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LSE:UKW

Greencoat UK Wind PLC

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Market:
LSE
Price
137.90 GBX
Day Change
0.80%
Market Cap:
£3.17 b
52 weeks high
1455.00
52 weeks low
127.30

In brief

Greencoat UK Wind PLC invests in operating UK wind farms to provide shareholders with a sustainable and transparent income stream through an annual dividend.

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.

Greencoat 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.

Snapshot

  • Greencoat UK Wind takes dividend payouts above one billion
  • Greencoat UK Wind seals position as leading pure-play British wind power provider
  • Greencoat UK Wind discount can narrow, says Stifel
  • Greencoat UK Wind focuses on capital allocation following strong 2023 performance