Today, including the dividends and fees we are down -3% (-3%), -£97 (-£111).
1. SHRE is -36% (-33%), -£73 (-£68)...[Financial Services]...[N/A]
2. UU. is -6% (-4%), -£36 (-£26)...[Gas Water & Multiutilities]...[FTSE100]
3. SBRY is -1% (-4%), -£10 (-£23)...[Food & Drug Retailers]...[FTSE100]
4. GSK is -4% (-6%), -£27 (-£38)...[Pharmaceuticals & Biotechnology]...[FTSE100]...[Ex-Dividend]
5. ITV is -6% (-8%), -£42 (-£51)...[Media]...[FTSE100]
6. RDSB is 9% (9%), £58 (£61)...[Oil & Gas Producers]...[FTSE100]...[Ex-Dividend]
Worthy of note, SHRE has fallen.
UU. has fallen.
Next we move to the soap opera that has been played out between SBRY and Argos owners Home Retail Group. A new company has also made a bid for Argos and interestingly they have offered more money for the asset.
SBRY has risen. Below is the share price of SBRY over the last week:
Within the CIC there is much debate about whether or not to sell SBRY at a loss, further information can be found in this thread:
viewtopic.php?p=156194#p156194
For the record, today, SBRY is only £10 down excluding the dividend. The CIC has received £16 dividends from SBRY, consequently the share is overall in profit.
GSK has risen. GSK is ex-dividend. The double dividend including a special bonus dividend of 23p is 43p. Therefore, 38 X £0.43 = £16.34 is to be received by the CIC on 14/04/2016.
ITV has risen.
RDSB has fallen and is up an impressive 9%. RDSB is ex-dividend so soon after our purchase. Our first dividend from RDSB is due, 42 X 47cents = $19.74 on 29/03/2016. It will be interesting to see how the currency conversion changes this figure once converted to pounds sterling (GDP).
Overall it has been a mixed week.
The imutual Cashback Investment Club has incurred an additional Share.com monthly of £1.80, bringing the total Share.com fee to £25.20.
Today, the imutual Cashback Investment Club has received just shy of £70 in dividends and has incurred £55 in fees. Hence, our dividends have comfortably exceeded our fees.
Note:
This summary includes all fees and dividends.
Figures in brackets are last weeks values.