Octopus Renewables Infrastructure Trust (ORIT)

Sector:

Investment Firms

Index:

FTSE 250

68.90p
   
  • Change Today:
    -0.80p
  • 52 Week High: 102.00
  • 52 Week Low: 67.80
  • Currency: UK Pounds
  • Shares Issued: 564.93m
  • Volume: 3,734,540
  • Market Cap: £389.24m
  • RiskGrade: 98

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-20
Q1 Dividend1.44p1.31p1.25pn/a
Q2 Dividend1.45p1.31p1.25pn/a
Q3 Dividend1.45p1.31p1.25p1.06p
Q4 Dividend1.45p1.31p1.25p1.06p
Total Dividend5.79p5.24p5.00p3.18p
For more dividend details, click here

Fundamentals

  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Turnover 42.69 40.31 31.83 15.48
Operating Profit/(Loss) 37.22 34.94 27.88 12.66
Net Interest n/a n/a n/a n/a
Profit Before Tax 37.22 34.94 27.88 12.66
Profit After Tax 36.86 34.43 n/a 12.44
Total Dividend Paid n/a n/a n/a n/a
Retained Profit/(Loss) for the Financial Year 36.86 34.43 n/a 12.44
Earnings per Share - Basic 6.52p 6.09p 6.65p 4.07p
Earnings per Share - Diluted 6.52p 6.09p 6.65p 4.07p
Earnings per Share - Adjusted 6.52p 6.09p 6.65p 4.07p
Dividend per Share 5.79p 5.24p 5.00p 3.16p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Fixed Assets        
Intangible Assets n/a n/a n/a n/a
Tangible Assets n/a n/a n/a n/a
Fixed Investments 592.12 608.80 485.42 258.68
  592.12 608.80 485.42 258.68
Current Assets        
Stocks n/a n/a n/a n/a
Debtors 0.14 0.77 0.45 0.13
Cash at Bank & in Hand 10.01 10.60 93.95 87.18
Other Current Assets n/a n/a n/a n/a
         
Other Assets n/a n/a n/a n/a
Total Assets 602.28 620.18 579.81 345.99
         
Liabilities        
Creditors: Amount Due Within 1 Year 3.24 1.92 n/a 2.07
Net Current Assets 6.92 9.46 n/a 85.25
         
Creditors: Amount Due Over 1 Year n/a n/a 2.12 n/a
Provisions for Liabilities & Charges n/a n/a n/a n/a
Other Liabilities n/a n/a n/a n/a
Total Liabilities 3.24 1.92 2.12 2.07
         
Net Assets 599.04 618.26 577.69 343.93
         
Capital & Reserves        
Called Up Share Capital 5.65 5.65 5.65 3.50
Share Premium Account 217.28 217.28 217.28 n/a
Other Reserves 353.26 377.42 342.01 335.40
Profit & Loss Account 22.85 17.91 12.75 5.02
Shareholders Funds 599.04 618.26 577.69 343.93
         
Minority Interests n/a n/a n/a n/a
Capital Employed 599.04 618.26 577.69 343.93
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
Net Cash Flow From Operating Activities 36.91 29.91 20.30 11.32
Returns On Investment & Servicing of Finance n/a n/a n/a n/a
Taxation Paid n/a n/a n/a n/a
Capital Expenditure (5.58) (83.58) (212.52) (259.71)
Acquisitions & Disposals n/a n/a n/a n/a
Equity Dividends Paid n/a n/a (20.46) n/a
Management of Liquid Resources n/a n/a n/a n/a
Financing (31.92) (29.67) 219.43 335.58
Net Increase/Decrease In Cash (0.59) (83.34) 6.76 87.18
Ratios 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20
PE Ratio 13.8 16.4 16.7 27.7
PEG 2.0 n/a 0.3 n/a
EPS Growth 7% -8% 63% n/a
Dividend Yield 6.4% 5.2% 4.5% 2.8%
Dividend Cover 1.13 1.16 1.33 1.29
Dividend per Share Growth 10.50% 4.80% 58.41% n/a
Operating Cashflow Per Share 6.53p 5.29p 3.59p n/a
Pre-tax Profit per Share 6.59p 6.18p 0.050p 2.24p
Cash Increase / Decrease per Share (0.10p) (14.75p) 0.012p 15.43p
Turnover per Share 7.56p 7.13p 0.057p 2.74p
Net Asset Value per Share 106.04p 109.44p 102.26p 60.88p
Operating Margin 87.18% 86.69% 87.58% 81.79%
ROCE 6.21% 5.65% 0.05% 3.68%
Net Gearing n/a n/a n/a n/a

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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