Foresight Solar Share Discussion Threads

[llef] 20/4/2024 12:02

So a 6% rise in dividend for 2024 relative to 2023.

Given that FSFL will have bought back around 6% of shares in last year, that means that the annual net cost of the dividend to the company will be same.

At an almost 10% dividend yield, it makes sense for the company to keep on buying back more shares rather than paying down the floating debt.

[gateside] 18/4/2024 22:06

smidge21 - thanks

[orinocor] 18/4/2024 21:00

Good that makes the yield 9.6%. I looked at others in this sector but settled on FSFL because its gearing of 38% is lower than BSIF or NESF. Also the ex-dividend date next week was a factor.

[smidge21] 18/4/2024 20:13

Look at RNS on March 12th; 8p div target for 24

[gateside] 18/4/2024 19:25

Aleman, when did they announce the 2p quarterly dividend?

[aleman] 18/4/2024 17:49

Note to new investors - they've declared an intention to pay 2.0p per quarter for 2024.

[orinocor] 18/4/2024 15:32

Foresight Solar is pleased to announce the fourth interim dividend, for the period 1 September 2023 to 31 December 2023, of 1.895 pence per ordinary share. The shares will go ex-dividend on 25 April 2024 and the payment will be made on 24 May 2024 to shareholders on the register as at the close of business on 25 April 2024.

[fordtin] 26/3/2024 16:25

spoole5 - "All the renewables seem to fall after 2pm every day!"

Dog bless America!

[spoole5] 26/3/2024 15:26

All the renewables seem to fall after 2pm every day!

[nerja] 26/3/2024 14:34

Dropping through support, what gives now