Member Info for Thronegames

Apologies. Krusty , I stand corrected on the record date. It's after the ex div date. But the point is that what is checked for on that date is the shareholders on the register o the day before the ex div date. I believe I'm correct in the rest of my post but I'm open to further correction if anyone wants to do so. Anything I have said is my opinion; I'm no investment guru! All the best!

Wiscos, I've had PSN only for the last 6 months or so. I'm just pointing out my capital loss leaving divis aside. Of course they should be accounted for.

CSDI. Your "first target of £25"; how did you arrive at that number....as opposed to £20 for example? We could be underwater here for years. I admire your ability to hold your breath! I'm about 10% down at the moment but not taking into account dividends.. It could be a year by the time I break even. What's your timescale for your target? What's your rationale? I have to say that PSN is my lowest conviction holding of all my UK shares.

TheTrotsky. Have you ever considered rolling the snowball and forgetting about it for a while instead of trading?

I can't believe the confusion being generated here about ex dividend date. I have held this share for the last 18 months and have collected all the dividends. TOMORROW is ex div date; today is the 'record' date. If you are on the record as a holder of the shares today, you will receive the dividend, even if you sell today. If you sell tomorrow, you will still get the dividend because you are on the record as a holder today.. If you buy extra shares tomorrow, you will not get the last dividend on the bought shares!. As for selling or buying 'early in the morning' tomorrow, that makes no difference. I hold a number of other dividend paying shares and DivendMax site gives up to date info. Go to the top right, click on the search button and enter the name of the company or ticker symbol = 'IMB'. Best of luck all!

Tomorrow is ex div day. In my experience and observations this does not work when the SP trend is upwards, which it has been over the last year. I could be wrong on this occasion and it may fall my more than the divi amount tomorrow. I personally would not take the risk.

I had Exxon for a while. Got annoyed with the 30% tax. on dividends.My fault. Withholding tax is a significant consideration. I will stay with Rio for a year or so; no tax on dividends.

Hey Jing, I nearly sold 2/3 of my holding yesterday at 1700 with a view to buying back at 1600. It was a close call. Mind you nobody can rule out 1600 in the future. I think today's results and price action indicate a fundamental change in perception re this share. It's had a terrible 5 year run, but has bottomed out and the last year or so has been a great time to hold.

BigBad: Have a look at DividendMax site. Provides great info.

...may be negative. We already know of the minimal Russia impact and we know about FDA action on new NGP's such as blu. If there is any further slightly negative news, there may be a SP drop. So I was tempted today to sell at 1700 and buy back tomorrow at 16.50 ish. But when I looked at stamp duty and trading costs each way, the riisk didn't seem to be worth it, given the proximity of the next ex d date. We could see 15.50 or 18.50 by the end of the week. As I don't need to sell for another 5 years or so, I'll hang on and take the dividends. Looking at the SP performance over the last 5 years or so, the SP has been steady over the last year and a half and well supported at 1600. There is a risk also of staying with the share as tomorrow's RNS could send it in either direction.

Well, I read here some time ago that a U.S. listing was imminent. How soon? How will that affect the share price in London? Asking for opinions.

Roofer and Sigma, would you share your respective predictions for the SP over the next few months. How can charts work when the outcome of the war is uncertain and other other global macroeconomic factors are in play? I'm curious as to what the charts predict.

In addition to changing my strategy recently from tech /growth domination of my portfolio to dividend paying shares, I have decided just now that I need to have about 10% cash in order to buy opportunities when shares are over-sold like this. Problem is that in order to maintain 10% cash AND achieve the above, I would need to trade rather than invest. I am averse to frequent trading. Perhaps it's a matter of balance between trading and staying invested. Maybe I need a trading algorithm!

Well done eccles. Why the 3%+ jump today? I don't know. Has Shanghai stopped sneezing? Naw, I'll hold RIO and reinvest my divis somewhere else. Maybe IMB or LGEN.

Naw I have scrip dividends only paid in my Davy account in Ireland whereas Stocktrade in the UK absorb dividends in cash only. The latter is a pain in the donkey because I have to pay fees and stamp duty to buy more shares from my cash dividend.

My understanding is that for 'dividend reinvestment', the answers below are correct; i.e. the cash dividend is used to buy more shares after it has been paid out.
However there is a big difference with 'scrip dividend' where the dividend is paid in shares, not cash and the value of the shares is determined by the SP on the ex dividend date. Or so I have been advised on another message board. Can someone confirm or correct me if I'm wrong?

Tn Jacobs. My pennyworth is that commodity prices are driven by perceived future demand rather than the actual dynamics of demand and supply. In particular, perception of Chinese economy, China being the big driver. I'm very cynical about applying actual economics of supply and demand to commodity prices. Oil price is a good example. Just my observations.

I think I will sell half tomorrow. Better late than never. Then buy back at a lower price! Great value now though.

robleo I would genuinely have added here today but no funds available yet! Seems to have bottomed but you never can tell.

Fair assessment. I'm down 15% on my capital in DLG since I bought in Jan. What saves me though is that I'm up 5 to 10% or so on my other high yielders, DEC, LGEN, IMB. RIO. I also took a haircut on PSN. Diversity is inportant. I have not taken dividends into account here, just capital gain / loss.