NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial. It invests in solar power plants. The fund may also acquire selected building-integrated installations. It invests in electric power by solar energy and independent power producers and energy traders. It seeks to invest in the United Kingdom. It will typically seek to acquire sole ownership, but may enter into joint ventures or acquire majority interests. Where an interest of less than 100 percent in a particular asset is acquired, the fund intends to secure controlling shareholder rights through shareholders' agreements or other legal arrangements. The fund will not invest more than 30 percent of the gross asset value in any one project. In case of under developed assets it will not invest more than 10 per cent of the gross asset value. It may invest by way of equity or a mix of equity and shareholder loans.
NextEnergy Solar Fund Dividend Announcement
• NextEnergy Solar Fund announced a quarterly dividend of £2.10 per ordinary share which will be made payable on 2024-09-30. Ex dividend date: 2024-08-15
• NextEnergy Solar Fund annual dividend for 2024 was £6.28
• NextEnergy Solar Fund annual dividend for 2023 was £7.93
• NextEnergy Solar Fund's trailing twelve-month (TTM) dividend yield is 11.23%
• NextEnergy Solar Fund's payout ratio for the trailing twelve months (TTM) is -681.39%
• NextEnergy Solar Fund's dividend growth over the last five years (2018-2023) was 3.95% year
NextEnergy Solar Fund Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-08-15 | £2.10 | quarterly | 2024-09-30 |
2024-05-23 | £2.09 | quarterly | 2024-06-28 |
2024-02-15 | £2.09 | quarterly | |
2023-11-16 | £2.09 | quarterly | 2023-12-29 |
2023-08-17 | £2.08 | quarterly | 2023-09-29 |
2023-05-18 | £1.88 | quarterly | 2023-06-30 |
2023-02-16 | £1.88 | quarterly | 2023-03-31 |
2022-11-17 | £1.88 | quarterly | 2022-12-30 |
2022-08-18 | £1.88 | quarterly | 2022-09-30 |
2022-05-19 | £1.79 | quarterly | 2022-06-30 |
2022-02-17 | £1.79 | quarterly | 2022-03-31 |
2021-11-18 | £1.79 | quarterly | 2021-12-31 |
2021-08-19 | £1.79 | quarterly | 2021-09-30 |
2021-05-20 | £1.76 | quarterly | 2021-06-30 |
2021-02-18 | £1.76 | quarterly | 2021-03-31 |
2020-11-19 | £1.76 | quarterly | 2020-12-31 |
2020-08-20 | £1.76 | quarterly | 2020-09-30 |
2020-05-21 | £1.72 | quarterly | 2020-06-30 |
2020-02-20 | £1.72 | quarterly | 2020-03-31 |
2019-11-21 | £1.72 | quarterly | 2019-12-31 |
2019-08-22 | £1.72 | quarterly | 2019-09-30 |
2019-05-23 | £1.66 | quarterly | 2019-06-28 |
2019-02-21 | £1.66 | quarterly | 2019-03-29 |
2018-11-15 | £1.66 | quarterly | 2018-12-28 |
2018-08-23 | £1.66 | quarterly | 2018-09-28 |
2018-05-24 | £1.60 | quarterly | 2018-06-29 |
2018-02-22 | £1.60 | quarterly | 2018-03-29 |
2017-11-16 | £1.60 | quarterly | 2017-12-29 |
2017-08-24 | £1.60 | quarterly | 2017-09-29 |
2017-05-25 | £1.58 | quarterly | 2017-06-30 |
2017-02-23 | £1.58 | quarterly | 2017-03-31 |
2016-11-17 | £1.58 | quarterly | 2016-12-30 |
2016-08-25 | £1.58 | quarterly | 2016-09-30 |
2016-07-07 | £3.12 | quarterly | 2016-07-22 |
2015-12-03 | £3.12 | quarterly | 2015-12-18 |
2015-07-09 | £2.62 | quarterly | 2015-07-30 |
2014-12-04 | £2.62 | quarterly | 2014-12-17 |
NextEnergy Solar Fund Dividend per year
NextEnergy Solar Fund Dividend growth
NextEnergy Solar Fund Dividend Yield
NextEnergy Solar Fund current trailing twelve-month (TTM) dividend yield is 11.23%. Interested in purchasing NextEnergy Solar Fund stock? Use our calculator to estimate your expected dividend yield:
NextEnergy Solar Fund Financial Ratios
NextEnergy Solar Fund Dividend FAQ
Other factors to consider when evaluating NextEnergy Solar Fund as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: NextEnergy Solar Fund's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, NextEnergy Solar Fund publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, NextEnergy Solar Fund distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from NextEnergy Solar Fund are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: NextEnergy Solar Fund sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, NextEnergy Solar Fund distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: NextEnergy Solar Fund declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of NextEnergy Solar Fund's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review NextEnergy Solar Fund's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.