#204998
Postby tjh290633 » March 2nd, 2019, 11:06 am
I had some long long ago, when they were split out of ICI. I can't recall whether ICI holders were given the shares or we had to buy them. Probably somewhere I can find out. I can't remember why I sold them either. As you say, the details may be on a BBC disc somewhere, probably unreadable now. I think I used Ultracalc, although I also had a program of my own invention.
Just looked at my handwritten records. 3rd Nov 1977 I paid the first call for 500 shares at 25p. Second call on 13th Jan 1978 at 27p. Income in 1978 was £26.30, so a starting yield of over 10% before tax. A rights issue was taken up in 1981 at 48p. I sold out on 17th Oct 1988 for £1,280.88 to provide cash for the second year of my PEP. I had 642 shares, from which the income in the final year was £63.33, so the share price was approximately 200p. The dividend per share was about 9.865p, so a gross yield of about 4.9% at the end. As I recall, IMI was not on my broker's list of shares, so I had also sold Pilkington to provide the cash and bought BP., ICI, Lloyds and Pilkington in the PEP. 2009 before I bought them again, at a price a little above what I had sold for. I must revisit the original data.
TJH