SpectoAcc : FSFL and BSIF have a lower dividend yield than NESF. Do you think that this is justified? |
And goes 2.1p XD in 6 days, coincidentally. More to come I hope.
FSFL also off the bottom. BSIF still unloved, but went XD itself yesterday.
It may be a capital rollercoaster with this lot, but at least the divis pour in. |
Now up 15% from recent low. At 76p yield would still be just ober 11%. |
free stock charts from uk.advfn.com |
FinallyI assume the div declaration has put any div cut concerns to bed for now. Not sure where the concerns were coming from anyway. The div has always been forecast to be well covered. |
Main hope is none of these reit’s get taken out on the cheap just as share price recovery is likely. |
while that is true its not much help to most of the investors who bought at 80p |
Nothing usual about recent rises, now up 13.4% since 60.4p low a few weeks ago. More than entire annual dividend. |
So the usual rally into the div. We are up more than the divi amount already today. Will do my usual and sell before the ex date on the 13th |
I like the look of the fundamentals and the technicals, with a high yielding dividend thrown in I am a new holder at 68.3p.
I do however expect a bumpy ride ahead! |
There are a few stocks breaking out of similar downtrends recently, apparently on interest rate reduction hopes and signs of improving wider global/export prospects, being led by some Asian and Middle East countries. But is it going to be a break out of a 3-year downtrend or just a 3-month one?
free stock charts from uk.advfn.com |
Nice double bottom formed - I am happy!
(well the announcement was good too...charts and news in line for price rise) |
Yield at the current price is now 12.8% !
Third Interim Dividend Declaration
The third interim dividend of 2.11p per share will be paid on 31 March 2025 to Ordinary Shareholders on the register as at the close of business on 14 February 2025. The ex-dividend date is 13 February 2025. The Board is pleased to reaffirm its full-year dividend target guidance of 8.43p per share for the financial year ending 31 March 2025, where the full-year dividend target is forecast to be covered in a range of 1.1x - 1.3x by earnings post-debt amortisation. |
Yes and BOE should do 4 cuts in 2025. Although given so many poor decisions during last 5 years i somehow doubt it. BOE are still doing too much monthly QT or Quantitative stupidity, keeping bond yields high costing tax payers even more, as we also foot the bill for their capital losses.
Anyway NESF up 9% from recent 60.4p low and may go much higher. Dividend announcement due shortly. |
@2wild gilts have retraced quite significantly over last few weeks and with a cut baked in tomorrow imv and at least a couple more before year end should see a bit of upside now. |
Sector starting to move higher. UK 5 year Gilt yield currently4.13% down from 4.78 a gew weeks ago. |
@mantelsloris depends on which subsidy regime your on.
FiT <5MW its a fixed price per kwh (much smaller installations)
ROC is based on the buyout price per ROC. Solar was worth 0.8/ROC/Mwh - So they get the buyout price c£64/MWh*0.8(2024) + whatever they can sell the leccy for + possible a REGO fee as well.
CfD are effectively a top up mechanism which assumes the generator has earnt the average market price (IMRP) in its own commercial arrangement for sale of leccy and the balance is a top up to the strike price. In 2012 prices AR6 went for 50/MWh so c70/MWh in todays prices.
ROC is the money spinner but they are on a 20yr contract and some of NESF assets expire from 2027 i recollect. |
Would anyone be able to explain how the Gov subsidies work?Is it a fix payment agreed?Is it linked to generation? So an amount per kWh generated?Is it linked to revenue so they match what the energy is sold for for example?Also I'm assuming there is an inflation linked increase? |
indeed - NESF is more entrepreneurial and a solar developer, with a global asset base including US, which builds its assets from scratch and sometimes trades/churns the protfolio ("capital recycling program"). BSIF does not develop but only buys and operates solar assets (so more of an asset gatherer than developer), with 100% UK assets, so runs a less risky strategy - no risk of failure or endless delays of a new development. I hold both and see the 2%+ risk premium in div yld for NESF over BSIF as fair value. |
Any views on how NESF compares to Bluefield Solar? NESF higher yielding but Bluefield more solid? |
If you say so. |
Yes thats a problem for the powers that be with miliband in charge lord knows what will happen nothing good I believe great british energy madness is all I can say giving that twit millions to waste, But my problem is the 8.4p dividend will it continue and all things being equal I think it will at a 12.9% yield looking decent value at todays price. |
Renewables have their place, but wind and solar are not productive when the weather is calm and cloudy for extended periods, beyond the practical capacity of batteries. Modern combined-cycle gas turbines are very efficient and cheap to run when gas supply is abundant. However, their embedded capital is wasted if they are forced to idle for much of the time because the grid is swamped with production from government-boosted wind and solar schemes. The combined government action of throttling gas supply and supporting the build of renewables makes gas-fuelled power a poor investment.
The net effect of “green” policies is to make power supplies ever more precarious. |
Nickel, yep but if they withdraw new subsidy rounds the investment in renewables will soon dry up.
Just look at the last round of offshore wind when the subsidies issued were not high enough. Not one bid received. |
Subsides will progressively fall away as the ROCs or CfDs come to the end of each sites agreement. |
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
Hot Features
Premium
