moorfield wrote:No not trolling. It seems peculiar to me that buying new "fails guidance" yet a topping up "is acceptable" here - Pyadic checks should apply consistently to both actions, I would have thought, which is why I frame the question from a Vodafone share's perspective.
The share is inanimate, hence your original question is a nonsence, and I treated it as such and ignored it.
If the yield had been 2% it would not have been topped up, but, despite having had the dividend reduced considerably, the yield is still very acceptable. Had it not been there would have been no question of it being topped up, because it would not have featured in the top-up list. Tesco has been paying dividends for some time now, since it paused them, but the yield is so low that it is a long way down the top-up list.
If a big rights issue is coming, it makes more sense to participate in that rather than buy new shares in the market. If the company is about to split, and you may not want the bit to be split off, it may make more sense to sell it than to buy more. Then buy back after the split. I did that when the Verizon split took place.
Like they say, be alert. The world needs lerts.
TJH