Dividends

StevieJ

hodd wrote: »

Thanks StevieJ. I edited to add the Payment Date. I'm still unsure if I need to take any action, though, or should I automatically receive the payment?

With H&L they may add it to your account and you may have to write them a letter, I am not sure as I only have funds with them.

chris_m

Should just come through automatically - at least BP will pay your share account what is due, whether it remains there or is paid out to you will depend on the arrangements you have with the share account provider.
For example, I have no specific arrangements with X-O for handling divi's so a few I've had recently have simply been added to the cash value of my X-O account within a day or so of the payment date. Caught me out on one where I didn't know a divi was due and I couldn't work out where I'd mucked up my records so they didn't match the X-O statement ;-)

cheerfulcat

hodd wrote: »

Thanks StevieJ. I edited to add the Payment Date. I'm still unsure if I need to take any action, though, or should I automatically receive the payment?

You'll receive the dividend automatically. The default option is that it goes into the cash section of your Vantage account but you can change this - they will pay it to your nominated bank account if you prefer.

sabretoothtigger

I already got the BP dividend, it was 4.35 per one hundred shares owned on 9th Feb

Biggest share I hold is not officially a uk listed company exactly so it wont be on that list. It is one of the largest companies to operate here, which is Santander. Yield still works out about 10% I think. BNC is the symbol

Also own BAE. High yield because it never really rises, PE shows as high but such a company will have a long turn around time even if it was recovering


High dividend would come from a company with lots of cashflow and no need to reinvest it or possibly something undervalued and unpopular but successful regardless



Here is a list of largest uk tradable companies including the unofficial unlisted ones you dont normally see -
http://stockchallenge.co.uk/ftse.php



Someone discussing Tesco -

One of the forgotten helpful old sayings is not to look a gift horse in the mouth. Tesco, which I have not felt the urge to buy at any stage over the last year, now looks a bit of an equity gift horse. Nevertheless, I shall open its jaws and inspect the teeth.

The first thing I note is that the shares, at 405.5p, are 3.6% down in value in just over a year and they have significantly underperformed the FTSE 100 and 250, as well as Sainsbury shares. Why this poor absolute and relative performance? In the 13 January 2011 trading statement, group sales were reported to be up by 7.6% despite an unduly white Christmas in the UK - the kind of white Christmas that Bing Crosby was probably crooning about over the baked beans on the shelf of some Tesco store near you. International sales were up 14.2% with Asian sales rising by 24%; Euro sales by 5.6% (9% if the Sterling/Euro exchange rate had remained constant) and by 36.9% in the US where Fresh N'Easy was reported as trading well. So what sort of key figures might we expect to see when this year's results are published in Spring?

Robert_Sutherland-Smith wrote:

Earnings per share this year are estimated to rise by a below average, sub normal 2% - that contrasts to the annual compound of 11.8% in earnings growth between 2006 and 2010. For the company year about to start this month, earnings per share are estimated to move ahead by 12% and then by a further 12% in the following year to February 2013. In other words, Tesco is about to return to its recent historic compound growth rate in company earnings. So one may now at 405.5p, buy the shares on forward estimated price to earnings ratios of 11 times for 2011 and an estimated 10 times for 2012.

Last year's dividend payout of 3.1% looks set to be raised by an estimate of 9.6% for this year, 9.0% next year and 11.0% for the year after next. That means forward forecast dividend yields of 3.4% for this year; 3.7% for the year thereafter and 4.1% for the year to February 2013 - just over twenty five months ahead. Tesco shares have been neglected and my guess is that big savings institutions will soon be attracted back to them on these kind of valuation numbers. I might add that the equity sells at 6.8 times last year's operating cash flow and that the company has plenty of opportunity overseas to keep growing. Increasingly, Tesco is a business about shopping in foreign climes as well as the UK. If the share price moves up from here in line with estimated dividend growth, then the shares could possibly rise 32% to 534p. Add in those estimated anticipated dividends and the return rises to 574p; a total return of an estimated 41%. If I have my sense of occasion right (always important) this will be a further demonstration of the value of equity investing even in a large mature stock like Tesco in a mature economy like that of the UK. At 405.5p good value and a buy.

JamesU

Pocketsaver wrote: »

Is there a list that displays which companies pay dividends and what you need to qualify for them?

The "topyields" data in the link previously posted is not reliable any more.

As TT mentioned, IPR is incorrect and the next one on the list, SSE is around 5.93% at present and not 8.69%.

The link below is a better source of accurate dividend yields and ex dividend dates for UK and International shares.

http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?csi=50058&action=constituents&username=&ac=

Just click on the "dividend yield" black title in the opened link to put them into ascending or descending order of dividend yield. And click on individual company, and then scroll down to find ex-dividend dates and amount of dividend that will be paid for the share.


JamesU
[FONT=&quot]
[/FONT]

soulsaver

sabretoothtigger wrote: »

I already got the BP dividend, it was 4.35 per one hundred shares owned on 9th Feb

Pay date is 28/03/11, so do tell: How come you've got yours?

Blobby8_2

soulsaver wrote: »

Pay date is 28/03/11, so do tell: How come you've got yours?

And its paid in US cents so how do you know the conversion factor ?

I checked and there is nothing showing for my holding in BP

sabretoothtigger

I was just stating roughly what it will come to I think

I guess the conversion will depend on the dollar exchange rate for end of March which could go either way.
I sold my BP shares just before they announced they would pay a dividend again, then the price fell and I rebought a few via a spreadbet account which isnt real ownership but does sometimes give some kick back on dividends

So I'd be interested to hear if the real payout is that much different to what I got. I heard 4.4p a share called out as roughly what it is after converting from cents but Im not sure if the government then takes 10% of that

sabretoothtigger

Spotted this article with a couple lists of possible candidates. I own Tesco so good to see them - seems they are vertically challenged, they havent risen so might add some even.


Vodafone is the biggest company there. I looked at buying them when they were 110p 120 and even 130. Dont think I could bring myself to buy now even if I should, too much regret on waiting this long.
I have been considering a small ftse tracker at some point this year though, where is the next Greece


http://www.fool.co.uk/news/investing/2011/02/08/dividend-heroes-that-keep-on-delivering.aspx

Ifts

BP dividend payable in cash on 28 March 2011 will be: 4.3372 pence per share