Pollen Street Share Price (POLN)

500-odd in February, over 750 now. Question is, cash out & take a profit or double-down in the hope that this is just the start? I don't have a large investment here so tempted to add, yield still expected to be over 7% which is looking handy right now.

You're right silverknight, we don't have dividend dates going forward which would have been helpful. However, it would be normal for biannual payers to declare an interim dividend with the half-year report and a final dividend at the full year.

Thanks. I was aware of your first point and now remember the other issues. We still don't have a calender for divis going forward do we?

No, you're missing a few things.

1. They've switched to two dividends per year.

2. In 2023, only some of the shares were eligible to receive dividends. Old Pollen Street shareholders didn't receive full dividends due to the terms of the merger agreement. They are now entitled to full dividends so although the total £ paid out in dividends is higher, the dividend per share is lower because it's spread across more shares

3. The company is buying back shares so the £33M is becoming more dividend per share with each share bought back because repurchased shares aren't entitled to dividends.

I thought I'd seen that another 13p payment's due on 28th June Krusty(maybe I'm mistaken) They said on the IMC presentation that dividends would total £33mill against £32 mill last year so I would expect at least 54pps. Here's hoping.