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Pin to quick picksEcofin U.s. $ Regulatory News (RNEW)

Share Price Information for Ecofin U.s. $ (RNEW)

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Market Cap: $23.47m
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Dividend Declaration

2 Nov 2023 10:09

RNS Number : 2051S
Ecofin US Renewables Infrastr.Trust
02 November 2023
 

2 November 2023

 

 

ECOFIN U.S. RENEWABLES INFRASTRUCTURE TRUST PLC

(the "Company")

 

Dividend Declaration

 

The Board of Ecofin U.S. Renewables Infrastructure Trust PLC is pleased to declare an interim dividend in respect of the period from 1 July 2023 to 30 September 2023 of 0.7 cents per Ordinary Share, payable on 30 November 2023 to shareholders on the register on 10 November 2023. The ex-dividend date will be on 9 November 2023.

As announced on 7 August 2023, the Board expects the Company's dividend for the quarter ending 31 December 2023 to remain at a reduced level of 0.70 cents per share. Taken together with the dividends declared for the quarters ended 30 September 2023, 31 March 2023 and 30 June 2023, this would equate to a dividend target of 3.5 cents per share for the 2023 financial year*.

 

* The dividend targets stated in this announcement are targets only and not profit forecasts. There can be no assurance that these targets will be met, or that the Company will make any distributions at all and they should not be taken as an indication of the Company's expected future results. The Company's actual returns will depend upon a number of factors, including but not limited to the Company's net income and level of ongoing charges. Accordingly, potential investors should not place any reliance on these targets and should decide for themselves whether or not the target dividend is reasonable or achievable.

 

 

For further information, please contact:

 

Ecofin Advisors, LLC (Investment Manager)

Edward Russell

Eileen Fargis

Jason Benson

Michael Hart

 

 

+1 913 981 1020

Peel Hunt LLP (Joint Corporate Broker)

Liz Yong

Luke Simpson

Huw Jeremy

 

+44 20 7418 8900

 

Stifel (Joint Corporate Broker)

Edward Gibson-Watt

Rajpal Padam

Madison Kominski

 

+44 20 7710 7600

Apex Listed Companies Services (UK) Limited (Company Secretary)

Martin Darragh

Maria Matheou

+44 20 3327 9720

Further information on the Company can be found on its website at https://uk.ecofininvest.com/funds/us-renewables-infrastructure-trust-plc/.

 

The Company's LEI is 2138004JUQUL9VKQWD21.

 

 

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