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Alliance News) - Greencoat UK Wind PLC on Friday said its net asset value rose year-on-year and upped its fourth quarter dividend.
The wind farms investor's net asset value at December 31, its year end, was 32% higher annually at GBP1.84 billion from GBP1.39 billion. Per share however, net asset value was 1.4% lower year-on-year at 121.4 pence from 123.1p.
Greencoat UK Wind shares were 0.1% higher at 139.35 pence each in London on Friday morning.
At the end of 2019, the company had 1.51 billion shares in issue, compared with 1.13 billion the year prior.
The company upped its fourth quarter dividend by 2.7% to 1.735p per share from 1.69p.
By Eric Cunha; ericcunha@alliancenews.com
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