Foresight Environmental Infrastructure declares final dividend of 1.95p per share

DividendMax Ltd.

Foresight Environmental Infrastructure declares final dividend of 1.95p per share

During the year, Foresight paid a final dividend of 1.89 pence per share in June 2024 (£12.5 million) in respect of the quarter to 31 March 2024.

Interim dividends of 1.95 pence per share were paid in September 2024 (£12.9 million) in respect of the quarter to 30 June 2024, of 1.95 pence per share in December 2024 (£12.7 million) in respect of the quarter to 30 September 2024, and of 1.95 pence per share in March 2025 (£12.5 million) in respect of the quarter to 31 December 2024. On 29 May 2025, the Company declared a final dividend of 1.95 pence per share in respect of the quarter ended 31 March 2025 (£12.3 million), which is payable on 27 June 2025.

The target dividend for the year to 31 March 2026 is 7.96 pence per share, a 2.1% increase from the dividend of 7.8 pence per share declared in respect of the year to 31 March 2025.

Other financial highlights:

  • £88.6m raised from sale of 10% of the portfolio
  • 28.7% gearing, one of the lowest across the peer group
  • £30m share buyback programme underway (extended by £10m in March 2025 from £20m); of which £24.3 million returned to shareholders to date
  • NAV per share of 106.5 pence following payment of dividends to shareholders in line with targets
  • Flat NAV Total Return of 0.6% in the period
  • Annualised NAV total return of 7.3% since IPO
  • FY26 dividend target increased to 7.96 pence
  • Dividend target represents yield of 10.0% on the closing share price at 23 June 2025

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