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Halfords returns to paying dividends

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Breelander
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Halfords returns to paying dividends

#420252

Postby Breelander » June 17th, 2021, 6:49 pm

Preliminary Results: Financial Year 2021 on company board.

FY21 ...Proposed final dividend per share of 5p.
FY22 - ...a proposed full year dividend per share of 9p.
viewtopic.php?p=420247#p420247

No payment or ex-dividend dates given in the RNS or on Halfords' web site, but it's usually x/d end of July and paid mid-August

Gengulphus
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Re: Halfords returns to paying dividends

#420613

Postby Gengulphus » June 18th, 2021, 8:32 pm

Their last final dividend was 12.39p for their financial year ending in March 2019, which makes 5p a 59.6% cut from that, and their last full-year dividend was 18.57p for that same financial year, so 9p is a 51.5% cut from that. So while the reinstatement of its dividend is good news, it's rather feeble good news as good news goes...

Gengulphus

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Re: Halfords returns to paying dividends

#420638

Postby GrahamPlatt » June 18th, 2021, 10:36 pm

Gengulphus wrote:Their last final dividend was 12.39p for their financial year ending in March 2019, which makes 5p a 59.6% cut from that, and their last full-year dividend was 18.57p for that same financial year, so 9p is a 51.5% cut from that. So while the reinstatement of its dividend is good news, it's rather feeble good news as good news goes...

Gengulphus


Not only that, but end March 2019 the SP was only 232p, giving a 7.5% forecast divi.
Ideally though we’d all have bought toward the end of March 2020 at between 70-80p and an advertised forward yield of 15%.
As it is, if they’re going to do 5p + 9p this year, 14p/80p would’ve been 17.5% on cost.
Hindsight’s a wonderful thing.

Breelander
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Re: Halfords returns to paying dividends

#421685

Postby Breelander » June 23rd, 2021, 6:17 pm

Breelander wrote:No payment or ex-dividend dates given in the RNS or on Halfords' web site, but it's usually x/d end of July and paid mid-August


Dates published now, they're a little later than previously.

Ex-Dividend Date: Thursday 12 August 2021
Payment date: Friday 17 September 2021
https://www.investegate.co.uk/halfords- ... 3006EMFYH/


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