PhilipJD
24 Apr 2017
Latest share issue News at [link] Given price of £1.36, share price has fallen quite a bit.
strapuk
21 Apr 2017
Re: Short changed? Yes I had the same problem, but as it was less than a pound difference I couldn't be bothered to complain. II do seem to have an issue with paying dividends from REITs and other similar shares like P2P. Strange how HL can always pay the full announced dividend on time in my wife's ISA with them, when II cannot in mine.
Floatingboater
21 Apr 2017
Re: Short changed? Well, II's response was as you guys pointed out......."Your dividend for your Tritax Big Box Reit Plc shares have been paid correctly. As this is a Reit share which part of the stock is paid as a PID, a Property Income Distribution, these are taxed at 20 per cent and the tax is then clawed back on your behalf.". Yours sincerely ........So if the part that is taxed at 20% is clawed back I assume we all may receive it at some stage?
CeeAJay
06 Apr 2017
Re: Short changed? I think you will find it is because PID is taxed at source. REIT's usually issue their divvy as 2 components a PID (property income distribution) and non-PID dividend. The PID has 20% tax deducted at source. I guess you were expecting £3.29 as the PID component (3289 @ 0.1p). 20% tax on that is c66p hence the £2.63 credited to your account.
Floatingboater
06 Apr 2017
Re: Short changed? My holding is 3289 shares in an ISA. II credited £47.69, then reversed that amount, then credited the same amount again. They then credited a tiny amount, £2.63, so it's about 66p short i think. I'm not hard up for 66p but i'll send them a message and see what happens. Thanks guys.
Medway Man
05 Apr 2017
Re: Short changed? Hi all.......all I will say is........on both mine and my wife's various REIT holdings within our respective ISA's.........since Selftrade (who we used first) was taken over by Equinity, to become Equinity Selftrade (for us), we seem to get our divi's paid in full at the same time on the due dates, sometimes split in two amounts, other times as one amount............so I guess we are lucky on that front.
TX2
05 Apr 2017
Re: Short changed? The current divi is being paid 1.45p as a non PID dividend (ie normal divi) & 0.1p as a PID dividend.Although I use iii;my Tritax shares are held in an HSBC ISA;I note as of today I have been paid the non PID divi but not as yet the PID dividend,which will no doubt turn up in due course.I think Floatingboater has ended up with a total amount of 1.53p because 20% tax has been charged on the 0.1p PID distribution which may still be charged at source on PID distributions not held in an ISA.
Eadwig
05 Apr 2017
Re: Short changed? Floatingboater,Looks like ii have managed to mess up the taxable part of a REIT yet again. I also haven't received the full amount and I hold it in my SIPP. I had one amount added then reversed, then the same amount added again, which works out @1.449228269699431pps.Another REIT I hold in there actually had its dividend paid out IN FULL (coincidentally also 1.55pps) but two payments were made and one was a day later than the other. However, the differences were obvious, with 40% paid the first day then 60% paid the second day.Its a bit annoying because I have re-investment on so obviously that DRIP hasn't worked out properly either (and has already executed, and a second attempt to execute it resulted in a secure message saying I didn't have enough cash from the payment to buy a share).I also have a REIT in my trading account, and ii have messed up the tax on that in the past - but they eventually get it right. I suggest a secure message and explain what you received and what you expected and which account it is in (I.e. tax protected or not), but see if anything else arrives today before you do it.Let us know how it goes. I shall be doing the same.
Medway Man
04 Apr 2017
Re: Short changed? Could it be your broker treats the REIT part separately, and credits at a later date?.......... Selftrade who I use; before they became Equinity Selftrade, always (on my REIT holdings) did the REIT element either as a separate amount on the dividend pay day, or at a later date when claimed back.
Floatingboater
04 Apr 2017
Short changed? Just got the divi paid and it's less than I expected, only by pennies but I can't work out why. II paid 2 amounts which in total did not add up to 1.55 per share only 1.53, has anyone else had this and can explain why please?
5haggy
16 Mar 2017
Re: Divi declaration & EPS Up. Sorry to say Eadwig, it's been a downhill slide ever since your posting!Any ideas as to why, apart from going 1.55p ex-div today?
EssentialInvestor
12 Mar 2017
Hansteen Looks better value to me.
Eadwig
07 Mar 2017
Divi declaration & EPS Up. Tritax Big Box REIT plc has today declared an interim dividend in respect of the period from 1 Oct 16 to 31 Dec 16 of 1.55 pence per ordinary share, payable on or around 3 April 17. The ex-dividend date will be 16 Mar 17. 0.10 pence of this dividend will be paid as a Property Income Distribution ("PID"
in respect of the Company's tax exempt property rental business and 1.45 pence will be paid as an ordinary UK dividend ("non-PID".Following the payment of this dividend, the Company will have paid, in aggregate, 6.20 pence per share in dividends in respect of the year to 31 December 2016, in line with its stated target. The total dividend for the year was fully covered by Adjusted Earnings per Share of 6.51 pence for the year.The Company is targeting an aggregate dividend of 6.40 pence per ordinary share for the year ending 31 December 2017StockMarketWire | Tue, 7th March 2017 - 07:48Tritax Big Box REIT's adjusted earnings per share rose to 6.51p in the year to the end of December from 6.12p in 2015 and the group sees further opportunities to acquire high-quality standing assets and to forward fund pre-let developments.Dividends declared in relation to 2016 totalled 6.20 pence per share, in line with its target.Total shareholder return for the period was 15.1% (based on the increase in share price assuming dividends reinvested).It said this compared to the FTSE 250 Index, the FTSE All-Share REIT Index and the EPRA NAREIT UK index which delivered total returns of 6.
relaxtwotribes
07 Mar 2017
Re: New long term loan. Not really. If the bank is making a margin of 1.5% on the loan and needs its own capital of one eighth of the loan then it will be making a return on capital of 13.04% ( 7x1.5 +2.54).
TX2
01 Mar 2017
New long term loan. Amazing to me that people are prepared to lend for 10 years @ 2.54%;under half the present return on the asset against which it is borrowed.I suppose the lenders have so much "quantitatively eased" cash which comes from we do not know where,or perhaps HM Govs printing press that they do not know what to do with.
