Search found 332 matches

by funduffer
November 15th, 2019, 2:45 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: National Grid Interims
Replies: 16
Views: 926

Re: National Grid Interims

The political risk, because these people have pledged themselves to the EU corporatocracy and can't therefore just reallocate things via parliament, is that your shares will be swapped for Gilts at market price. Anything else would be struck down as illegal by the Courts using EU higher law. I thin...
by funduffer
November 13th, 2019, 6:37 pm
Forum: High Yield Shares & Strategies - general
Topic: Dividend Yield on FTSE 100
Replies: 54
Views: 1732

Re: Dividend Yield on FTSE 100

Not sure of your point, alaric, but HYP proponents usually aim for around 1.5x FTSE 100 yield at portfolio level. Those with income IT portfolios may aim a little lower than this. FTSE 100 yield is a good benchmark for any UK income strategy, because as you say, you can achieve it by just buying a t...
by funduffer
November 13th, 2019, 6:30 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: GFRD sale of housing business
Replies: 3
Views: 691

Re: GFRD sale of housing business

I have been trying to exit the construction sector ever since the demise of Carillion. The sale of GFRD’s profitable housing business to Bovis gives me the opportunity to take my new Bovis shares, and top them up by selling my remaining stake in GFRD. Nice way to swap the dodgy construction sector f...
by funduffer
November 13th, 2019, 6:26 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: SSE Interims
Replies: 22
Views: 893

Re: SSE Interims

Dividend cut. Oh dear.

Hang on, don’t we get a return of capital from the sale of the retail business to OVO?

If so, when?

FD
by funduffer
November 13th, 2019, 6:23 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Vodafone Half Yearly Report
Replies: 53
Views: 1551

Re: Vodafone Half Yearly Report

For me, VOD is hold, hold, hold.

.....but not buy, buy, buy because it is a cutter.

......nor top up, top up, top up for the same reason.

HYP - simples!

FD
by funduffer
November 13th, 2019, 6:12 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 19
Replies: 7
Views: 930

Re: HYP1 is 19

I agree, very impressive. I also have a non-payer in my HYP (Capita), and, although I don’t usually tinker, I was intending to ditch it. Switching M&B to Marstons in HYP1 would boost income next year, and I would have thought ditching a non-payer was justified, even for a nominal non-tinker HYP....
by funduffer
November 12th, 2019, 8:19 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Vodafone Half Yearly Report
Replies: 53
Views: 1551

Re: Vodafone Half Yearly Report

For 2008 read 2018, and 2009 read 2019...

Finger trouble so early in the morning!
by funduffer
November 12th, 2019, 8:17 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Vodafone Half Yearly Report
Replies: 53
Views: 1551

Re: Vodafone Half Yearly Report

So we had a ~60% cut in the final dividend (paid in August 2019), but the next interim dividend has almost been held, and is larger than the last final! Final Aug 2008:10.23 euro cents Interim Feb 2009: 4.84 euro cents Final Aug 2019: 4.16 euro cents (59% cut) Interim Feb 2020: 4.5 euro cents Strang...
by funduffer
October 30th, 2019, 7:00 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: jjberanek's HYP -- comments invited
Replies: 5
Views: 790

Re: jjberanek's HYP -- comments invited

For your information, below is some information on my personal HYP. All dividends are currently reinvested, but I intend to start withdrawing all or some of them when my wife and I retire in about 2 years. % of total / Company 2.5% Imperial Brands 4.9% Persimmon 2.2% BT 4.7% Standard Life Aberdeen ...
by funduffer
October 18th, 2019, 9:43 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Jumping off the Stagecoach (SGC)
Replies: 12
Views: 1589

Re: Jumping off the Stagecoach (SGC)

I too bought SGC in 2016 at £2 with the intention to diversify my HYP and with a forecast yield of 5.8%, it seemed like a good buy at the time. Since then it has turned into a problem. From the HYP point of view, there was a dividend cut of roughly a third in 2018, so it is no longer a HYP option fo...
by funduffer
October 17th, 2019, 8:54 am
Forum: High Yield Shares & Strategies - general
Topic: Single-strategy income-investing vs multi-strategy investing
Replies: 35
Views: 2586

Re: Single-strategy income-investing vs multi-strategy investing

IAAG, thanks for starting this thread - very interesting. I run what I would describe a 3 separate investment portfolios (which I think are strategies in the context of this thread). 1. Passive investments, aimed at total return 2. A HYP which generates income 3. IT's that largely generate income, a...
by funduffer
October 16th, 2019, 4:41 pm
Forum: Investment Trusts and Unit Trusts
Topic: Woodford Equity Income Fund Suspends Trading
Replies: 221
Views: 20975

Re: Woodford Equity Income Fund Suspends Trading

My opinion is that high return corresponds with high risk, furthermore the picks were well off the efficient frontier, and in an area he was unfamiliar with, and high fees were being charged. Provided the taxpayer does not step in to pick up the bill then hopefully it is a salutary lesson for the g...
by funduffer
October 16th, 2019, 8:20 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: A quiet board.
Replies: 45
Views: 2777

Re: A quiet board.

5 Years a HYPer, and I have gone quiet - not that I post very often. I have hoarded 5% cash in received dividends and plan to re-invest this after 31st October, assuming we get some clarity on the 'B' word. On the other hand, I may blow it on a trip abroad somewhere! New HYP company ideas would be g...
by funduffer
September 15th, 2019, 9:19 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: IanTHughes HYP – Into Year Eight
Replies: 51
Views: 3348

Re: IanTHughes HYP – Into Year Eight

Ian, A very well presented summary. I note, that like my own HYP, the dividend unit value has declined relative to the FTSE since 2016. I think this has been a feature of most HYP-like shares, as they have gone out of fashion. (I am not sure what happened in 2016 to trigger this. I can't see why a c...
by funduffer
September 13th, 2019, 8:44 am
Forum: Investment Trusts and Unit Trusts
Topic: Scottish American - SCAM is changing to SAIN
Replies: 5
Views: 3047

Re: Scottish American - SCAM is changing to SAIN

LoL!

When I first bought SAINTS for my portfolio, I initially thought it was a bit of a SCAM, but in retrospect my choice was quite SAIN.

FD
by funduffer
September 9th, 2019, 8:19 am
Forum: Company Share news (LSE Main Market)
Topic: Lloyds (LLOY)
Replies: 46
Views: 3658

Re: Lloyds (LLOY)

The good news from a HYP point of view is LLOY intend to target a

a progressive and sustainable ordinary dividend


I never care much for share buy-backs, so despite this not being good news, I am happy with the response.

FD
by funduffer
August 26th, 2019, 8:18 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Arb HYP cap variation
Replies: 17
Views: 1380

Re: Arb HYP cap variation

Arb, I have a similar chart running from Feb 2014 (my HYP start day), comparing the rebased capital value of my HYP, my income IT's and the FTSE AS index. The 3 curves follow each other quite closely until mid-2016, when the HYP loses value relative to the FTSE AS and IT's. As of today, the FTSE AS ...
by funduffer
August 23rd, 2019, 1:38 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: South 32 Results
Replies: 4
Views: 1458

Re: South 32 Results

I am also completely baffled by the headlines v the actual dividend payments! I think I am not alone, as the share price has reduced significantly in the last few days. I think the reason for the cut is the “40% payout of earnings” dividend guidance.....and of course earnings are down. I wish they w...
by funduffer
August 11th, 2019, 3:47 pm
Forum: High Yield Shares & Strategies - general
Topic: Sell or not sell
Replies: 84
Views: 5577

Re: Sell or not sell

This debate of balancing v not balancing a HYP is a very interesting and relevant discussion to the management of a HYP! (Not sure why it isn't on the HYP-P board, but then, who cares!) I think Alaric has put his finger on the answer - it is all about risk tolerance. HYP1 was started with equal amou...
by funduffer
August 9th, 2019, 5:39 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: HSBC Interim highlights.
Replies: 33
Views: 2681

Re: HSBC Interim highlights.

HYP doesn't sell as a rule. It holds. If you're selling, you're not HYPing. You're doing a variation on value investing - which if you remember is where the PYAD acronym and looking for 'deep value' comes from. HYP errs on the side of safety by avoiding the 'out' and chasing further value. Oh Dear....

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