from Edison Investment Research Limited (LON:KEFI)
Edison issues report on SDCL Energy Efficiency Income Trust (SEIT)
Edison Investment Research Limited
London, UK, 5 December 2024
Edison issues report on SDCL Energy Efficiency Income Trust (SEIT) Edison issues report on SDCL Energy Efficiency Income Trust (LSE: SEIT). SDCL Energy Efficiency Income Trust (SEEIT) reported robust H125 results. Its net asset value (NAV) increased marginally to 90.6p (90.5p at 31 March 2024), demonstrating resilience and stability despite the challenging market conditions. NAV was positively affected by portfolio valuation changes, but offset by FX movements. SEEIT paid a dividend of 3.16p in the six-month period (31 March to 30 September), 1.1x covered by cash inflows. Management also stated that the company is on track to deliver its FY25 dividend target of 6.32p (while maintaining its fully covered status). Based on the current share price, SEEIT offers a c 12% dividend yield and trades at a significant discount to NAV of c 43%. Click here to read the full report. All reports published by Edison are available to download free of charge from its website Edison is authorised and regulated by the Financial Conduct Authority. Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities. For more information, please contact Edison: Connect with Edison on:
LinkedIn www.linkedin.com/company/edison-group-/ YouTube www.youtube.com/edisonitv Dissemination of a CORPORATE NEWS, transmitted by EQS Group. |
2045213 05-Dec-2024