Bluefield Solar Income Fund Ltd (BSIFL)

95.00p
   
  • Change Today:
    -0.023p
  • 52 Week High: 119.30
  • 52 Week Low: 95.00
  • Currency: UK Pounds
  • Shares Issued: 309.42m
  • Volume: 37,177
  • Market Cap: £293.95m

Bluefield Solar shares up despite reporting negative return

By Josh White

Date: Tuesday 04 Oct 2016

LONDON (ShareCast) - (ShareCast News) - Bluefield Solar Income Fund posted its annual report for the year to 30 June on Tuesday, with total investment income during the year of £28.02m and total underlying earnings of £20.97m.
The London-listed firm's underlying earnings per share were 7.1p, with a total declared dividend per share for the year of 7.25p.

Total comprehensive income before tax was £8.67m, with statutory earnings per share of 2.92p and a net asset value per share of 99.39p, against a share price of 99.75p.

Bluefield's total return to shareholders, based on the share price movement and dividends paid during the year, was a loss of 2.51%.

"The board is pleased to announce a strong set of results with above target earnings for the second full year of operations and an above target dividend of 7.25p per share," said chairman John Rennocks.

"The company has established a strong platform to continue to deliver solid underlying earnings and dividends over the medium to long term."

At 0928 BST, shares in Bluefield Solar Income Fund were up 0.23% at 107.25p.

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BSIFL Market Data

Currency UK Pounds
Share Price 95.00p
Change Today -0.023p
% Change -2.36 %
52 Week High 119.30
52 Week Low 95.00
Volume 37,177
Shares Issued 309.42m
Market Cap £293.95m

What The Brokers Say

Strong Buy 1
Buy 2
Neutral 1
Sell 1
Strong Sell 0
Total 5
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Trades for 21-Nov-2024

Time Volume / Share Price
16:29 1,292 @ 95.00p
16:23 487 @ 95.00p
16:22 2 @ 95.00p
16:22 763 @ 95.00p
16:08 376 @ 95.00p

BSIFL Key Personnel

Chair John Scott

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