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NextEnergy Solar confirms third-quarter dividend, and full-year target

NextEnergy Solar Fund Ltd (LSE:NESF) announced its third interim dividend of the year of 2.11p per share and reaffirmed its full-year payout target.

The third dividend related to the quarter ended 31 December 2024, and will be paid at the end of March 2025, with an ex-dividend date of 13 February.

The NextEnergy Solar board confirmed its full-year dividend target guidance of 8.43p per share for the financial year to end-March 2025, with the dividend forecast to be covered within the range of 1.1-1.3 times by earnings post-debt amortisation.