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Dividend hunting in the Renweables/Intrastructure sectors

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vand
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Dividend hunting in the Renweables/Intrastructure sectors

#662209

Postby vand » April 30th, 2024, 7:51 pm

Lots of high dividends to be found in Renewables and infrastructure right now, as I'm sure HYPers are aware, although the sector is not without its risks.

Found this good primer here:
https://www.youtube.com/watch?v=KjVk7hIm8Fk

I currently hold NESF, FSFL, BSIF & SEQI for my HYP. Mulling on adding another holding or two.

clissold345
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#662212

Postby clissold345 » April 30th, 2024, 8:19 pm

There are threads for Greencoat UK Wind (UKW) and Gore Street Energy Storage Fund (GSF) on the "Company Share News (LSE Main Market)" board.

NearlyThere
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664277

Postby NearlyThere » May 14th, 2024, 3:04 pm

vand wrote:Lots of high dividends to be found in Renewables and infrastructure right now, as I'm sure HYPers are aware, although the sector is not without its risks.

Found this good primer here:
https://www.youtube.com/watch?v=KjVk7hIm8Fk

I currently hold NESF, FSFL, BSIF & SEQI for my HYP. Mulling on adding another holding or two.


Thanks for the link. I doubled up my NESF holding today, I hope it's not good money after bad.

vand
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664286

Postby vand » May 14th, 2024, 3:29 pm

Yah, I bought into JLEN today.

The sector has had a wee rally over the last few weeks, but still very cheap. I'm fairly overweight on these plays - most importantly the dividends appear reliable and predictable.

It's reassuring to know that the discount to NAVs have been across the board, rather than problems with any particular fund. I've followed all my holdings very closely and I think that they're all very well run and governed.

vand
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664535

Postby vand » May 16th, 2024, 11:30 am

NESF announced an intended 8.43p dividend for the next year - I make that a 12.1% jump in the dividend.

No buybacks, unlike it's peers BSIF and FSFL.

I'm dead chuffed with that tbh. Like I said I think the sector is ridiculously undervalued..

vand
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664542

Postby vand » May 16th, 2024, 11:50 am

vand wrote:NESF announced an intended 8.43p dividend for the next year - I make that a 12.1% jump in the dividend.

No buybacks, unlike it's peers BSIF and FSFL.

I'm dead chuffed with that tbh. Like I said I think the sector is ridiculously undervalued..


Oops, sorry disregard this, that is an increase from last year to next year, not from current year to next, sadly. It's actually just a 1% increase

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664851

Postby bruncher » May 18th, 2024, 9:22 pm

vand wrote:Yah, I bought into JLEN today.

The sector has had a wee rally over the last few weeks, but still very cheap. I'm fairly overweight on these plays - most importantly the dividends appear reliable and predictable.

It's reassuring to know that the discount to NAVs have been across the board, rather than problems with any particular fund. I've followed all my holdings very closely and I think that they're all very well run and governed.


I've been looking at JLEN again recently. One thing I find puzzling about their documentation and 'fact sheets' is that I can't see a simple list of assets by size i.e. top 10 or top 20 holdings. I've looked on the JLEN site and the AIC site.

vand
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664896

Postby vand » May 19th, 2024, 11:53 am

bruncher wrote:
vand wrote:Yah, I bought into JLEN today.

The sector has had a wee rally over the last few weeks, but still very cheap. I'm fairly overweight on these plays - most importantly the dividends appear reliable and predictable.

It's reassuring to know that the discount to NAVs have been across the board, rather than problems with any particular fund. I've followed all my holdings very closely and I think that they're all very well run and governed.


I've been looking at JLEN again recently. One thing I find puzzling about their documentation and 'fact sheets' is that I can't see a simple list of assets by size i.e. top 10 or top 20 holdings. I've looked on the JLEN site and the AIC site.


I found it fairly easily here:
https://jlen.com/portfolio/

expand where it says "Click here to see Investment portfolio summary"

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664908

Postby richfool » May 19th, 2024, 1:09 pm

I've long held JLEN within the sector, particularly because of its diversity of energy sources, (solar, wind, biomass, water, etc).

I also hold: BSIF, NESF and GRID, all predominantly for dividend yield. Of those, I topped up NESF a few weeks back to capitalise on its now higher yield, large discount and diversity.

I am hopeful of recovering SP's, if, as and when interest rates start to fall back. I understand another challenge for the sector is gaining access to the (National) Grid.

Accepted, with hindsight, I may have a little too much exposure to the sector.

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#664992

Postby bruncher » May 20th, 2024, 1:22 pm

vand wrote:
bruncher wrote:
I've been looking at JLEN again recently. One thing I find puzzling about their documentation and 'fact sheets' is that I can't see a simple list of assets by size i.e. top 10 or top 20 holdings. I've looked on the JLEN site and the AIC site.


I found it fairly easily here:
https://jlen.com/portfolio/

expand where it says "Click here to see Investment portfolio summary"


I can find a breakdown by sector, but not an overall top twenty.

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665072

Postby vand » May 21st, 2024, 9:28 am

bruncher wrote:
vand wrote:
I found it fairly easily here:
https://jlen.com/portfolio/

expand where it says "Click here to see Investment portfolio summary"


I can find a breakdown by sector, but not an overall top twenty.



You have them all listed there, you can sort them yourself. It doesn't make much sense to order purely by size as different renewables will have differing economies of scale as the technology depending on the maturity of the technology

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665096

Postby bruncher » May 21st, 2024, 2:01 pm

vand wrote:
bruncher wrote:
I can find a breakdown by sector, but not an overall top twenty.



You have them all listed there, you can sort them yourself. It doesn't make much sense to order purely by size as different renewables will have differing economies of scale as the technology depending on the maturity of the technology


It seems to me reasonable that a fund should list where the most significant chunks of its capital are committed.

richfool
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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665100

Postby richfool » May 21st, 2024, 2:35 pm

NearlyThere wrote:
vand wrote:Lots of high dividends to be found in Renewables and infrastructure right now, as I'm sure HYPers are aware, although the sector is not without its risks.

Found this good primer here:
https://www.youtube.com/watch?v=KjVk7hIm8Fk

I currently hold NESF, FSFL, BSIF & SEQI for my HYP. Mulling on adding another holding or two.


Thanks for the link. I doubled up my NESF holding today, I hope it's not good money after bad.


Note NESF goes ex dividend on 24th May 2024.

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665162

Postby AJC5001 » May 21st, 2024, 8:31 pm

richfool wrote:Note NESF goes ex dividend on 24th May 2024.


Nearly - it's actually 23rd May. ;)

"The interim dividend of 2.09 pence will be paid on 28 June 2024 to shareholders on the register as at the close of business on 24 May 2024. The ex-dividend date is 23 May 2024."
https://www.investegate.co.uk/announcement/rns/nextenergy-solar-fund-limited-red--nesf/interim-dividend-declaration/8197052

Adrian

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665210

Postby richfool » May 22nd, 2024, 10:13 am

AJC5001 wrote:
richfool wrote:Note NESF goes ex dividend on 24th May 2024.


Nearly - it's actually 23rd May. ;)

"The interim dividend of 2.09 pence will be paid on 28 June 2024 to shareholders on the register as at the close of business on 24 May 2024. The ex-dividend date is 23 May 2024."
https://www.investegate.co.uk/announcement/rns/nextenergy-solar-fund-limited-red--nesf/interim-dividend-declaration/8197052

Adrian

Yes, sorry, I sometimes write ex div alerts in my diary a day or two before, deliberately, in case I want to top up before the ex div date, In this case I forgot to adjust the actual date when I posted above. In fact I added NESF to my wife's pf yesterday, instead of my pf, as I had topped up my holding in April.

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Re: Dividend hunting in the Renweables/Intrastructure sectors

#665218

Postby vand » May 22nd, 2024, 11:03 am

Any views on ORIT? They're almost giving this thing away if the 32% NAV discount is anything to go by

I like the idea of their diversifcation, but they look like one of the worst performing plays amongst their peers, currently sinking to all time lows while the others have bounced (some quite well). Tasty 8.8% dividend now, mind.


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