Today, Friday 29th November, the FTSE-250 green energy producer, UK Greencoat Wind pays out its November 2024 dividend
https://www.greencoat-ukwind.com
2.5p a share.
https://www.londonstockexchange.com/news-article/UKW/total-voting-rights/16743491
the total voting rights figure in Greencoat UK wind is 2,264,106,755
Thus:-
2,264,106,755 x £0.025 = £56,602,668.875
That is £56.6 Million paid to shareholders
https://www.londonstockexchange.com/stock/UKW/greencoat-uk-wind-plc/company-page
The Sprott Uranium Miners UCITS ETF is an ETF investing in uranium miners.
The Uranium Miners ETF (URNM) seeks to provide investors with a way to invest in the growth of nuclear power through exposure to uranium miners. This comprises companies involved in the uranium industry, spanning the mining, exploration, development and production of uranium. The uranium miners ETF is also permitted to invest in entities that hold physical uranium, uranium royalties or other non-mining assets.
Top Ten holdings:-
CAMECO CORP COMMON STOCK 17.57% of the fund
NAC KAZATOMPROM JSC GDR 15.15% of the fund
SPROTT PHYSICAL URANIUM 11.82% of the fund
URANIUM ENERGY CORP 6.05% of the fund
DENISON MINES CORP COMMON 5.62% of the fund
NEXGEN ENERGY LTD COMMON 5.35% of the fund
CGN MINING CO LTD COMMON 5.33% of the fund
ENERGY FUELS INC/CANADA 4.33% of the fund
YELLOW CAKE PLC COMMON 3.88% of the fund
PALADIN ENERGY LTD COMMON 3.36% of the fund
https://www.londonstockexchange.com/stock/URNP/hanetf/company-page
Courtesy of The London Stock Exchange
The Pacific Horizon Investment Trust is a London listed investment trust managed by Baille Gifford of Scotland.
https://www.bailliegifford.com/en/uk/individual-investors/funds/pacific-horizon-investment-trust
Share Price = 567.00p
NAV at Fair = 660.60p
Premium / Discount (+/-) at Fair -14.2%
Thus buying 660p for 567p
Top Ten assets:-
1 TSMC 9.6% of the fund
2 Samsung Electronics 6.5% of the fund
3 Tencent 4.8% of the fund
4 Bytedance Ltd. 3.2% of the fund
5 Zijin Mining 3.1% of the fund
6 Daily Hunt 3.0% of the fund
7 PDD Holdings 2.6% of the fund
8 Sea Limited 2.6% of the fund
9 Delhivery 2.6% of the fund
10 Equinox India Developments Ltd 2.6% of the fund
Top 10 assets make up 40.5% of the fund
Courtesy of The London Stock Exchange
Tomorrow, Tesco PLC, the UK’s largest supermarket group pays out its November dividend.
4.25p a share
https://www.londonstockexchange.com/news-article/TSCO/total-voting-rights/16745211
The Company’s share capital as at 31 October 2024 consisted of 6,800,930,757 ordinary shares
Thus:-
6,800,930,757 x £0.045 = £289,039,557.1725
That is £289 Million paid to shareholders of Tesco PLC.
https://www.londonstockexchange.com/stock/TSCO/tesco-plc/company-page
Courtesy of www.comicagile.net
Courtesy of the US Federal Government
Courtesy of the US Federal Government
Total UK Government Debt is over £2.7 Trillion
Courtesy of Statistica
UK Government Debt Interest on the cumulative national debt for 2024-25 will be £89 Billion, money that can NOT be used for public services such as the NHS, our brave armed forces, our brave police, fire services, ambulance crews, teachers, courts, etc etc
Courtesy of The Treasury and The Office of Budget Responsibility
In 2024-25, HM Government faces a short fall of £127 billion so will borrow it.
Courtesy of The Treasury and The Office of Budget Responsibility
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
Another deficit month, thus to bridge the gap, needs to borrow on the bond market in October 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” 10 auctions of Gilts (UK Government Bonds) by the UK Debt Management Office to raise cash for HM Treasury:-
31-Oct-2024 1½% Green Gilt 2053 £2,250.0000 Million
29-Oct-2024 4 1/8% Treasury Gilt 2029 £4,000.0000 Million
23-Oct-2024 3¾% Treasury Gilt 2027 £4,787.2730 Million
22-Oct-2024 0 5/8% Index-linked Treasury Gilt 2045 £1,084.8490 Million
16-Oct-2024 4% Treasury Gilt 2031 £4,374.9990 Million
15-Oct-2024 4 3/8% Treasury Gilt 2054 £2,812.4990 Million
09-Oct-2024 4¼% Treasury Gilt 2034 £3,768.7500 Million
08-Oct-2024 0 1/8% Index-linked Treasury Gilt 2039 £1,151.6210 Million
02-Oct-2024 4 1/8% Treasury Gilt 2029 £4,020.0000 Million
01-Oct-2024 4¾% Treasury Gilt 2043 £2,812.4980 Million
£2,250.0000 Million + £4,000.0000 Million + £4,787.2730 Million + £1,084.8490 Million + £4,374.9990 Million + £2,812.4990 Million + £3,768.7500 Million + £1,151.6210 Million + £4,020.0000 Million + £2,812.4980 Million = £31,062.49 Million
£31,062.49 Million = £31.062 Billion
On another way of looking at it, is in the 31 days October 2024, HM Government borrowed:- £1002.015774 Million (£1.002 Billion) 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 2027 to 2054. All long-term borrowings, we are mortgaging our futures, but at least “We Are In It Together……“
Earlier in the month, The Foreign & Colonial Investment Trust paid out its November 2024 dividend.
3.6p a share
https://www.londonstockexchange.com/news-article/FCIT/total-voting-rights/16743097
The total number of voting rights in the Company is 484,863,066
Thus:-
484,863,066 x £0.036 = £17,455,070.376
That is £17 million paid to shareholders.
https://www.londonstockexchange.com/stock/FCIT/f-c-investment-trust-plc/company-page
March 2020:- Shell PLC trading at 1062p a share
Courtesy of the London Stock Exchange
November 2024:- Shell PLC trading at 2599p a share
Courtesy of the London Stock Exchange
The numbers are vast:-
Courtesy of the US Federal Government
U.S. debt could drive the next financial crisis, says former FDIC Chair Sheila Bair
Courtesy of CNBC
Michael Gitlin is President and CEO of Capital Group, the investment behemoth that manages $2.7 trillion and is one of the oldest and largest money managers in the USA.
HSBC is one of the largest global banking groups
Courtesy of The London Stock Exchange