Advertisement
If you have a new account but are having problems posting or verifying your account, please email us on hello@boards.ie for help. Thanks :)
Hello all! Please ensure that you are posting a new thread or question in the appropriate forum. The Feedback forum is overwhelmed with questions that are having to be moved elsewhere. If you need help to verify your account contact hello@boards.ie
Hi there,
There is an issue with role permissions that is being worked on at the moment.
If you are having trouble with access or permissions on regional forums please post here to get access: https://www.boards.ie/discussion/2058365403/you-do-not-have-permission-for-that#latest

What to do with Aviva shares?

  • 27-02-2013 12:04pm
    #1
    Barr
    Registered Users, Registered Users 2 Posts: 7,023 ✭✭✭


    Hi All

    I have Aviva shares that seem to be falling in value at the moment. I wanted to hold on to them till the 20th March (dividend date) but was thinking if they continue to decline at the current rate they will not be worth a lot anyways.

    Would ye recommend selling before or after a dividend date?

    Thanks:)
    Barr


Comments

  • #2
    Idu
    Registered Users, Registered Users 2 Posts: 1,152 ✭✭✭Idu


    They've gone ex-div so if you sell them now you'll still get the dividend


  • #3
    Procyon
    Registered Users, Registered Users 2 Posts: 40 ✭Procyon


    OP is correct the shares go ex div on 20th March.

    The 2012 results are announced on 7 March so there might be some movement in the share price then. I wouldn't sell them purely because they have dropped recently. If the dividend is cut however then it will probably fall further.


  • #4
    Barr
    Registered Users, Registered Users 2 Posts: 7,023 ✭✭✭Barr


    Procyon wrote: »
    OP is correct the shares go ex div on 20th March.

    The 2012 results are announced on 7 March so there might be some movement in the share price then. I wouldn't sell them purely because they have dropped recently. If the dividend is cut however then it will probably fall further.

    Thanks Procyon

    Would it be the 20th March they announce what the dividend will be or is it March 7th ?


  • #5
    Procyon
    Registered Users, Registered Users 2 Posts: 40 ✭Procyon


    It'll be on the 7th March when the value of the dividend is announced.


  • #6
    Barr
    Registered Users, Registered Users 2 Posts: 7,023 ✭✭✭Barr


    Procyon wrote: »
    It'll be on the 7th March when the value of the dividend is announced.

    Sweet, not too long to wait. Hope it will be positive.

    The share price seems to be recovering today so I might hang on and hope for the best.


  • Advertisement
  • #7
    Jim2007
    Moderators, Business & Finance Moderators Posts: 10,610 Mod ✭✭✭✭Jim2007


    Barr wrote: »
    Sweet, not too long to wait. Hope it will be positive.

    The share price seems to be recovering today so I might hang on and hope for the best.

    Prior to a share going ex-div the quoted price tends to include the dividend, once the share goes ex-div you would expect to see the price fall to take into account that the share is now ex-div....


  • #8
    Cute Hoor
    Registered Users, Registered Users 2 Posts: 1,788 ✭✭✭Cute Hoor


    Took a right hammering this morning, down around 12% on the dividend cut news. Oversold maybe? An opportunity to buy low?


  • #9
    Procyon
    Registered Users, Registered Users 2 Posts: 40 ✭Procyon


    Dividend cut by 44%, share price down by 12.5% to 315. Not good. It should go up from here but it could be a long time before 400 is approached again.

    I'm not going to sell my shares now but I'm starting to think some of the other insurers on the FTSE have better prospects.


  • #10
    Procyon
    Registered Users, Registered Users 2 Posts: 40 ✭Procyon


    Results today were well received. Share price up to 349p almost where it was when the thread was started. I still think it could be a while before it reaches 4 pounds again.


  • #11
    Procyon
    Registered Users, Registered Users 2 Posts: 40 ✭Procyon


    Procyon wrote: »
    Dividend cut by 44%, share price down by 12.5% to 315. Not good. It should go up from here but it could be a long time before 400 is approached again.

    I'm not going to sell my shares now but I'm starting to think some of the other insurers on the FTSE have better prospects.

    What a difference a year makes! Results today were very well received. Share price just over 500p.


  • Advertisement
Advertisement