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
Got a credit card? use our Credit Card & Finance Calculators
Thanks to eyeball08,Wondergirly,bofh,johnstevens77,Bhoddhisatva, for Donating to support the site
Standard Chartered Resume Dividend
Forum rules
Tight HYP discussions only please - OT please discuss in strategies
Tight HYP discussions only please - OT please discuss in strategies
-
- Posts: 30
- Joined: November 15th, 2016, 9:17 am
- Has thanked: 10 times
- Been thanked: 13 times
-
- Lemon Quarter
- Posts: 3547
- Joined: November 7th, 2016, 1:56 pm
- Has thanked: 1579 times
- Been thanked: 1414 times
Re: Standard Chartered Resume Dividend
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.
+30% on initial capital invested also.
Lovely.
-
- Lemon Quarter
- Posts: 3556
- Joined: November 5th, 2016, 10:30 am
- Has thanked: 1 time
- Been thanked: 1172 times
Re: Standard Chartered Resume Dividend
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.
-
- The full Lemon
- Posts: 10439
- Joined: November 4th, 2016, 9:33 am
- Has thanked: 3640 times
- Been thanked: 5272 times
Re: Standard Chartered Resume Dividend
BristolDave wrote: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.
Return to “HYP Practical (See Group Guidelines)”
Who is online
Users browsing this forum: No registered users and 64 guests