There is a lot of news in the Investable sector, as soon as the prices start to rise, more negative news is released.

Some of the news that will affect the current yields is years away and there is still to be seen news released by the companies on how the current oil price will boost their income. With the fcast higher electricity prices someone, somewhere must be benefitting.

Because of the high yields the SNOWBALL is overweight in renewables, starting with the current cash of £944 and future dividends will be re-invested in a different sector of the Investment Trust World.

Property would be of interest but that again depends on the oil price and the future direction of interest rates.

CMPI would be of interest if the price fell and therefore the yield rose above the current 6%, one of the safer dividends in the Investment Trust Universe.

The next fcast dividend for NESF

NextEnergy Solar Fund – Update from QuotedData
12 March 2026

New focus on total returns


Following its strategic review, NextEnergy Solar Fund ‘s (NESF’s) board plans to
refocus on delivering both income and capital growth, aiming for long-term total
returns of 9%-11%. This year’s dividend target of 8.43p will be met, but future
dividends will be set at 75% of operating free cashflows after debt and expenses.

For the year ending 31 March 2027 (FY27), the estimated dividend range is 4.0p-4.6p.
Lowering the dividend should release around £40m over five years, which will be used to strengthen the balance sheet, with a loan-to-value (LTV) target of 40%-45%, and fund new investments to grow NAV. Plans include upgrading existing solar assets and adding energy storage, with a goal for storage to make up 30% of the portfolio.

The next dividend is fcast at 2.11p.

The fcast future yield would still be above 8.5%.

It’s an intriguing situation as will the current oil price, mean more profits in the short term and will the negative news deter new developments making the current assets worth more. There is only one way to find out.