyway broker wanted £995, if I had gone direct (Scottish Widows) it would have been £650 but they give that £650 to the broker who passes £600 onto you to help with your solicitors fees. Solicitors fees £650 plus VAT. PS said he would give me £200 marks and Spencers vouchers if I got any customers!!

@oilmanmike
Where are you?
Off "ramping up" some other shares!!!

From hl

That is correct, although Diversified Energy Company plc is listed on the London Stock Exchange, it is still a US company and so if held within a Stocks & Shares ISA or Fund & Share account, with a valid W8-BEN form, there would be 15% withholing tax.
Whereas, if held within a pension wrapper (SIPP) with a valid W8-BEN form, no withholding tax is applied.

@robleo
Do you have any interest in investment trusts?
Henderson far East income 7.1% dividend. No UK equity trusts with that sort of dividend. In fact any UK income bias investment trust trading now with income of 5.5% would almost certainly be a dog. My definition of dog is negative share price growth over 5 years. Henderson far East is up 13% over 5 years. Spectacular if you consider the dividends. Personally I am on 8.3 dividend and slightly higher share price growth (bought in crash) Generally trades on a small premium. There are others if you are interested.

Just reread that state pension at this point in time is £179 + £117. That comes to £15,392

@robelo I get my state pension in 17 months. I have a income of £117 which I will never have to pay tax on (DLA and war pension neither is taxable). If I was to retire today that would be equal to £15,392. This would be very easy for me to live on.
I have £146,000 invested in the stock market £30,000 of which comes from a equity release on my house at 2.36%. My intentions are to pay the interest. £780 interest. Bought 6 investments trusts paying £1385 in dividends. All cost for the equity release amounted £1195 so not really 2.36%. Borrowed January this year.

I have insufficient cash to make it to retirement without taking some of the dividends. This is because a compensation claim which appeared to be all sorted suddenly changed to your getting nothing? Anyway court case September. So should have enough to keep reinvesting dividends.
My plan is to have sufficient money should i decided to move to be near my daughters. It is much more expensive there. I will take out another equity release to buy the property.
The older you are the more you get and the LTV also comes into it. Now obviously I have no idea what interest rates will be when/if I decide to move. But taking into account what the dividends are that I am receiving it would be stupid to sell shares to move. Unless interest rates are significantly higher than what they are today.
I am talking about dividends of 6.5, 7.2, 8.3% and of course 10.5%ish on legal and general. I could easily pay the interest if I decide to. The £30,000 i borrowed would be equal to £50,000 in 21 years time if I didn't pay the interest It would be difficult for most investment trusts not to outgrow the debt in that time span.

@robelo

The ones bought at 267.5p are in s sipp
The 166p are in an ordinary share account could do with moving them to an ISA. Dividend is to good to loose. The ones in the sipp I may sell and put money into UK smaller companies investment trusts. It's time for them to go forth and multiple!!

@Robina
"especially if buying the troughs." And no shortage of them!

PS 13% of my 20 share holdings. Nearest 8%. Possibly to much but low risk?