richfool wrote:BBB, I've just been having a look at GSF, which I was attracted to because of its involvement with energy storage projects. However, according to HL the yield is (only) 3.00% and its already moved to a premium of 7.81%. (SP: 97.5/100p). So I don't feel particularly enthusiastic about buying it with the dividend yield as low as that. (Noted that you bought in at an earlier point at a discount and with a lower SP).
When they launched, RichFool, they announced a target dividend of 7 pence per share in the second and subsequent years. We are now in that second year and they have not changed that target. This from an RNS on 11th September
The Board of Directors (the "Board") of Gore Street Energy Storage Fund plc (ticker: GSF) has today declared an interim dividend of 2.0 pence per ordinary share for the period 1 April 2019 to 30 June 2019
The dividend will be paid on or around 18 October 2019 to shareholders on the register on 20 September 2019. The ex-dividend date will be 19 September 2019.
The Company is targeting an aggregate dividend of 7.0 pence per share for the period 1 April 2019 and 30 March 2020.
This also implies a quarterly dividend as this one was for a 3 month period and the yield is now 7% on the offer price.
I should point out that I am considering selling mine unless there is more good news from the Irish Government tie up or the National Grid comes on board.