Search found 287 matches

by pyad
December 19th, 2018, 10:57 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: BHP completes sale of Onshore US assets
Replies: 39
Views: 2469

Re: BHP completes sale of Onshore US assets

The US 102¢ special is worth about 80p at the current FX rate making a return at 1,652p of 4.8% and the normal dividend forecast for their year to 30 June 19 is 174¢, worth about 137p at present. Thus the normal forecast running yield is a high 8.3% for 19. Add in the special and we're looking at a ...
by pyad
December 14th, 2018, 9:35 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Swapping Sage for......?
Replies: 21
Views: 2050

Re: Swapping Sage for......?

As a new HYPer, I am perplexed by this; surely the yield relative to the original investment is more important than the yield relative to a moving target such as the FTSE yield? The current yield of 2.9% would preclude top-ups but the actual yield of 6.4% means a hold? You need to look at the reaso...
by pyad
December 1st, 2018, 1:16 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: Persimmon's Yield
Replies: 38
Views: 2173

Re: Persimmon's Yield

Evening everyone. I'm trying to get my head around Persimmon's yield and can't understand it :D According to the latest update, sales are ahead, no debt, all on track with forecasts etc. yet the market is slamming the share price at the moment. I am aware that the current return of capital will fin...
by pyad
November 29th, 2018, 10:11 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Greene King Half Year Report
Replies: 16
Views: 1494

Re: Greene King Half Year Report

...One extraordinarily sloppy thing I noticed. In note 6 they got the Sept 2017 final dividend wrong in the comparatives! (They say 24.60 when it was 24.40). I spotted that in a 2 minute glance at the results Blimey, you must have led a sheltered life if you consider that tiny, unimportant error to...
by pyad
November 28th, 2018, 10:09 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: The Tobaccos
Replies: 113
Views: 6699

Re: The Tobaccos

Only for as long as it lasts, Arb, the difference being that annuity goes on till you (and possibly) your spouse die. Mine has been running for over 20 years and was fixed at a very good rate. Different story now, of course. Having had my fingers burnt a few times, I won't be buying more when the p...
by pyad
November 27th, 2018, 3:35 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: SSE - Interim Dividend Timetable
Replies: 16
Views: 1264

Re: SSE - Interim Dividend Timetable

I'm afraid that I disagree on this point. There are several companies which I hold who delay payment of dividends for 3 or 4 months after they announce them. This is my money they are holding on to for an excessive period. If they had people owing them money, it is unlikely that they would allow mu...
by pyad
November 27th, 2018, 10:27 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: SSE - Interim Dividend Timetable
Replies: 16
Views: 1264

Re: SSE - Interim Dividend Timetable

Because there is always a very long delay between announcement, XD and payment date for SSE. They are not the worst. SMDS win that crown for me. TJH In practice, after the first year or so the delay and its variation between between shares should be of little concern because payments are received a...
by pyad
November 21st, 2018, 1:26 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: United Utilities Half Year Results
Replies: 5
Views: 508

Re: United Utilities Half Year Results

They might be unpredictable in the short term, but I do not think the are random . No doubt Gengulphus could tell us more about what random really means ;) There are usually reasons behind prices movements - at least significant ones - it's just that we do not know what they are! On the quantum sca...
by pyad
November 21st, 2018, 10:49 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: United Utilities Half Year Results
Replies: 5
Views: 508

Re: United Utilities Half Year Results

If you scan through the charts of share prices for typical HYP shares, most have been suffering quite badly - including some stalwarts like Schroders or Legal and G. BATs is almost in a mini-free fall. But here's an odd thing, despite the much discussed political attitude of Corbyn, UU shares are a...
by pyad
November 21st, 2018, 9:11 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: One share per sector, or two?
Replies: 42
Views: 2228

Re: One share per sector, or two?

[Mod. - quoting Stephen Bland] The total is then split equally between them so as not overweight the sector at cost . That's interesting. Why "at cost" and not "at value" if building over many years? I assume that he refers to the initial cost of the multiple holding within said...
by pyad
November 20th, 2018, 11:26 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: One share per sector, or two?
Replies: 42
Views: 2228

Re: One share per sector, or two?

I can say from personal experience that with very large ports that started off much smaller and grew substantially over time, what happens is that you increase your individual sector or share comfort zone value, rather than increase the number of holdings just so as to reduce the average holding siz...
by pyad
November 19th, 2018, 9:18 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

Re: HYP1 is 18

...I'll end with one question of my own Ian, if I may - if you inherited £155,583 tomorrow, would you go happily out and invest it all in HYP1 as it currently stands? If you wouldn't, could you please explain the reasons why?... A pointless rhetorical question as you know. The primary reason, as re...
by pyad
November 16th, 2018, 12:53 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

Re: HYP1 is 18

There's a lot of misunderstanding here. I am criticising only the misleading term "derisking", not the general idea of an HYP income reserve. I specifically stated in an earlier message that I have nothing against the idea so no point in arguing about something I never said or even thought...
by pyad
November 16th, 2018, 11:24 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

Re: HYP1 is 18

There may be a misunderstanding here. As used by me, the term derisking refers to the proportion of dividend income received which can be safely spent, compatible with at least preserving the income's purchasing power (adjusted for RPI) from year to year regardless of companies' cuts or freezes . I...
by pyad
November 15th, 2018, 10:26 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

Re: HYP1 is 18

Nope. Vanishingly few HYPers I'd guess operate income reserves. You see it mentioned here but in practice, I'm pretty sure that hardly anybody can be arsed and just take the income as it comes including the inevitable bum years. Not saying there's anything wrong with the idea, just that I don't thin...
by pyad
November 15th, 2018, 9:47 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

Re: HYP1 is 18

Thanks for the comments, apart for course from: Strip out Persimmon and the div increase is a more realistic 4.2%. I don't mind constructive criticism but didn't know whether to laugh or lacrymate at that attempt to knock it. Another way to express the same sentiment and correspondingly crass would ...
by pyad
November 14th, 2018, 3:32 pm
Forum: High Yield Portfolios (HYP) - Practical
Topic: HYP1 is 18
Replies: 131
Views: 7288

HYP1 is 18

Yet another record income year. Here is the data for the year ended 12 November 2018, the eighteenth year of this non-tinker portfolio. ..........................................Income......................Value Anglo American 366.69 8,036 BA Tobacco 1,639.70 25,588 BT Group 875.03 14,472 Dixons Car...
by pyad
November 14th, 2018, 10:47 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: British Land Half Yearly
Replies: 24
Views: 1641

Re: British Land Half Yearly

"British Land Co PLC on Wednesday sunk to a loss for the first half of its financial year due to an adverse valuation movement, in spite of revenue growth for the period." https://www.londonstockexchange.com/exchange/news/alliance-news/detail/1542182250651398700.html "British Land re...
by pyad
October 18th, 2018, 10:45 am
Forum: High Yield Shares & Strategies - general
Topic: "Building the Pot"
Replies: 62
Views: 4906

Re: "Building the Pot"

Personally I’d like to be able to express sympathy for another human being, without needing to kick them in the vegetables for mistakes a decade ago. I suspect the OP has had plenty of time to regret their position at the time. Nonsense, I don't think you were there and don't realise what was going...
by pyad
October 18th, 2018, 10:26 am
Forum: High Yield Portfolios (HYP) - Practical
Topic: Unilever 3rd Quarter Trading Statement
Replies: 65
Views: 3694

Re: Unilever 3rd Quarter Trading Statement

Key point on the Q3 dividend not mentioned in the thread:

xd 01 Nov
pd 05 Dec

38.72 eurocents, sterling value 33.93p.

Historically their payout pattern is four equal divs per accounting year in euros, so the sterling values will vary.

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