daveh wrote:Padders72 wrote:daveh wrote:
Not yet I'm afraid, I'm with HSDL - it will probably turn up tomorrow. Once it does it will mean I have sufficient cash for a top up (of something, but not LGEN as it is way down the HYTUSS top up list due to its large capital weighting).
Unless you are fearful of the superficial sector overlap, as you know Aviva are looking interesting for a top up at present since they have a circa £3bn chest of funds from disposals that they are planning on returning to shareholders in the next few months. How hasn't been established yet but it is sounding promising. Their ongoing yield isn't too shabby either.
Already own some Aviva and it also sits well down in the HYPTUSS top up list at 18th place again because of capital weighting. It will be interesting to see how they return capital to shareholders. Top of HYPTUSS are preference shares (AV.B and LLPC) but their price is well ahead of my purchase price and also well ahead of par so I'm a little wary, but its not really on topic for the LGEN board even if it is discussing how I'm going to reinvest the LGEN dividend.
FI like LLPC etc worry me from the POV of rising inflation which would likely put downward pressure on their values. I am currently very overweight with LLPD & BOI and have been selling down for that reason and also for diversification purposes but it served me very well during the Covid market turmoil when the payments kept rolling in. I have roughly 5% of my pot each in LGEN and AV. and do see them as rather different from each other so I share some of the sentiments above even though Dod is more negative towards the latter than I feel. I can see a combo of dividend and buyback as buybacks alone don't give a shareholder the instant warm feeling* that a Special divvi cheque does.
*and possible tax problem