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USF Us Solar Fund Plc

0.445
0.00 (0.00%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Us Solar Fund Plc USF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.445 08:00:07
Open Price Low Price High Price Close Price Previous Close
0.455 0.445 0.465 0.445 0.445
more quote information »

Us Solar USF Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
30/09/2024InterimUSD0.005610/10/202411/10/202429/10/2024
22/05/2024InterimUSD0.005613/06/202414/06/202405/07/2024
25/03/2024InterimUSD0.015404/04/202405/04/202430/04/2024
30/11/2023InterimUSD0.015407/12/202308/12/202329/12/2023
28/09/2023InterimUSD0.012905/10/202306/10/202327/10/2023
30/05/2023InterimUSD0.012915/06/202316/06/202307/07/2023
27/03/2023InterimUSD0.015206/04/202311/04/202328/04/2023
21/11/2022InterimUSD0.015215/12/202216/12/202206/01/2023
26/09/2022InterimUSD0.012706/10/202207/10/202221/10/2022
25/05/2022InterimUSD0.012716/06/202217/06/202208/07/2022
24/03/2022InterimUSD0.01507/04/202208/04/202229/04/2022
23/11/2021InterimUSD0.01516/12/202117/12/202107/01/2022
20/09/2021InterimUSD0.012507/10/202108/10/202129/10/2021
20/05/2021InterimUSD0.012510/06/202111/06/202102/07/2021
16/03/2021InterimUSD0.00525/03/202126/03/202112/04/2021
03/12/2020InterimUSD0.00521/01/202122/01/202112/02/2021
16/09/2020InterimUSD0.00529/10/202030/10/202020/11/2020
20/05/2020InterimUSD0.00523/07/202024/07/202014/08/2020
04/03/2020InterimUSD0.00530/04/202001/05/202022/05/2020
19/12/2019InterimUSD0.00516/01/202017/01/202007/02/2020

Top Dividend Posts

Top Posts
Posted at 20/6/2024 23:00 by 2wild
Hi, cynicalsteve. I hold ticker usf in my SIPP and get dividends and the capital return paid in US Dollars. 22% at Barclay seems amazing. The best thing I ever did was electronically transfer my Halifax Dealing account to interactive investor. the whole process took just under 2 weeks. The service is better and a lot cheaper. Soon afterwards I transferred my Isa.
Now pay £3.99 commission. Plus commission free regular monthly investing.
Posted at 16/6/2024 08:55 by cynicalsteve
That's a very good outcome 2wild, hope mine is similar. I'm still waiting for news from Barclays and Halifax.
The sale of 24+ million USF shares is listed on the LSE website for 13th June, I hold USFP but I don't see how that would make any difference. Do you hold USF or USFP?
Posted at 14/6/2024 19:49 by 2wild
USF tendered 7.33% of shares in issue at US 76.4c. I Tendred 100% and have been allocated 13.45% with interactive investors. Very happy as 60% above my average price.

Getting just ober 21% of my investment back, whilst retaining 86.55% of my holding. I 've also received good dividends. Pity they have now cut dividend amount. Market not too concerned as now sustainable.
Posted at 18/12/2023 16:00 by hugepants
Yes not bad.
Would like to see some clarity on dividend going forward though.
Posted at 11/12/2023 08:31 by jonwig
Looking at Ecofin US Renewables Infrastructure Trust [RNEP} that one is also having operational problems, and has decided to wind up and return capital to shareholders.

USF is by no means an outlier.
Posted at 10/12/2023 22:57 by hugepants
NAV and dividend update for Q3 announced on 30 Nov.
Posted at 28/9/2023 07:13 by hugepants
Divi maintained and NAV down 11%. So 9.2% yield and 28% discount to NAV
Posted at 06/9/2023 14:25 by hugepants
At the risk of getting completely drowned out here amidst the relentless posts I bought some of the sterling denominated a bit higher up. On the face of it yield is 9.1% and discount is 35%

However it sounds like the dividend and NAV will be cut at next results this month. Question is by how much?


On the positive side they are going to implement a share buyback.
Posted at 14/5/2023 05:47 by jonwig
Sale process abandoned.

QD comment: [“It is always encouraging to see boards proactively trying to improve shareholder value; it is a key reason for why they exist in the first place.

However, while acknowledging USF has developed a persistent discount (it has been on a downward trajectory since 2022), we have struggled to understand why the board was considering throwing in the towel at this stage.

The US renewables market is well established and well understood and the US solar sector is also facing clear, near-term tailwinds thanks to a renewed focus on renewables under the current administration – President Biden’s inflation reduction act offers some US$370bn in renewable tax credits, and funds such as USF should be well positioned to benefit from this.

The board says that the discount reflects recent difficulties in the US solar sector, which is possibly why it has struggled to find private buyers willing to pay above the market price for USF’s assets currently. Given this, we are pleased to see that USF is off the market for now.

We think the board should now focus its efforts on getting the message out about the scale of the opportunity in the US and making investors aware of USF, which should hopefully help bring down its discount in time.”]
Posted at 27/3/2023 06:26 by jonwig
FY results look fine, though nav making no progress;



This is the bit I'm interested in:

· In October 2022, USF's Board announced that it was undertaking a strategic review of the options available to the Company to maximise value for shareholders (Strategic Review) and that it expected to conclude the Strategic Review by the end of Q1 2023. The Strategic Review is considering all options available to the Company including a sale of the entire Company, a sale of the Company's portfolio assets, or changing the Company's investment management arrangements.

· Since the Strategic Review commenced the Board and its advisors have engaged with a significant number of parties and, following receipt of indicative proposals, have shortlisted several parties who have proceeded to the next phase of the Strategic Review process. In order to provide the shortlisted parties with the requisite time to finalise their due diligence and submit binding proposals, the Board now expects to update shareholders on the Strategic Review within the next six to eight weeks.
Closing the nav gap would be enough for me.

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