Chesnara Finals (+3% divi)

[monabri]

https://www.investegate.co.uk/chesnara- ... 00078796T/


"The results support the continued growth of the final dividend to 14.29p per share (2019 final: 13.87p per share) ), resulting in a 3% increase in the total full year dividend to 21.94p per share (2019 full year: 21.30p per share). This constitutes the 16th consecutive annual dividend increase for shareholders."


GROUP SOLVENCY RATIO OF 156% ( 31 December 2019 : 155%)

"We are well capitalised at both group and subsidiary level under Solvency II, with group solvency increasing marginally in 2020."


XD 8th April
Pay 24th May
Divi = 14.29p (13.87p, 13.46p being the previous 2 years for reference).

[Dod101]

Thanks for the report. I do not read these results as very exciting but they surely look fine on the basis of Covid and they are still able to propose an increase in the dividend. Very good.

Dod

[Arborbridge]

Thanks for the report. I do not read these results as very exciting but they surely look fine on the basis of Covid and they are still able to propose an increase in the dividend. Very good.

Dod

Exciting? I'm finding a 3% increase quite enough excitement for now

I would like the share price to follow through sometime as I am still underwater and showing negative XIRR from 2017.

Arb.

[Dod101]

Thanks for the report. I do not read these results as very exciting but they surely look fine on the basis of Covid and they are still able to propose an increase in the dividend. Very good.

Dod

Exciting? I'm finding a 3% increase quite enough excitement for now

I would like the share price to follow through sometime as I am still underwater and showing negative XIRR from 2017.

Arb.

I suppose if they can keep increasing the dividend then the share price must eventually follow through but I cannot see the numbers stimulating any rerating in the near future. Still as you say it is nice to get an increase. I am about 5% up in my dividends received for the first quarter compared to last year and for instance when HSBC pays out at the end of April that will give a boost so I am optimistic that I may reinstate the shortfall in 2020 this year.