Petrobrasil PBR

In my SIPP, I’ve got I3e, DEC, PBRA, DLG and JUP, so far. Only had it since Oct.

Jupiter has gone up 30% since I bought it. Direct Line is up, but the other 3 are red and in my opinion cheap. I3 Energy gives a monthly dividend, I dropped really lucky and bought loads at between 7 and 15p. DEC is quarterly and PBRA has just been a cash machine. Had it in my ISA for 6 months or more this will be the 3rd div

So i went for the paid tier of FT to get the iSA , i guess Sipp is yet another product something to do with pensions… I dont underatand the uk pension thing at all.

Its a pension that you invest rather than the pension company. I’ve moved a couple of old work pensions into mine to see if I can do better than their predictions for the amounts I had saved. It isn’t going to make me rich but neither were the pension companies!! The difference is, FT dont charge me a percentage of the fund every year to “manage” it.

I need to take a look into it… isnt the sipp an an aditional fee in FT? I might have £20 quid in peoplespension from mybdays as a care worker. And some nhs pension, but probably better to keep nhs one?

Its free with the 9.99 a month option. So was a no brainer fr me. You need to talk to a financial adviser about your pensions. My current work one is staying where it is for now. What happens if I leave current employer or when I retire is another matter.

Just a quickie… as far as i know, if we retire early and draw, theres usually some kind of penalty/fee/reduction… if i move my pension to sipp, can i manage it and draw on it early? I think i will need to look into it more but i dont have (cant afford) a financial advisor.

Guess i missed something today?. Almost 10% drop since opening an hour ago. Anyone know why?

Brazil Politics. Just search “lula and pbr”

Anyone had their dividend yet?

Not yet

No not yet, was assuming it would drop today. As far as the price goes, means more shres from the div. Plan on holding long term in my SIPP, so all is good.

FT chat advised me earlier today that payments take 5 working days, therefore the 5th.

Trading212 aparently paid out on the 28th.

What a huge crash today! Entire portfolio in red.

Assume Div will drop today or tomorrow. Not had anything yet, hopefully the next on at the end of this month won’t be mucked about as much as there won’t have been Christmas and New Year to blame.

Ah, yes, i forgot there is another payment planned end of Jan. Any idea how much ? Is it same amount again per share ? Oddly, trading212 recieved 2 separate payments of different amounts on the same day ( 28/12 ). Im really confused how this works, i guess it doesnt help that im really new to this (started investing in early August) but pbr.a div is really confusing.

Seems to be a trait of BBRA, there were 4 payments this time, 2 on 28 Dec and 2 more 26 Jan. If you look on Dividendmax.com, that might tell you how much per share and you can alsobset up a free notification alert on your portfolio, so it tells you when a div is announced, when you’ll eventually get it and roughly how much.

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Ahha yes thanks. Looks like just under $1.30 per share split over 2 dates (end of Dec and end of Jan).
Wow, thats actually a real decent earner for someone who holds a lots of these shares at under $10 a share. If im correct thats around 15% ish yield just for that one payment. Surely cant be sustainable for them to pay that kind of yield longterm not to mention the crazy politics over there.

Just wondering do pbr and pbra both pay out dividends at same time, if anyone could let me know how it works it be much appreciated

There is information on PBR and PBRA on dividendmax. I think the dates are the same though.

Had a chat message from Kamile to say this was FXed today (05/01) but i have no idea what that means ! I assume it means they received payment ?

Yes, a very good yield, but will it remain with the new left govt in Brazil? That is partially why the price has dropped due to uncertainty of the new Presidents economic plans for PBR and other large companies within the country