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IG Group Holdings Trading Update

For discussion of the practicalities of setting up and operating income-portfolios which follow the HYP Group Guidelines. READ Guidelines before posting
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idpickering
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IG Group Holdings Trading Update

#302809

Postby idpickering » April 24th, 2020, 7:32 am

Including this bit;

The Group's financial position remains very strong. The Board reiterates that it expects to maintain the 43.2 pence per share annual dividend until the Group's earnings allow the Company to resume progressive dividends.


I hold as of mid 2019 and they've been a solid performer for me in these difficult times.

https://www.investegate.co.uk/ig-group- ... 00037217K/

Ian.

Bubblesofearth
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Re: IG Group Holdings Trading Update

#302821

Postby Bubblesofearth » April 24th, 2020, 8:33 am

idpickering wrote:Including this bit;

The Group's financial position remains very strong. The Board reiterates that it expects to maintain the 43.2 pence per share annual dividend until the Group's earnings allow the Company to resume progressive dividends.


I hold as of mid 2019 and they've been a solid performer for me in these difficult times.

https://www.investegate.co.uk/ig-group- ... 00037217K/

Ian.


Difficult times for IG are flat markets.

Arborbridge
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Re: IG Group Holdings Trading Update

#302839

Postby Arborbridge » April 24th, 2020, 9:59 am

Bubblesofearth wrote:
idpickering wrote:Including this bit;

The Group's financial position remains very strong. The Board reiterates that it expects to maintain the 43.2 pence per share annual dividend until the Group's earnings allow the Company to resume progressive dividends.


I hold as of mid 2019 and they've been a solid performer for me in these difficult times.

https://www.investegate.co.uk/ig-group- ... 00037217K/

Ian.


Difficult times for IG are flat markets.


It happens from time to time. They do well when there is volatility, but you can't always be having that!

idpickering
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Re: IG Group Holdings Trading Update

#302852

Postby idpickering » April 24th, 2020, 10:26 am

Arborbridge wrote:
It happens from time to time. They do well when there is volatility, but you can't always be having that!


Agreed Arb. I guess that's one of the reasons that we diversify in our HYPs. Some shares go up whilst others go down.
As of now IGG account for 4.5% in capital value terms of my 28 share HYP. That'll do, and I'm unlikely to buy more IGG any time soon.

Ian.


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