Today, Greencoat UK Wind pays out its Feb 2024 dividend
https://www.greencoat-ukwind.com/
3.43p a share
https://www.londonstockexchange.com/news-article/UKW/total-voting-rights/16313010
the total voting rights figure will be 2,308,581,656
Thus:
2,308,581,656 x £0.0343 = £79,184,350.8008
That is £79million paid to shareholders.
https://www.londonstockexchange.com/stock/UKW/greencoat-uk-wind-plc/company-page
The Polar Capital Global Financials Trust is a London listed investment trust that invests in companies that underpin the world’s financial system.
Total Net Assets £509.5m
https://www.polarcapitalglobalfinancialstrust.com/
Top 10 Holdings (% of net assets)
JPMorgan 6.2% of the fund
Mastercard 5.1% of the fund
Visa 3.9% of the fund
Chubb 3.6% of the fund
Berkshire Hathaway 3.0% of the fund
Wells Fargo 2.6% of the fund
Bank of America 2.3% of the fund
Marsh McLennan 2.1% of the fund
HDFC Bank 2.1% of the fund
BNP Paribas 2.0% of the fund
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 post Covid 19 world. UK’s HM Government needs to fund many new demands. https://www.dmo.gov.uk
https://dmo.gov.uk/data/pdfdatareport?reportCode=D2.1PROF7
Another deficit month, thus to bridge the gap, needs to borrow on the bond market in January 2024, 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” 7 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-
30-Jan-2024 0 1/8% Index-linked Treasury Gilt 2051 3 months £961.7000 Million
24-Jan-2024 4½% Treasury Gilt 2028 £4,026.0000 Million
17-Jan-2024 4 5/8% Treasury Gilt 2034 £3,750.0000 Million
16-Jan-2024 0¾% Index-linked Treasury Gilt 2033 3 months £1,518.7750 Million
10-Jan-2024 3¾% Treasury Gilt 2027 £5,000.0000 Million
09-Jan-2024 4¾% Treasury Gilt 2043 £2,812.4990 Million
04-Jan-2024 3¾% Treasury Gilt 2038 £3,423.7490 Million
£961.7000 Million + £4,026.0000 Million + £3,750.0000 Million + £1,518.7750 Million + £5,000.0000 Million + £2,812.4990 + £3,423.7490 = £21,492.723 Million
£21,492.723 Million = £21.492723 Billion
On another way of looking at it, is in the 31 days in Jan 2024, HM Government borrowed:- £693.31364516129032258064516129032 Million each day for the 31 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 bonds maturing from 2028 to 2051. All long-term borrowings, we are mortgaging our futures, but at least “We Are In It Together……“
The Legal and General Artificial Intelligence ETF is today valued at $608.5m
https://fundcentres.lgim.com/en/uk/institutional/fund-centre/ETF/Artificial-Intelligence/
Top 10 constituents (%)
Advanced Micro Devices 2.5% of the fund
NVIDIA 2.2% of the fund
Analog Devices 2.2% of the fund
Microsoft 2.1% of the fund
ASML 2.1% of the fund
Ambarella 2.0% of the fund
Cloudflare 2.0% of the fund
Autodesk 2.0% of the fund
Cognex Corporation 2.0% of the fund
Palo Alto Networks 2.0% of the fund
https://www.londonstockexchange.com/stock/AIAG/legal-and-general-asset-management/company-page
The Legal and General Robotics and Automation ETF is today valued at $915.8m.
Top 10 constituents (%)
Azenta 2.1% of the fund
Illumina 1.8% of the fund
Zebra Technologies 1.8% of the fund
Intuitive Surgical 1.8% of the fund
Teradyne 1.8% of the fund
Rockwell Automation 1.7% of the fund
Hexagon 1.7% of the fund
Kardex Group 1.7% of the fund
Novanta 1.7% of the fund
Cognex Corporation 1.7% of the fund
https://www.londonstockexchange.com/stock/ROBG/legal-and-general-asset-management/company-page
The Invesco Bond Income Plus is a London listed investment trust.
Its objective is to provide a high level of dividend income relative to prevailing interest rates mainly through investment in bonds and other fixed-interest securities. The Company also invests in equities and other equity-like instruments consistent with the Investment Objective.
https://www.invesco.com/uk/en/investment-trusts/invesco-bond-income-plus-limited.html
Top Ten Holdings:-
Barclays PLC 9.25% 1.83% of the fund
Lloyds Banking Group 7.875% Perpetual PNC15 1.79% of the fund
Vodafone Group PLC 8% 1.48% of the fund
Aviva PLC 6.875% 1.42% of the fund
Clarios Global LP 8.5% 1.34% of the fund
Codere Finance 2 (Luxembourg) S.A 11% 1.21% of the fund
Sainsburys Bank Plc 10.5% 1.14% of the fund
Ziggo Bond Company B.V. 6% 1.12% of the fund
Petra Diamonds US$ Treasury plc 10.5% 1.11% of the fund
Legal & General Group PLC 5.625% 1.06% of the fund
https://www.londonstockexchange.com/stock/BIPS/invesco-bond-income-plus-limited/company-page
The Gresham House Energy Storage Fund plc (GRID) invests in a portfolio of utility-scale operational battery energy storage systems in Great Britain.
GRID seeks to provide shareholders with an attractive and sustainable dividend over the long term, alongside the prospect of capital growth.
https://www.londonstockexchange.com/stock/GRID/gresham-house-energy-storage-fund-plc/company-page
The Gresham House Energy Storage Fund has had a turbulent time on the stock market with rising interest rates and the cost of capital rising.
Last week on Friday 2nd Feb, Vodafone, the the UK’s seconding telecoms giant (BT plc being the primary telecoms group) paid out its Feb 2024 dividend
€0.045 = 3.84525p a share
https://www.londonstockexchange.com/news-article/VOD/total-voting-rights/16270840
the total number of voting rights in Vodafone is 27,078,739,427
Thus:-
27,078,739,427 x £0.0384525 = £1,041,245,227.8167175
That is £1041 millions paid to shareholders = £1.041 Billion
https://www.londonstockexchange.com/stock/VOD/vodafone-group-plc/company-page
Yesterday, BT PLC the UK’s premier telecoms group, paid out its Feb 2024 dividend
2.31p a share
https://www.londonstockexchange.com/news-article/BT.A/total-voting-rights/16270096
The total number of voting rights in BT Group plc on that date was 9,947,547,776
Thus:-
9,947,547,776 x £0.0231 = £229,788,353.6256
That is £229millions paid to shareholders.
https://www.londonstockexchange.com/stock/BT.A/bt-group-plc/company-page
Today United Utilities PLC paid out its Feb 2024 dividend
https://www.unitedutilities.com/
16.59p a share
Total number of voting rights in the company stood at 681,888,418
Thus:-
681,888,418 x £0.1659 = £113,125,288.5462
That is £113 million paid to shareholders.
https://www.londonstockexchange.com/stock/UU./united-utilities-group-plc/company-page