New Risk • May 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 2.3% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (UK£43.4m market cap, or US$59.1m). Announcement • May 02
RM Infrastructure Income PLC, Annual General Meeting, Jun 04, 2026 RM Infrastructure Income PLC, Annual General Meeting, Jun 04, 2026. Location: the offices of singer capital markets, 1 bartholomew lane, ec2n 2ax, london United Kingdom New Risk • Mar 20
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Market cap is less than US$100m (UK£45.4m market cap, or US$60.4m). New Risk • Sep 01
New major risk - Revenue size The company makes less than US$1m in revenue. This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (UK£49.3m market cap, or US$66.8m). Announcement • Sep 01
RM Infrastructure Income PLC declares an Interim Dividend in Respect of the Period from January 1,2025 to June 30, 2025, Payable September 26, 2025 RM Infrastructure Income PLC, an investment trust specializing in secured debt investments, have declared an interim dividend of 0.625 pence per ordinary share in respect of the period from 1 January 2025 to 30 June 2025: Ex-Dividend Date - 11 September 2025, Record Date -12 September 2025, Payment Date - 26 September 2025. Announcement • May 30
RM Infrastructure Income PLC Announces Change in Dividend Payment Frequency The RM Infrastructure Income Plc announced that, following a review by the Board of Directors (the "Board"), it has resolved to amend its dividend payment frequency from a quarterly to a semi-annual basis. The Company has decided to move to a semi-annual dividend payment frequency as part of its cost-saving initiative in conjunction with its managed wind down process, and associated returns of capital to shareholders via proposed tender offers. The new dividend schedule will take effect from 29 May 2025, with the first semi-annual interim dividend expected to be declared in September 2025 in respect of the first half of the financial year ending 31 December 2025. Announcement • Apr 30
RM Infrastructure Income PLC, Annual General Meeting, May 29, 2025 RM Infrastructure Income PLC, Annual General Meeting, May 29, 2025. Location: 4th floor, 140 aldersgate street, ec1a 4hy, london United Kingdom New Risk • Mar 07
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 244% Cash payout ratio: 103% Earnings have declined by 6.5% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Profit margins are more than 30% lower than last year (40% net profit margin). Market cap is less than US$100m (UK£71.6m market cap, or US$92.5m). Declared Dividend • Mar 02
Dividend reduced to UK£0.0063 Dividend of UK£0.0063 is 62% lower than last year. Ex-date: 6th March 2025 Payment date: 4th April 2025 Dividend yield will be 7.5%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (244% earnings payout ratio) nor is it covered by cash flows (103% cash payout ratio). The dividend has increased by an average of 33% per year over the past 8 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 172% to bring the payout ratio under control. However, EPS has declined by 14% over the last 5 years so the company would need to reverse this trend. Announcement • Feb 28
Rm Infrastructure Income plc Declares Interim Dividend for the Period from October 1, 2024 to December 31, 2024, Payable on April 4, 2025 RM Infrastructure Income PLC have declared an interim dividend of 0.625 pence per ordinary share in respect of the period from 1 October 2024 to 31 December 2024: Ex-Dividend Date - 6 March 2025. Record Date - 7 March 2025. Payment Date - 4 April 2025. Announcement • Nov 01
RM Infrastructure Income PLC Declares an Interim Dividend in Respect of the Period from 1 July 2024 to 30 September 2024, Payable on 29 November 2024 RM Infrastructure Income PLC declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 July 2024 to 30 September 2024: Ex-Dividend Date - 7 November 2024; Record Date - 8 November 2024; Payment Date - 29 November 2024. Buy Or Sell Opportunity • Oct 30
Now 20% overvalued Over the last 90 days, the stock has fallen 7.7% to UK£0.70. The fair value is estimated to be UK£0.59, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has declined by 44%. New Risk • Oct 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: UK£70.7m (US$92.8m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 244% Cash payout ratio: 103% Earnings have declined by 6.5% per year over the past 5 years. Minor Risks Profit margins are more than 30% lower than last year (40% net profit margin). Market cap is less than US$100m (UK£70.7m market cap, or US$92.8m). Buy Or Sell Opportunity • Oct 04
Now 20% overvalued Over the last 90 days, the stock has fallen 6.6% to UK£0.72. The fair value is estimated to be UK£0.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has declined by 44%. Announcement • Sep 04
RM Infrastructure Income PLC (LSE:RMII) announces an Equity Buyback for £20 million worth of its shares. RM Infrastructure Income PLC (LSE:RMII) announces a share repurchase program. Under the offer, the company will repurchase up to £20 million worth of its shares. The shares will be repurchased at a price equal to the prevailing Net Asset Value per Ordinary Share as at 30 August 2024. The purpose of the offer is to return capital to Shareholders from the proceeds of the Company's Loans that have been repaid to it. The record date for the offer is September 24, 2024. The offer will be valid till September 24, 2024. The offer is subject to approval from shareholders in the General Meeting to be held on September 25, 2024. Buy Or Sell Opportunity • Aug 25
Now 20% overvalued Over the last 90 days, the stock has fallen 4.3% to UK£0.73. The fair value is estimated to be UK£0.60, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 22% over the last 3 years. Earnings per share has declined by 44%. Announcement • Aug 15
RM Infrastructure Income PLC Declares an Interim Dividend in Respect of the Period from 1 April 2024 to 30 June 2024, Payable on 16 September 2024 The Directors of RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 April 2024 to 30 June 2024: Ex-Dividend Date is 22 August 2024. Record Date is 23 August 2024. Payment Date is 16 September 2024. Declared Dividend • Jun 02
Fourth quarter dividend of UK£0.016 announced Dividend of UK£0.016 is the same as last year. Ex-date: 6th June 2024 Payment date: 28th June 2024 Dividend yield will be 8.7%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (225% earnings payout ratio) nor is it covered by cash flows (176% cash payout ratio). The dividend has increased by an average of 38% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 150% to bring the payout ratio under control. However, EPS has declined by 10% over the last 5 years so the company would need to reverse this trend. Announcement • May 31
RM Infrastructure Income PLC Declares an Interim Dividend in Respect of the Period from 1 January 2024 to 31 March 2024, Payable on 28 June 2024 The Directors of the RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 January 2024 to 31 March 2024: Ex-Dividend Date - 6 June 2024. Record Date - 7 June 2024. Payment Date - 28 June 2024. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings have declined by 0.5% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 132% Cash payout ratio: 176% Earnings have declined by 0.5% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (40% net profit margin). Announcement • Apr 23
RM Infrastructure Income PLC, Annual General Meeting, May 30, 2024 RM Infrastructure Income PLC, Annual General Meeting, May 30, 2024, at 09:00 Coordinated Universal Time. Location: 6th Floor, 125 London Wall, London, EC2Y 5AS London United Kingdom New Risk • Mar 05
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 145% Cash payout ratio: 271% Minor Risk Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Declared Dividend • Mar 03
Dividend of UK£0.016 announced Dividend of UK£0.016 is the same as last year. Ex-date: 7th March 2024 Payment date: 2nd April 2024 Dividend yield will be 8.6%, which is higher than the industry average of 3.3%. Sustainability & Growth Dividend is not covered by earnings (145% earnings payout ratio) nor is it covered by cash flows (271% cash payout ratio). The dividend has increased by an average of 38% per year over the past 7 years and payments have been stable during that time. The company's earnings per share (EPS) would need to grow by 61% to bring the payout ratio under control. However, EPS has declined by 2.5% over the last 5 years so the company would need to reverse this trend. Announcement • Mar 01
RM Infrastructure Income PLC Declares Interim Dividend for the Period from October 1, 2023 to December 31, 2023, Payable on April 2, 2024 The Directors of RM Infrastructure Income PLC, have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 October 2023 to 31 December 2023: Ex-Dividend Date is 7 March 2024, Record Date is 8 March 2024 and Payment Date is 2 April 2024. Upcoming Dividend • Nov 24
Upcoming dividend of UK£0.016 per share at 8.8% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 29 December 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 8.8%. Within top quartile of British dividend payers (6.2%). Higher than average of industry peers (3.4%). Announcement • Nov 01
RM Infrastructure Income PLC Declares Interim Dividend for the Period from 1 July to 30 September 2023, Payable on 29 December 2023 RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 July to 30 September 2023: Ex-Dividend Date - 30 November 2023; Record Date - 1 December 2023; Payment Date - 29 December 2023. Upcoming Dividend • Aug 31
Upcoming dividend of UK£0.016 per share at 9.4% yield Eligible shareholders must have bought the stock before 07 September 2023. Payment date: 29 September 2023. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 9.4%. Within top quartile of British dividend payers (6.3%). Higher than average of industry peers (3.5%). Announcement • Aug 15
RM Infrastructure Income PLC Declares Interim Dividend For the Period from 1 April 2023 to 30 June 2023, Payment Date Is on 29 September 2023 The Directors of the RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 April 2023 to 30 June 2023: Ex-Dividend Date is on 7 September 2023 with Record Date is on 8 September 2023. Payment Date is on 29 September 2023. Announcement • Aug 01
RM Infrastructure Income Provides Assets Combination Update Shareholder Update Following the RM Infrastructure Income PLC (LSE:RMII)'s shareholder consultation announced on 23 May 2023, certain shareholders requested a further update on progress by the end of July. To that end, the Company announces that it continues to actively progress discussions regarding a potential combination of its assets with another suitable investment company or fund. Since the Company's last update on 10 July 2023, the Board received an additional proposal under s110 of the Insolvency Act 1986 which is under consideration alongside one other proposal highlighted in the 10 July 2023 announcement, however at this time there remains no certainty that either of the approaches received will develop into a recommendable transaction. For the avoidance of doubt, neither approach anticipates any offer for the Company, recommended or otherwise, under the City Code on Takeovers and Mergers. The Company will provide a further update when appropriate. In the meantime, the Company confirms that it will not make any new investments, save where it is required to preserve the value of an existing investment or where further capital is being drawn against an existing commitment or facility, with cash received from maturing loans used to continue to reduce the Company's leverage and buy back shares as appropriate. Announcement • May 23
RM Infrastructure Income PLC Declares Interim Dividend for the Period from 1 January 2023 to 31 March 2023, Payable on 30 June 2023 The Directors of RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 January 2023 to 31 March 2023. Ex-Dividend Date is 1 June 2023. Record Date is 2 June 2023. Payment Date is 30 June 2023. Upcoming Dividend • Nov 24
Upcoming dividend of UK£0.016 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 30 December 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.7%. Within top quartile of British dividend payers (5.7%). Higher than average of industry peers (3.3%). Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Marlene Wood was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Nov 02
RM Infrastructure Income plc Declares Interim Dividend of the Period from 1 July to 30 September 2022, Payable on 30 December 2022 RM Infrastructure Income PLC declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 July to 30 September 2022: Scheduled dates are as follows: Ex-Dividend Date - 1 December 2022, Record Date - 2 December 2022 and Payment Date - 30 December 2022. Buying Opportunity • Oct 12
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 8.6%. The fair value is estimated to be UK£1.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has grown by 9.8%. Upcoming Dividend • Aug 25
Upcoming dividend of UK£0.016 per share Eligible shareholders must have bought the stock before 01 September 2022. Payment date: 30 September 2022. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 7.4%. Within top quartile of British dividend payers (5.3%). Higher than average of industry peers (3.3%). Announcement • Aug 04
RM Infrastructure Income PLC Declares Interim Dividend for the Period from 1 April 2022 to 30 June 2022, Payable on 30 September 2022 RM Infrastructure Income PLC has declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 April 2022 to 30 June 2022. Ex-dividend date is on 1 September 2022. The record date is on 2 September 2022. Payment date is 30 September 2022. Announcement • Jun 01
RM Infrastructure Income PLC, Annual General Meeting, May 31, 2022 RM Infrastructure Income PLC, Annual General Meeting, May 31, 2022. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. Independent Non-Executive Director Marlene Wood was the last director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Feb 22
RM Infrastructure Income PLC Declares Interim Dividend Period from 1 October 2021 to 31 December 2021, Payable March 25, 2022 The Directors of the RM Infrastructure Income PLC have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 October 2021 to 31 December 2021. Ex-Dividend Date - 3 March 2022. Record Date - 4 March 2022. Payment Date - 25 March 2022. Upcoming Dividend • Nov 25
Upcoming dividend of UK£0.016 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 30 December 2021. Trailing yield: 7.3%. Within top quartile of British dividend payers (4.1%). Higher than average of industry peers (2.7%). Upcoming Dividend • Aug 26
Upcoming dividend of UK£0.016 per share Eligible shareholders must have bought the stock before 02 September 2021. Payment date: 24 September 2021. Trailing yield: 7.2%. Within top quartile of British dividend payers (3.8%). Higher than average of industry peers (2.6%). Announcement • May 26
RM Secured Direct Lending plc Declares an Interim Dividend in Respect of the Period from 1 January 2021 to 31 March 2021, Payable on 25 June 2021 The Directors of RM Secured Direct Lending plc have declared an interim dividend of 1.625 pence per ordinary share in respect of the period from 1 January 2021 to 31 March 2021. Ex-dividend date is 3 June 2021, Record date is 4 June 2021 and payment date is 25 June 2021. Announcement • Mar 17
RM Secured Direct Lending plc to Report Fiscal Year 2020 Final Results on Mar 29, 2021 RM Secured Direct Lending plc announced that they will report fiscal year 2020 final results on Mar 29, 2021 Is New 90 Day High Low • Jan 27
New 90-day high: UK£0.90 The company is up 11% from its price of UK£0.81 on 29 October 2020. The British market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 19% over the same period. Is New 90 Day High Low • Dec 23
New 90-day high: UK£0.82 The company is up 2.0% from its price of UK£0.80 on 24 September 2020. The British market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Capital Markets industry, which is up 12% over the same period. Upcoming Dividend • Nov 26
Upcoming Dividend of UK£0.016 Per Share Will be paid on the 30th of December to those who are registered shareholders by the 3rd of December. The trailing yield of 8.1% is in the top quartile of British dividend payers (4.9%), and it is higher than industry peers (3.1%). Is New 90 Day High Low • Sep 29
New 90-day high: UK£0.81 The company is up 5.0% from its price of UK£0.77 on 01 July 2020. The British market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Capital Markets industry, which is up 1.0% over the same period. Announcement • Jun 22
RM Secured Direct Lending plc(LSE:RMDL) dropped from FTSE All-Small Index (GBP) RM Secured Direct Lending plc(LSE:RMDL) dropped from FTSE All-Small Index (GBP)