Re: Treading Water Anybody have any theory as to why this has gone down relative to the sector by -7% in the last month ?
Re: Treading Water Thanks for all the replies. I was being a little provocative as I've only recently invested these in my wife's SIPP and want to basically hold and forget.
Re: Treading Water It has paused for breath now because a whole pound a share has been taken and given as a special dividend,but the nav has grown so much over the last few years they can afford to give some back to shareholders.The share price and nav has done really great over the last five years and the last 12 months has done great.Don't know what you expect from a investment but cldn has beat my expectations every year for a long time now.
Re: Treading Water Up 24% in last year. Not too shabby.
Re: Treading Water Are you bankers?It's probably up about £4 over the year......and paid out a £1 special dividend..
Treading Water Nothing much seems to be happening here. Very little share movement over the last 12 months
Re: Big Drop I jumped in a few days ago because of the divi so am quite please that the drop of 102p is lower than the divi of 139.9p. I did try to buy more but HL were quoting a higher price by about 15p/share - no idea why. Anyway it looks consistent in performance and there are few shares that can claim a divi rise spanning 50 years so I'm happy to stay a while and may even add.
Big Drop Should have bought yesterday! Divis safe
Re: Ex dividend date Good comment in today's Telegraph! by Questor
Re: Ex dividend date The share price will adjust (is adjusting) up first then adjust down on the x date.
Re: Ex dividend date There's no free lunch. The share price will adjust to the extent of the dividend on the x date.
Re: Ex dividend date Exactly, shares are on 17% plus £1.54 (dividend) discount payable 3rd August!
Ex dividend date Am I missing something? If the ex dividend date is in July , can we buy today and avail of the final dividend plus the £1 special return to holders? I don't think soCan somebody please explain
Re: Dividend plus special dividend I think last time I bought Discount to NAV was North of 20%.But saying that, in rampant Bull Market when any value is difficult to find, 17% looks OK.If we get a pull back, CLDN won't be exempt, but we care as long term holders?Of course not, we'll just add more.I'm my usual cautious manner, if I wasn't a hard buyer at this time, I'd be knibbler deploying cash that I wasn't holding for big sell off. That might be tomorrow, it might be 24 months away, either way I'll be adding more at some point. DL
Dividend plus special dividend What a bargain to buy @ 17% discount to NAV.- Annual dividend up 4.2% to 54.8p per share proposed, the 50th consecutive annual increase- Special dividend of 100.0p per share proposed- Continued outperformance against the FTSE All-Share over ten years