We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Us Solar Fund Plc | LSE:USF | London | Ordinary Share | GB00BJCWFX49 | ORD USD0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.0025 | -0.54% | 0.4575 | 0.435 | 0.48 | 0.46 | 0.4575 | 0.46 | 11,261 | 16:27:53 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Trust,ex Ed,religious,charty | 19.4M | 14.5M | 0.0436 | 10.55 | 152.81M |
TIDMUSF TIDMUSFP
RNS Number : 2637H
US Solar Fund PLC
03 December 2020
3 December 2020
US SOLAR FUND PLC (USF, the "Company")
Q3 2020 Interim Dividend
US Solar Fund Plc ( LON:USF (USD) / USFP (GBP) ) is pleased to announce its Interim Dividend for the period ended 30 September 2020. The Company will pay a dividend in the amount of 0.50 cents per Ordinary Share. The dividend will be paid on 12 February 2021 to Shareholders on the register as at the close of business on 22 January 2021. The ex-dividend date is 21 January 2021.
Any such dividend payment to Shareholders may take the form of either dividend income or "qualifying interest income" which may be designated as an interest distribution for UK tax purposes and therefore subject to the interest streaming regime applicable to investment trusts. Of this dividend declared of 0.50 cents per Ordinary Share, 0.50 cents is declared as dividend income with 0.00 cents treated as qualifying interest income.
USF expects to cover the remaining 2020 dividend with operating cashflows and continues to be in a strong position to commence its 2021 annual dividend target of 5.5 cents per Ordinary Share.
This 0.50 cents per Ordinary Share dividend represents an annualised dividend yield of 2% when measured against the initial issue price of $1 per share.
For further information, please contact:
US Solar Fund Whitney V oûte +1 718 230 4329 Cenkos Securities plc Will Rogers Rob Naylor Will Talkington +44 20 7397 8900 Jefferies International Limited Stuart Klein Neil Winward Gaudi le Roux +44 20 7029 8000 KL Communications +44 20 3995 6673 Charles Gorman Charlotte Stickings JTC (UK) Limited Christopher Gibbons +44 20 3846 9774
About US Solar Fund plc
US Solar Fund plc listed on the premium segment of the London Stock Exchange in April 2019, following its successful US$200m IPO. The Company's investment objective is to provide investors with attractive and sustainable dividends with an element of capital growth by investing in a diversified portfolio of solar power assets in North America and other OECD countries in the Americas.
The Company acquires or constructs, owns and operates solar power assets that are expected to have an asset life of at least 30 years and generate stable and uncorrelated cashflows by selling electricity to creditworthy offtakers under long-term power purchase agreements (or PPAs).
Further information on the Company can be found on its website at http://www.ussolarfund.co.uk .
About the Investment Manager
USF is managed by New Energy Solar Manager (NESM). NESM also manages New Energy Solar, an Australian Securities Exchange (ASX)-listed fund which has committed over US$900m to US and Australian solar plants since late 2015.
NESM is owned by E&P Funds, the funds management division of E&P Financial Group, an ASX listed company (ASX: EP1) with over A$20 billion of funds under advice.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
DIVUUURRRAUURAA
(END) Dow Jones Newswires
December 03, 2020 02:00 ET (07:00 GMT)
1 Year Us Solar Chart |
1 Month Us Solar Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions