ADrunkenMarcus wrote:If you've held Nestle for forty odd years then I'm sure you've received more in dividends (both in real and nominal terms) than the original cost of the shares! Do you mind me asking if you have any records about the performance, or the increase in share price over the period? ...
I've got plenty or records, in fact far more than I'm able to summarise this minute, and they are mainly in Sterling. I'm sure there's plenty out there which'll go into far greater detail ***. I don't bother with IRR etc and don't reinvest the dividends
Since original purchase I took up some rights issues and more recently I've been selling some every year or so, to use up my CGT allowance, depending on what other chargeable disposals I've had. The reason for the sales is I'm heavily overweight and, looking at my portfolios as a whole, one could say they are an Ostrich egg compared to the Wren eggs in the basket.
Having said that, my online portfolio is based on my, as adjusted for later rights and disposals, remaining March 1982 pool. It shows a total gain of what remains of some +5,653% over the 40 years or so. I'm sure someone can calculate the approximate capital return over, say, 40 years. The gross dividend yield when I bought was about 2.4% - now slightly higher at just under 3.0%. The gross sterling dividend in 2017/18 was about 1.7 times my remaining s.104 pool.
The only immediate comparison I have on the same basis is that for Imperial Brands. That shows +5,978% but it emanated from Hanson Trust Limited, which was bought even earlier than Nestle. Hanson had some rights issue and a compulsory conversion of CULS in 1985, so I'm not really comparing like with like. I also sold some Imperial and didn't take up the rights issue in 2008 or whenever it was.
*** Including Nestle's table here https://www.nestle.com/investors/shares ... /dividends
re year end share prices and dividends payable the following year (in CHF). As you can see, they had a few dividend increases of 20, 15 and 10 cents from 2008 and have, in more recent years, increased the dividend by 5 cents from 2014. Thus the % increase per annum is diminishing slightly but still welcome. The annual dividend for 2017 was approved at the AGM on 12 April 2018 and the net dividend, as they always quaintly put it, from
18 April 2018. Mine arrived from the brokers on 25 April so the delay wasn't out of the ordinary.
I hope that's all some food for thought but I fully acknowledge it doesn't really cover your real and nominal; nor are they High Yield as such (at least for the UK) but I can't complain. Nor will the Chancellor of the day when he gets his IHT cut.