In QuotedData’s morning briefing 18 January 2024:

• Octopus Renewables Infrastructure Trust (ORIT) is targeting a total dividend of 6.02p for the current calendar year, up 4% from 2023’s 5.79p. The increase matches UK inflation as measured by CPI, making it three years in a row that it has increased dividends by UK inflation [although the assets are in the EU where the inflation rate is lower]. The company says that the dividend is expected to be fully covered by cashflows generated from its operating assets.
• Aurora Investment Trust (ARR) has issued 172,373 new shares to Phoenix Asset Management Partners Limited, its investment manager. These shares represent 80% of the performance fee due in respect of 2022 and 2023. The remaining 20% of the performance fee will become due following publication of the annual report for the year to 31 December 2023.