Today, the FTSE250 company The Renewables Infrastructure Group pay out its Dec 2020 dividend.
It owns:-
45 Wind farms
28 Solar farms
01 Battery Storage
The total number of Ordinary Shares in issue on Admission will be 1,903,402,338 each with one voting right.
Thus:-
1,903,402,338 x £0.0169 = £32,167,499.5122
That is £32million
The Vanguard Total Stock Market Index Fund
Created in 1992, Vanguard Total Stock Market Index Fund is designed to provide investors with exposure to the entire U.S. equity market, including small-, mid-, and large-cap growth and value stocks
https://investor.vanguard.com/mutual-funds/profile/portfolio/vtsmx
The assets of this fund are now $1 Trillion.
The L&G Clean Energy UCITS ETF is a listed Exchange Traded Fund that invests in Clean Energy companies
https://fundcentres.lgim.com/uk/professional/fund-centre/ETF/Clean-Energy?isin_code=IE00BK5BCH80
The L&G Clean Energy UCITS ETF (the “Fund”) is a passively
managed exchange traded fund (“ETF”) that aims to track the
performance of the Solactive Clean Energy Index NTR (the “Index”)
https://www.londonstockexchange.com/stock/RENG/legal-and-general-asset-management/company-page
The graph speaks volumes
Yesterday, BP PLC paid out its quarterly dividend.
This is an oil major.
$0.0525 (3.9169p) a share.
https://www.londonstockexchange.com/news-article/BP./total-voting-rights/14774649
The total number of voting rights in BP p.l.c. is 20,273,698,735
Thus:
20,273,698,735 x 0.039169 = £794,100,505.751215
That is £794 Million.
https://www.londonstockexchange.com/stock/BP./bp-plc/company-page
Yesterday, (Wed 16th Dec 2020), Royal Dutch Shell paid out its quarterly dividend.
Shell PLC is a dual listed company, Shell A and Shell B shares.
RDSA Royal Dutch Shell A, pays out $0.1665 (12.48p) a share.
RDSB Royal Dutch Shell B, pays out $0.1665 (12.48p) a share.
Royal Dutch Shell plc’s capital as at 30 November 2020, consists of 4,101,239,499 A shares and 3,706,183,836 B shares, each with equal voting rights. Royal Dutch Shell plc holds no ordinary shares in Treasury.
https://www.londonstockexchange.com/news-article/RDSA/voting-rights-and-capital/14774381
Thus:
4,101,239,499 x £00.1248 = £511,834,689.4752
3,706,183,836 x £00.1248 = £462,531,742.7328
That is £511,834,689.4752 + £462,531,742.7328 = £974,366,432.208.
That is £974 Million
https://www.londonstockexchange.com/stock/RDSA/royal-dutch-shell-plc/company-page
Another month, guess what, take a lucky guess, it is the same old story, HM Government, spends more money than it receives via taxes and duties.
Now we are in a Covid 19 world. UK’s HM Government needs to fund many new demands. [www.dmo.gov.uk]
https://www.dmo.gov.uk/dmo_static_reports/Gilt%20Operations.pdf
Another deficit month, thus to bridge the gap, needs to borrow on the bond market In October 2020 , the HM Government had to borrow money to meet the difference between tax revenues and public sector expenditure. The term for this is The PSNCR: The Public Sector Net Cash Requirement. There were “only” 15 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-
24-Nov-2020 1¼% Treasury Gilt 2027 £3,002.7500 Million
24-Nov-2020 1¾% Treasury Gilt 2057 £1,562.4990 Million
18-Nov-2020 0 5/8% Treasury Gilt 2035 £2,500.0000 Million
17-Nov-2020 0 1/8% Treasury Gilt 2024 £4,062.4990 Million
17-Nov-2020 0 5/8% Treasury Gilt 2050 £2,500.0000 Million
12-Nov-2020 0¼% Treasury Gilt 2031 £3,749.9990 Million
12-Nov-2020 1 5/8% Treasury Gilt 2054 £1,562.4990 Million
11-Nov-2020 0 1/8% Index-linked Treasury Gilt 2036 3 months £861.4000 Million
04-Nov-2020 0 1/8% Treasury Gilt 2026 £3,000.0000 Million
03-Nov-2020 0 1/8% Treasury Gilt 2028 £3,405.6250 Million
03-Nov-2020 1¼ % Treasury Gilt 2041 £2,499.9990 Million
[£3,002.7500 Million+£1,562.4990 Million+£2,500.0000 Million+£4,062.4990 Million+£2,500.0000 Million+£3,749.9990 Million+£1,562.4990 Million+£861.4000 Million+£3,000.0000 Million+£3,405.625 Million+£2,499.9990 Million = £28,707.27 Million]
£28,707.27 Million = £28.70727 Billion
On another way of looking at it, is in the 30 days in November 2020, HM Government borrowed:- £956.909 Million each day for the 30 days.
We are fortunate, while the global banking and financial markets still has the confidence in HM Government to buy the Gilts (Lend money to the UK), the budget deficit keeps rising. What is also alarming, is the dates these bond mature from 2024 through to 2045. All long term borrowings, we are mortgaging our futures, but at least “We Are In It Together….”
The world is running out of Helium.
Despite its prevalence across the universe, helium is rare on Earth. It is usually found with oil and natural gas. The US is the world’s largest producer, accounting for roughly 40% of supply. However, the US National Helium Reserve in Amarillo, Texas, the world’s single largest source of helium for the past 70 years, is now exhausted.
Apart filling birthday balloons. It plays a critical role in a number of high-tech applications, from barcode readers to semiconductors to liquid-crystal display (LCD) panels. Magnetic resonance imaging (MRI) machines can’t work without it. Google, Netflix and Amazon have been buying massive quantities of it for their data centers
However there are opportunities to invest in Helium explorers.
Helium One is a new London Listed company looking for Helium in Tanzania.
Its shares were listed on Fridy 4th Dec 2020
https://polaris.brighterir.com/public/helium_one/news/rns/story/x2jm9zw
https://www.londonstockexchange.com/stock/HE1/helium-one-global-ltd/company-page
The Ashoka India Equity Investment Trust PLC is a London listed investment trust investing in India.
TOP 10 HOLDINGS (as at 30 November, 2020)
ICICI Bank Financials 6.8% of the fund
Infosys Information Technology 6.6% of the fund
Bajaj Finserv Financials 5.6% of the fund
HDFC Bank Financials 5.3% of the fund
Nestle India Consumer Staples 5.0% of the fund
Asian Paints Materials 4.3% of the fund
Coforge Information Technology 3.9% of the fund
Kotak Mahindra Bank Financials 3.0% of the fund
Garware Technical Fibres Consumer Discretionary 3.0% of the fund
Navin Fluorine International Materials 2.9% of the fund
Total Portfolio 46.4% are the top 10 holdings.
https://www.londonstockexchange.com/stock/AIE/ashoka-india-equity-investment-trust-plc/company-page
The graph below makes interesting viewing.
The Legal & General Global 100 Index Trust is an Index fund, the objective of the Fund is to provide growth by tracking the capital performance of the S&P Global 100 Index
Top 10 holdings (%):-
Apple Inc 13.1% of the fund
Microsoft Corp 11.1% of the fund
Amazon.Com Inc 9.4% of the fund
Alphabet Cl A 3.1% of the fund
Alphabet Cl C 3.0% of the fund
Johnson & Johnson 2.7% of the fund
Nestle 2.4% of the fund
Procter & Gamble Company 2.4% of the fund
JPMorgan Chase & Co 2.1% of the fund
Samsung Electronics Co Ltd 1.8% of the fund
£308.8m fund.
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