engprof

Allied Irish Banks: With 9% Dividend, This Bank Could Thrive

Many thanks to the article's author for the clear explanation of AIB's dividend structure. Now I understand why the dividend amount listed on financial web sites for this stock does not match AIB's announcements--the discrepancies are not just a matter of varying currency conversion rates. (And you can't find the same yield for AIB listed on any two financial sites!) AIB is my only long-term investment because the numbers tell me that the share price will eventually rise and because, as the author demonstrates, the generous dividends are safe for the foreseeable future. I too like AIB management's candor about current problems and conservative outlook for the rest of the year. The only troubling comment in the article, and it's right I think, is that much of AIB revenues come from construction loans, and construction is plummeting in Ireland right now. So I'll watch the stock while I continue to add to the position. Great article! I wish that info with this depth and clarity were available on my other positions!