Hi Chris, I was thinking the same, no movement at all for months. It looks like good things are ahead for the company just donβt understand the lack of movement either.
@J4ckSt4yn3s knows more about this an me but youβre not really buying this stock for May capital appreciation, itβs for a stable investment to deliver a stable dividend stream.
I still hold a small amount but have diverted away from dividends mostly
Thanks for the info, just getting into the swing of things, think Iβm looking into long term potential gains than small dividends so will do a bit more research but think Iβll avoid things like this too aswell.
I think this will be a slow burn. Like some of the other quarterly dividends such as Greencoats Wind, Next Energy Solar and the like.
If they carry out what they said there should be 2% dividend for 2022 which is while they settle in and from 2023 they plan to do the 8% yield.
I want to have a substantial holding in some reliable quarterly companies just to offset some of my more volatile stocks.
Diversified Energy is one of them but the high yield they offer is a little dampened down by the tax you lose to the US so from what Iβm hoping is that Harmony Energy will take their place from 2023 onwards.
Hopefully if they start bring out some more information over time then the share price will start reflecting this Iβd be happy to see it reach 1.20-1.30 but that is not based on anything other than looking as similar funds.
Iβll add q few quid here and their seems stable
This is a long play of 2-3 years and if it works itβll build an inflation busting income.
Iβll pretend I know what that means haha
Building a nice income stream from a stable dividend is something older investors look for typically. That said returning 8% (which unless something really bad happens) will always be above inflation (current around 5%)
Would be nice tbh.
Shit, so Iβm an old investor now? When did that happen!
I think this is going to be my next buy & shoot for the long haul.
HEIT is raising funds at 100p - closes in 7 days. On Primary Bid but maybe other platforms too.