21st Dec 2021 14:28
Ecofin Global Utilities & Infrastructure Trust PLC - utility and infrastructure equity investment - Says net assets as at September 30 amounted to GBP196.5 million, up 26% from GBP156.4 million the year before. Net asset value per share at September 30 increased 19% to 195.11p from 164.60p the year prior. Attributes the growth to successful stock selection, increased equity markets due to the vaccine rollout, and geographical diversification. States dividends in the year totalled 6.60p, a slight increase from 6.55p the year prior. Revenue return in the year improved 20% to 5.98p from 4.97p. Notes underperformance of its "clean and green" equities. Says it is still confident in future growth despite headwinds.
Current stock price: 194.00 pence, up 1.2% on Tuesday
Year-to-date change: Up 3.5%
By Abby Amoakuh; [email protected]
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