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LONDON - SDCL Energy Efficiency Income Trust plc (SEEIT) has declared a third quarterly interim dividend of 1.58 pence per ordinary share for the financial year ending March 31, 2025. This dividend is supported by the net operational cash received from the company’s investments.
Shares of SEEIT will become ex-dividend on March 13, 2025, and the dividend is scheduled for payment on March 31, 2025, to all shareholders registered by the close of business on March 14, 2025.
SEEIT, a FTSE 250 constituent, is recognized as the first UK listed company to focus exclusively on the energy efficiency sector. Its diversified portfolio spans projects in North America, the UK, and Europe, including cogeneration assets in Spain, solar and storage projects in the United States, and a regulated gas distribution network in Sweden, among others.
The company has set a target dividend of 6.32 pence per share for the financial year to March 31, 2025. SEEIT’s investment strategy is geared towards delivering shareholder value through investments in energy efficiency projects that aim to offer lower cost, cleaner, and more reliable energy solutions to end users.
The investment manager for SEEIT is Sustainable Development Capital LLP (SDCL), a firm with a strong track record in energy efficiency and decentralized generation projects. SDCL operates globally with a presence in the UK, North America, Europe, and Asia, and is regulated by the UK’s Financial Conduct Authority.
SEEIT’s last reported Net Asset Value (NAV) was 90.6p per share as of September 30, 2024. The company emphasizes that past performance is not indicative of future results.
This dividend announcement is grounded in the company’s continued focus on delivering stable returns to its shareholders through its strategic investments in the energy efficiency sector. The information is based on a press release statement from SDCL Energy Efficiency Income Trust plc.
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