I care about what I’m paying, not what they're getting. If people have invested money, surely it’s only right that they get some dividends or do you not agree with that? It's not state owned, it’s a profit making company.
Privatised water clusterflick.
- Thread starter JohnD
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oh look a right win tribalist tries to avoid admitting privatisation is a failure
not surprising, this is the same person who fully believes in the idea of ownership of property.....as long as it isnt the council, in which he argues its a bad idea (why?...errr because 'reasons')
Politics: you only have to fool enough people for enough of the time to stay in power
profit making eh?
so you think dividends are paid out of profits
"Reports that Thames Water has been lobbying the government to let it increase bills by 40% come after the company’s 30-year history of giving out £7.2bn in dividends – and racking up £14.7bn in debt – has put it on the brink of collapse."
tribal politics at its finest
Profits before tax and interest reached £508.8m in the year to the end of March (2023), up from £506.2m the year before. Shareholder payments too are up and estimated to be worth more than £260m.
Severn Trent will tap shareholders for £1billion – including £500million from Qatar – to help tackle sewage pollution. The utility group announced a share placing with the Qatar Investment Authority lined up to provide half the funds, as the company responds to pressure to clean up its operations. Qatar's sovereign wealth fund is already the water company's third biggest shareholder after investment giants BlackRock and Lazard Asset Management.
Water suppliers have also faced criticism for hiking bills and paying out huge sums to bosses and investors while pollution incidents remain high. Severn Trent chief executive Liv Garfield took home £3.2million for the 2022-23 financial year and the company paid out £261million in dividends.
This is money.co.uk
They do all right, Jack.
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Dividends can only come from profits. Just because they borrowed money, it doesn’t mean there will be no profits otherwise companies would all be borrowing money, having no 'profits' and paying no corporation tax.
D
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Your dumber than a dog that's eating another dogs ****.
You don't understand finance one bit.
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Just shut up you dumb imbecile.
Again this is above your understanding you dumb dog.
Also known as dividend recap. A financing technique which usually involves a private equity firm causing a company in its portfolio to issue new debt in order to pay shareholders a special dividend.
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There are no truer acolytes to the cause of stupidity and thinking all finance operates like their own personal budgeting than Mottie - the thickest idiot in a village full of idiots.
One for the ages.
One for the ages.
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Mottie are you not going to regale us with your finance knowledge you berk.
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Nothing wrong with dividends when they are deserved.
But rewarding failure. Not in my book.
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Mottie hasn't got a clue how finance works and really is a berk.
Mottie is so thick he compares personal, public and corporate finance as being the same.
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Instead of being rude and insulting, you could post your knowledge - if you have any.
Section 830 of the company's act confirms Mottie is correct. Of course a parent company which makes a profit, may well pay a dividend. Dividend Recaps are not straight forward in UK corporate and tax law.
Do you know what happens if your company pays its share holders more in dividends than are available from profits? Perhaps you could explain the legal implications of a dividend recap, in the UK if it makes the company insolvent? Or the tax treatment of such income?
Section 830 of the company's act confirms Mottie is correct. Of course a parent company which makes a profit, may well pay a dividend. Dividend Recaps are not straight forward in UK corporate and tax law.
Do you know what happens if your company pays its share holders more in dividends than are available from profits? Perhaps you could explain the legal implications of a dividend recap, in the UK if it makes the company insolvent? Or the tax treatment of such income?
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Here in simple terms.
A dividend recapitalization in finance is a type of leveraged recapitalization in which a payment is made to shareholders. As opposed to a typical dividend which is paid regularly from the company's earnings, a dividend recapitalization occurs when a company raises debt
You raise debt and use that debt to pay a special dividend.
You really are barking up the wrong tree in conflating this with profits.
All you have to make sure is you can service the debts through regualr income streams - water bills are perfect for this.
A dividend recapitalization in finance is a type of leveraged recapitalization in which a payment is made to shareholders. As opposed to a typical dividend which is paid regularly from the company's earnings, a dividend recapitalization occurs when a company raises debt
You raise debt and use that debt to pay a special dividend.
You really are barking up the wrong tree in conflating this with profits.
All you have to make sure is you can service the debts through regualr income streams - water bills are perfect for this.
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US source - clearly and relevant to PE firm not a public listed company.
Again - do you know the answers?
Again - do you know the answers?
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