How much is this share dividen is it actually pound or pennies?

[Angel_123]

Like it says 8:02p means 8pound? Or is it penny?

[jamesgoldman]

Pence per share... I have a friend he has 400 shares in MAB, they total about £30 a year but the gift vouchers at the end of the year are worth more (20% off of your bill; he gave me one for my Christmas a few years ago)

[Angel_123]

so says there 15.6p 6p is 60p or 6p however, the 15 is maybe mean £15.60p isn't it thats what im asking so its actually what?

[jamesgoldman]

15.6p per share...£1 stake would pay 1.95p
You make far more from the value of shares growing than the dividend (he was given his by a relative aged 12 but in dividends alone it would take 33-34 years to break even)

[sensible27]

Does Britain have pennies? Isn't pennies a us thing? I guess if it's penny stocks it's pennies otherwise pounds... depends on the price of the stock...: )

[SjE78]

Pennies are a British thing they were originally known as the Penny Farthing https://en.wikipedia.org/wiki/Penny_(English_coin) here's some info

[Angel_123]

The stock im buying is a pounds stock its worth 6-7 pound a share dividen yeild is 8% and it pays 22:78p it says on one of the shares so i think it is £22

[sensible27]

Ok, no? Am I not getting something here? Are you new to this? It says (or you say) the dividend yield is 8% the math doesn't add up... I mean do it yourself... do the math... the pe ratio would be amazing... I think it's pennies...

[Angel_123]

No mate it says there 15.6p 6p is 60p or 6p however, the 15 is maybe mean £15.60p isn't it thats what im asking

[SjE78]

sometimes penny's are also calculated in that format, if it doesn't have the £ next to it but has p at the end it refers to as pence, and not pound

[Archerer]

I assume it is pounds, but call your broker and ask you need to know these things. What is the dividen percentage? How big is your position? That should tell you also.