Sdcl Energy Efficiency I... Dividends - SEIT

Sdcl Energy Efficiency I... Dividends - SEIT

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Stock Name Stock Symbol Market Stock Type
Sdcl Energy Efficiency Income Trust Plc SEIT London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
1.00 0.88% 115.00 16:35:11
Open Price Low Price High Price Close Price Previous Close
113.00 113.00 114.50 115.00 114.00
more quote information »
Industry Sector

Sdcl Energy Efficiency I... SEIT Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

jonwig: Incidentally, the results from SEEIT Holdco will be interesting when they finaaly arrive at Companies' house. In the last full year, interest: dividend income was about 4:3.
jonwig: H1 results look much in line with expectations: Large share price premium makes it vulnerable, maybe, as NAV isn't exactly bouncing ahead. EDIT: a live presentation relating to the Company's Interim Results for the six-month period ended 30 September 2021 via the Investor Meet Company platform on 14th Dec 2021 at 10:30am GMT. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9am the day before the meeting or at any time during the live presentation. Investors can sign up to Investor Meet Company for free to meet SDCL ENERGY EFFICIENCY INCOME TRUST PLC via:
igoe104: Still waiting for my dividend payment from Yesterday.
jonwig: Results, year to 31/03: A very sound company, but whopping premium to 102.5p NAV - that could be vulnerable. Dividends of 5.62p targeted for year to 03/22.
gateside: Holding up well. As it went ex dividend today.
rik shaw: Dividend declaration 'SDCL Energy Efficiency Income Trust plc is pleased to announce the fourth quarterly interim dividend in respect of the three month period ended 31 March 2021 of 1.375 pence per Ordinary Share (which brings the aggregate interim dividends equivalent to 5.5 pence per Ordinary Share for the year ended 31 March 2021). The shares will go ex-dividend on 10 June 2021 and the dividend will be paid on 30 June 2021'
jonwig: Investment in EV charging networks (EVN): Logical move for hem. Incidentally, I read that home charging was likely to be several times cheaper than forecourt or car-park charging. Great if you can fit and use one.
rik shaw: Interim Dividend SDCL Energy Efficiency Income Trust plc is pleased to announce the third quarterly interim dividend in respect of the three month period ended 31 December 2020 of 1.375 pence per Ordinary Share. The shares will go ex-dividend on 11 March 2021 and the dividend will be paid on 31 March 2021 to shareholders on the register as at the close of business on 12 March 2021. Target Dividend Forward Guidance Having reviewed with the Investment Manager the future cash flow projections from the Company's current portfolio in the near and medium term, the Board is pleased to report that the Company will target an annual dividend of 5.62 pence per Ordinary Share for the 12 month period commencing 1 April 2021 and a progressive dividend thereafter*. The annual dividend target will continue to be paid in equal quarterly instalments.
jonwig: bathcoup - the accounting is a bit complex, but basically when SEIT invests in an operating company it takes a share stake (could be 100%) and also lends money. Hence it gets dividends and interest. This is quite common with VCTs: the share stake gets a share of potential upside, whilst the loan could be used to protect the downside (claim on assets). It could well be that dividend income is steady because investee companies agreed to pay a fixed dividend (if possible) for a set time. And it is the cash income you were hoping for. SEIT itself doesn't own the operating projects, it holds 100% of "Holdco" which in turn holds the projects. I don't know why it uses such a structure, but I don't think it's uncommon. I hope that makes you a bit more comfortable. As I said, I'm guilty of not paying much attention to the results!
bathcoup: (all in £'000) Investment income 19,359 Dividend income 3,500 Bank interest received 27 Gain on investment at fair value through profit or loss 14,940 Loan interest income 892 The main part of Investment income is valuation gain. Fair enough (Share holders, by definition, must trust the Investment Manager). I'm puzzled by "Loan interest income" and "Dividend income". Loan interest income 892 is paid to the company by the Holdco, the Company's single wholly owned subsidiary. This is silly (Hope I'm wrong). Dividend income 3,500. What is this. I was hoping to see some kind of cash income from invested projects. Note it's a round figure. It was also a round figure for the Period ended 30 September 2019. I don't assume they're plucked out of thin are. I don't have difficulty with "Bank interest received" but until I feel comfortable with other items I won't invest in SEIT.
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