#245401
Postby tjh290633 » August 19th, 2019, 10:10 am
Looking at the composition of HYP4, I see that I hold, or have held, 12 of the securities.
RBS I have never held, but did hold Halifax at demutualisation in 1997 and disposed of it after RBS had their failed rights issue in June 2008. Foolishly I put the money into Cattles.
Persimmon I have never held, but I bought George Wimpey in August 2005 and still hold as Taylor Wimpey after the merger in 2007.
Land Securities I have never held, but hold Segro, bought in September 2007 almost contemporaneously with the PYAD LAND purchase, and British Land, bought in October 2010.
FCAM I have never held. Its replacement BATS I bought in February 2010.
DSGI I bought in February 2006 and sold in May 2009.
Rentokil I bought in June 2006 and sold in February 2010.
Of the rest, BP. was first bought during the privatisation in November 1979; Lloyds was first bought in December 1988; United Utilities was first bought in August 2001; Tate & Lyle was first bought in July 1999; Compass came from the demerger of Granada Compass in January 2001; The remainder were bought after the HYP4 period: Aviva in October 2010; Glaxo in September 2010; Pearson in October 2009; William Hill in March 2008. All are still held.
Looking through the history since the end of 2007, BP. cancelled its dividends from Q1 to Q3 in 2010 and resumed in Q4 at 7p, half the dividend paid a year before.
Lloyds had the trauma of taking over HBOS during the crisis and had an Open Offer in June 2009 at 38.4p and a Rights Issue in December 2009 at 37p. It paid its last dividend in October 2008 and resumed at a low level in May 2015.
United Utilities returned some capital via B-shares in August 2008 with a share consolidation.
British Telecom cut its dividend in 2009 from 15.8p to 6.5p, from which level it has recovered to 15.4p this year.
DSGI cut their final dividend in half in 2008 and ceased paying dividends after that. I see that they were down to 14p when they cancelled the next interim, but I sold at 43p on a bounceback.
Tate & Lyle seem to have cruised along happily, holding their dividend in 2009-10, but otherwise steadily increasing them.
Compass were about 316p when the final was announced in 2008, giving a total for the year on 10.8p. Currently at £20.38, with the last two dividends totalling 38.5p.
Rentokil reduced their interim from 2.13p to 0.65p in October 2008 and stopped paying dividends after that. They were 44p when the final was cancelled and I sold on a bounceback at 126p in February 2010.
Those are all the details I have of material events after 2007 for the shares which I held at that time.
TJH