Cashing in on the cost of energy

[Simpo Two]

Hearing that Centrica is doing jolly well out of the current energy price insanity, what mileage is there in buying shares in that and similar companies? Shell we know about; what others that now offer a good dividend?

Or, to save too much detailed faffing, are there funds which invest specifically in that sector? It seems a better punt than technology right now.

[MitchT]

I bought a load of Crypto last year when Bitcoin was about £50,000. Based on my luck with money I should probably take one for the team and buy a load of energy contracts!

[Insurancejon]

I hedged about 80% of my S&s isa with KIstos shares april 2020. Currently up about 153%

[Simpo Two]

Insurancejon said:

I hedged about 80% of my S&s isa with KIstos shares april 2020. Currently up about 153%

When you say 'hedged' do you mean that you simply swapped 80% of your ISA into Klstos?

Sadly somebody else's past performance is no use to me; has it still got legs?

[vulture1]

You are a bit late to the party.

[Simpo Two]

vulture1 said:

You are a bit late to the party.

For growth yes, but dividends? Money is being made...

[Jambo85]

Simpo Two said:

For growth yes, but dividends? Money is being made...

Unfortunately you’re not the first person to think of this so share prices have risen such that dividend as a % of share price is not as remarkable as it would have been had you invested in 2020.