I’ve bought some more shares for the portfolio, even though the price
could continue to fall as it’s xd next week. The portfolio has avoided the
worst of the Trust’s falls but as the price falls the yield rises and vice versa so it’s a risk on trade.
The Trust has a buy back programme in place which could help to arrest the the shares freefall.
Commenting on the results, Alexander Ohlsson, Chairman of Foresight Solar, said:
“Foresight Solar delivered resilient performance with record electricity production and cash distribution against a challenging market backdrop. Our operational strength, the powerhouse behind our progressive dividend, enabled us to comfortably meet our dividend target of 7.55p per share for 2023 and allows us to propose an above inflation increase of 6.0% for the 2024 target dividend of 8.0p per share.
Thank you for sharing such valuable information!