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Greencoat UK Wind PLC

Market:
LSE
Market Cap:
£2.19 billion
Price
144.40 GBX
Change
0.28%
52 weeks high
155.00
52 weeks low
133.40

In brief

Greencoat UK Wind invests in operating UK wind farms to provide shareholders with a sustainable and transparent income stream through an annual dividend on the issue price of 100p (6.94p for 2019). Given the nature of the Company's income streams, the board has increased and intends to continue to increase the dividend in line with retail price index (RPI) inflation. The Company also aims to preserve capital on a real basis by reinvesting excess cashflow in additional operating UK wind farms, and through prudent use of portfolio leverage.