Standard Chartered Resume Dividend

[BristolDave]

Not sure if many here still hold Standard Chartered (STAN) after they stopped the dividend. I still kept mine as they give exposure to Asian markets,

They announced today the resumption of dividends OK a measly 11c per share, however the board stated their intentions to increase the dividend and it is covered 4.3 x.

For those interested Ex Div 8th March / Paid 17th May

[moorfield]

I hold some of their shares we're not allowed to discuss here, and which have been paying me a steady dividend for years.

+30% on initial capital invested also.

Lovely.

[kempiejon]

I've got some ords, I paired them with HSBC which was the smart move. One of my classic HYP buys, get in just before the dividend cut. I also hold their pref.

[Arborbridge]

Not sure if many here still hold Standard Chartered (STAN) after they stopped the dividend. I still kept mine as they give exposure to Asian markets,

They announced today the resumption of dividends OK a measly 11c per share, however the board stated their intentions to increase the dividend and it is covered 4.3 x.

For those interested Ex Div 8th March / Paid 17th May

Thanks for that. Yes, they've been continuously held in my WyfHYP. I couldn't be bothered to sell and thought to be patient on this one. It's easier to be less pro-active on the WyfHYP as the income isn't needed.
Since they have doubled since the dark days, I feel hanging on was the right thing to do - as luck would have it! This is a case where HYP guidelines were actually a disadvantage - buying more would have been the smart thing. Buying after a cut can be a bonus, if the company survives. 20/20 hindsight

Arb.