Hoping they start dividends up again soon
Trading the stockmarket (NO Referrals)
- Thread starter mcast123
- Start date
Soldato
Yeah I have short term flipped some RR and wish I had held a bit more but they must be close to divs again now, they seem pretty much back on track
Pretty solid choice. Probably best in your ISA though, rather than the GIA. It pays some income as PIDs and tax treatment is different, they are paid with 20% tax taken and if you're a higher rate taxpayer keeping these outside of the ISA means you'll have to notify HMRC to ensure your tax code is changed to take the extra 20% tax due. In the ISA ensure your broker is reclaiming the 20% tax already paid.
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When you factor in the effects of the rights issue Royces are currently at an all time high.
Already been announced that dividend payments will start next year. Initially at 30% of the profits, which is estimated to be around 4p/share.