JLEN: Dividend up to 6.76p per share in YE Results announced today

10th June 2021

JLEN the environmental infrastructure investor has announced an increased dividend in year end results announce today The total dividend for year was 7.76p per share with a targeted dividend for the year ended next year of at least 6.80p per share. The portfolio valuation as at 31 March 2021 was £571.4m versus £537.1m last year reflecting a busy period which included six acquisitions including first acquisitions in the standalone battery and low carbon transport sectors. Chairman Richard Morse commented “JLEN’s portfolio has been resilient throughout the Covid-19 period and is well placed for the recovery. There has been continued diversification into new sectors and shareholders recently approved an updated investment policy that emphasises JLEN’s aim of investing in environmental infrastructure that supports the transition to a low carbon economy or which mitigates the effects of climate change.”

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