British American Tobacco Annoucement

[idpickering]

Branch Register: Dividend Finalisation Information

Quarterly Dividends for the year ended 31 December 2017:

Payment No. 2 - August 2018 (the "August 2018 Dividend")

South Africa Branch Register Finalisation Information

On 22 February 2018, the Company announced that the Board had declared an interim dividend of 195.2p per ordinary share of 25p, payable in four equal quarterly instalments of 48.8p per ordinary share in May 2018, August 2018, November 2018 and February 2019.

The August 2018 Dividend will be payable on 8 August 2018 to shareholders registered on either the UK main register or the South Africa branch register on 29 June 2018 (the record date).

https://www.investegate.co.uk/british-a ... 00127766R/

[idpickering]

Regulars to this board will be more than familiar with my fickleness (Pickering) when it comes to deciding my chosen share to top up/purchase. I did mention before that my chosen share for this month is British American Tobacco, and that is still the case. That will happen on this Thursday, and take my BATS holdings up to being about 3% in capital value of my HYP. BATS sits alongside Imperial Brands in my HYP, so my exposure to tobacco holdings will be about 6.6% in capital value terms, of my 32 share HYP. For those not in the know regarding my HYP, here's a link to show my holdings before this transaction. viewtopic.php?f=15&t=11247&start=20

Ian.

[idpickering]

Sod's law that the day before I top up my BATS holdings the SP, as of now, is up 3%, as are Imperial Brands too.

Ian.

[OLTB]

Sod's law that the day before I top up my BATS holdings the SP, as of now, is up 3%, as are Imperial Brands too.

Ian.

Oh dear... maybe some Pickering is in order?

I understand that this morning one of the analyst companies uprated the target price for IMB to £31 so BATS might be hanging on the coat tails of that news as well.

Cheers, OLTB.

[monabri]

Sod's law that the day before I top up my BATS holdings the SP, as of now, is up 3%, as are Imperial Brands too.

Ian.

I can offer some consolation....20 June 2017....share price 5563p. Yes, 1 year ago today.

[Dod101]

I think the tobacco companies are very undervalued, almost by definition. The yield is high, particularly for Imperial, and the dividend is not I think under threat. Were I you Ian, I would go ahead and buy. You will never time the market except by luck. I am not buying but that is because I have enough already.

Dod

[monabri]

I think the tobacco companies are very undervalued, almost by definition. The yield is high, particularly for Imperial, and the dividend is not I think under threat. Were I you Ian, I would go ahead and buy. You will never time the market except by luck. I am not buying but that is because I have enough already.

Dod

And why not indeed. The yield has changed from 5.29% to 5.13%... in the scheme of things in a few years time it won't matter ( but it is darn annoying )

[DiamondEcho]

I understand that this morning one of the analyst companies uprated the target price for IMB to £31 so BATS might be hanging on the coat tails of that news as well. Cheers, OLTB.

News item from Digitallook this morning: 'In broker note action, British American Tobacco and Imperial Brands were started at ‘buy’ by Liberum'

[idpickering]

Thank you very much for your input guys. I'm holding firm with my top up of my BATS holdings tomorrow. As Dod says, you can't time the market, and I agree, so I'm not going to waste any more of my time, or yours, worrying about it. To pick up BATS at over a 5% yield is a bonus in itself I think. BATS finished up 2.8% today, but that in itself is immaterial for us HYPers. It's all about the income after all.

Cheers,

Ian.

[tjh290633]

I wonder if moves to make cannabis legal have had any effect.

"Players Please" and send you doolally. Actually I think that word relates to Calcutta airport, whose name I cannot remember accurately. Daolali perhaps?

TJH

[Dod101]

Dum Dum was the name of the airport at Calcutta, just like Kai Tak was at Hong Kong.

Happy memories.

Dod

[tjh290633]

Dum Dum was the name of the airport at Calcutta, just like Kai Tak was at Hong Kong.

Happy memories.

Dod

Of course you are right. I think the other place was the first village on the way into the city. It was before you got to the tannery.

TJH

[Dod101]

I only passed through it in the old days, never actually been there.

Dod

[DiamondEcho]

'early 20th century: originally doolally tap, Indian army slang, from Deolali (the name of a town with a military sanatorium and a transit camp) + Urdu tap ‘fever’.'

And I flew into HK's Kai Tak airport once. It felt rather like landing a jetliner on an Oxford Street where every building is a high-rise, so that right before touch-down it felt like you could see individual faces in buildings looking down at you as you descended below.