PHILKES
25 Feb 2016
This is the response from TD Direct.Not sure where to go next?:I have asked for this to be investigated with our dividends department who have confirmed that unfortunately due to the listing itself, we could not re-claim the dividend for you unfortunately.The reason for this is due to the fact we are not classed a qualifying Intermediary and any re-claims will need to be submitted to the HMRC directly by shareholders.We are allowed to assist and provide only the below information regarding tax and re-claims.1. Consolidated Tax Voucher for the relevant period 2. Contact details for the HM Revenue & Customs (HMRC)'s office for international tax advise. I have added information below which will assist you further in this re-claim, with the address and website for the process.HM Revenue & Customs (HMRC)'s International Office Fitzroy House PO Box 46 Nottingham NG2 1BD
GoldSifter
22 Feb 2016
Re: Dividend? Found this also [link] me it seems that individual's (beneficial owner) need to claim the money back (and obviously have a EUR bank account), even if the shares are held as a nominee.What a fiasco...
PHILKES
22 Feb 2016
Re: Dividend? Thank you. I have contacted TD Direct where my ISA holding is to see what they say.Seems to be a significant drop in dividend due to the tax deduction and may be only 1 payment a year?
sportbillygoat
21 Feb 2016
Re: Dividend? I think the dividend is a once per year disappointfest.
sportbillygoat
21 Feb 2016
Re: Dividend? PhilkesYou are right than the new (lower) TUI dividend is something of a clandestine operation, and has become even more murky since the TUI mothership swallowed up TUI Travel plc.I contacted investor relations as I couldn't get any joy out of finding the info on their "investors" webpages, they sent me a link that wasn't the most helpful. I did suggest they look at what other companies do to inform shareholders about dividends, but I suspect German companies enjoy being a little bit opaque, especially towards foreign investors. Here's the most pertinent info I could find - still quite vague on ex-divi dates; payment dates etc.[link] concerning than all of this is that even though my UK Tui Travel shares were converted to a parallel LSE Depositary Reserve listing of their Frankfurt listed counterparts after the merger, it now appears I'm clobbered for German withholding tax:"The dividend will be paid from February 10, 2016 onward, in general after deduction of 25% withholding tax and a 5.5% solidarity surcharge on the withholding tax (totaling 26.375%) and, if applicable, church tax on the withholding tax."This would explain how the headline 56€c per share became 31.65p by the time it arrives I'm my account, because it ain't explained by the currency conversion. The dividend announcement also says foreign holders in countries with reciprocal tax treaties can apply for exemption from the tax, but I would regretfully guess nominee account holders will get absolutely nowhere when they contact their broker. You'd have thought the withholding tax could have been automatically exempted from UK listed shares.A solidarity surcharge fuh chrissakes?SBG
PHILKES
21 Feb 2016
Dividend? I have just received my TUI dividend in my TD account but this is the only dividend I have received in this current tax yewar for TUI-When are the dividends paid on TUI shares?I cant seem to find the information?
Boring Bernie
10 Dec 2015
Cracking results A smidgen over the expected 15% growth was pretty impressive. On a quick read more through the only fly in the ointment I can see is our hotels in Egypt.Still can't see a reason for taking any profits at this level. Fair value's probably anywhere between 10 and 13 quid so, if it moves outside that range I'll review the situat
Boring Bernie
02 Oct 2015
Last Weeks Pre-Close Statement ... Was still bullish, with up to 15% underlying op profit growth expected this FY and double digit going forward. We're by no means expensive on those expected growth rates so I'm in no hurry to take any more profits
II Editor
13 Aug 2015
NEW ARTICLE: TUI speeds higher as risk priced in "Surprise at double-digit profit growth in the third quarter and better-than-expected bookings after the tragic terrorist attacks in Tunisia caused LSE:TUI:TUI's share price to soar Thursday. With consumer confidence rising amid low inflation and ..."[link]
Boring Bernie
13 Aug 2015
Q3 : Impressive Heck of a lot of info in today's Q3 Results but the underlying tone is very bullish and it looks like growth is expected to continue for some time yet. This year in particular seems to be going better than expectedI wasn't sure about the merger, but, based on what I just skimmed through, I'm more than happy to hold.
ianood
06 Jul 2015
TUI Sale of Greek Hotels Dont recall seeing this as a announcement on Friday !FRANKFURT, July 3 (Reuters) - Tour operator TUI Group has sold its 50 percent stake in Greek hotel chain Grecotel to its partner, saying on Friday the move was part of a strategy to focus more on its own brand.TUI (LSE: TUI.L - news) said its withdrawal, first reported by trade journal Fvw, was not related to the Greek economic crisis. It gave no financial details of the divestment but a person familiar with the matter said TUI would generate proceeds of between 40 million euros ($44 million) and 50 million.Grecotel, which was founded by TUI and the Greek Daskalantonakis family in the 1980s, runs 23 four- and five-star hotels in Greece with a total of 11,000 beds.[link]
Tuckman1
27 Mar 2015
Re: Trading Update With a huge reduction in their cost base ie fuel then I am expecting them to make targets over the next few years!!! Should be able to hedge at a substantially lower price than the previous years.Will leave holding well alone for at least the next couple of years. Hopefully a good dividend payment included in the profits.....
Boring Bernie
25 Mar 2015
Trading Update Expecting 10 to 15% underlying growth for the year sounds pretty good.Fool that I am, I took some profits in the low £12 the other day, but I think I'll leave the rest of my holding alone.Sometimes doing nothing is the best plan !
