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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Ecofin Global Utilities And Infrastructure Trust Plc | EGL | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -3.00 | -1.70% | 173.00 | 16:35:02 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 174.50 | 174.00 | 174.50 | 173.00 | 176.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 18/12/2023 | Interim | GBP | 0.0205 | 01/02/2024 | 02/02/2024 | 29/02/2024 |
| 19/10/2023 | Interim | GBP | 0.0195 | 26/10/2023 | 27/10/2023 | 30/11/2023 |
| 20/07/2023 | Interim | GBP | 0.0195 | 27/07/2023 | 28/07/2023 | 31/08/2023 |
| 20/04/2023 | Interim | GBP | 0.0195 | 27/04/2023 | 28/04/2023 | 31/05/2023 |
| 20/12/2022 | Interim | GBP | 0.0195 | 26/01/2023 | 27/01/2023 | 28/02/2023 |
| 20/10/2022 | Interim | GBP | 0.0185 | 27/10/2022 | 28/10/2022 | 30/11/2022 |
| 21/07/2022 | Interim | GBP | 0.0185 | 28/07/2022 | 29/07/2022 | 31/08/2022 |
| 21/04/2022 | Interim | GBP | 0.0185 | 28/04/2022 | 29/04/2022 | 31/05/2022 |
| 21/12/2021 | Interim | GBP | 0.0185 | 03/02/2022 | 04/02/2022 | 28/02/2022 |
| 21/10/2021 | Interim | GBP | 0.0165 | 28/10/2021 | 29/10/2021 | 30/11/2021 |
| 22/07/2021 | Interim | GBP | 0.0165 | 29/07/2021 | 30/07/2021 | 31/08/2021 |
| 22/04/2021 | Interim | GBP | 0.0165 | 29/04/2021 | 30/04/2021 | 28/05/2021 |
| 19/01/2021 | Interim | GBP | 0.0165 | 28/01/2021 | 29/01/2021 | 26/02/2021 |
| 21/10/2020 | Interim | GBP | 0.0165 | 29/10/2020 | 30/10/2020 | 30/11/2020 |
| 22/07/2020 | Interim | GBP | 0.0165 | 30/07/2020 | 31/07/2020 | 28/08/2020 |
| 22/04/2020 | Interim | GBP | 0.0165 | 30/04/2020 | 01/05/2020 | 29/05/2020 |
| 23/01/2020 | Interim | GBP | 0.0165 | 30/01/2020 | 31/01/2020 | 28/02/2020 |
| 22/10/2019 | Interim | GBP | 0.016 | 31/10/2019 | 01/11/2019 | 29/11/2019 |
| 23/07/2019 | Interim | GBP | 0.016 | 01/08/2019 | 02/08/2019 | 30/08/2019 |
| Top Posts |
|---|
Posted at 04/3/2024 12:17 by mrscruff daveoz13 instead of underlining holdings you could simply buy and infra and utilise global index INFR and I think JXI.I don't know much about the other trusts, but they appear "niche" and concentrated risk without diversification. I am sure those may recover but they are not the same as EGL, INFR, INPP... |
Posted at 03/3/2024 17:12 by daveoz1 Thanks MrScruff, thank goodness there are optimistic guys like you around, I do need cheering up at times! I am probably overinvested in this sector, and I can't see me buying the underlying holdings if EGL closes down. I did get fed up with another investment of mine dropping to ridiculous levels (I thought) - Gore Street Energy Storage Fund, GSF, and bought some more. For a while I was patting myself on the back when the share price shot up at the end of December 2023; unfortunately it has now dropped right back down to where it was before. I expect there are several readers here that have had that happen to them. As for DGI9 - no I won't even go there, I'll depress myself again! |
Posted at 26/2/2024 12:01 by daveoz1 MrScruff: Hmmm..as I bought at 189, I don't think I'll bank much of a gain if EGL closes....?! |
Posted at 24/2/2024 16:34 by mrscruff I am not so good at posting my sells but I reduced drastically the profit I made buying the last dip. Throughout last week and the the week before I have been adding to EGL in increasing amounts. I suspect a "W" shaped recovery.19% discount is ridiculous. I have voted against the continuation of the trust not because it is bad trust (it's really good) but I would be happy to bank a 23.4% instant upside from here. 23.4% gain is allot of money to me and I will take it. I hope others have been buying sub sectors that EGL excludes via INPP, HICL, BBGI, 3IN, PINT... clearly plenty to invest in if EGL close and we bank the gain. |
Posted at 29/1/2024 10:41 by 18bt Good results from EGL's largest holding by far: Note it is targeting 10% dividend growthEGL looks good on a discount of 11.4% and yield of nearly 5% and a share repurchase scheme in operation. |
Posted at 20/12/2023 16:46 by speedsgh ~ FY24 dividend target 8.20p/2.05p per qtr (+6.5%)~ 5-yearly continuation vote at AGM on 6/3/24: "Given the performance of the Company since inception and the strong growth outlook for its investment universe, your board has no hesitation recommending to shareholders that they vote in favour of the Company continuing as an investment company for a further five year period." Annual Financial Report - Rising rates dent Ecofin utility portfolio as continuation vote looms - |
Posted at 15/11/2023 09:10 by 18bt Strong results and upgraded medium term projections this morning from SSE, the 3rd largest position. Reduced inflation and falling yields really should be good for EGL - so for me a 17.5% discount looks tremendous value. |
Posted at 25/9/2023 22:27 by steve3sandal I’ve had a look at the top 10 holdings and can’t see too many issues if you want some diversification from mainstream or popular large caps. They’re obviously using capital to pay the dividend. Ecofin are running £2bn in this area at NAV in OEICS etc and I struggle to seethe benefit to EGL shareholders of running this small trust as a closed end vehicle. Board should consider winding up at NAV or unitising imo…..if buybacks don’t work and the discount gets to 20%. I might join in soon. |
Posted at 25/9/2023 06:55 by spectoacc And yet the discount is nothing unusual per how EGL used to trade, and anything with exposure to water probably needs checking carefully atm - the high debt ZIRP years have left some co's unsuited to interest rates at 5%.I'll look again at EGL if/when it's cheap. |
Posted at 24/9/2023 18:11 by mrscruff As of the 24th of September 2023, EGL represents one of the most promising low risk investment opportunities in our lifetime. However, some investors, some here, all fail to recognise its potential and are instead drawn to cash or higher yield, despite the fact that investments with higher yields frequently carry substantial debt and lower internal rates of return (IRR) and eventual total return.Sometimes higher yielding stocks simply pay out all their earnings (e.g. REITs) and don't hold any back anything for growth like most utilities and infrastructure companies EGL invest in do. If you're enticed by higher-yielding cash options, you will be overlooking the superior IRR potential offered here. Moreover, when cash yields eventually decrease, you could find yourself paying 25-35% more for EGL. The potential for upside risk with EGL is inevitable for those who hold onto cash. |
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