The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) declared a dividend on Wednesday, May 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, May 16th will be paid a dividend of GBX 1.87 ($0.02) per share on Friday, June 28th. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, May 16th. This is a positive change from The Renewables Infrastructure Group’s previous dividend of $1.80. The official announcement can be accessed at this link.
The Renewables Infrastructure Group Stock Down 0.4 %
TRIG stock traded down GBX 0.40 ($0.01) during mid-day trading on Wednesday, reaching GBX 100.20 ($1.26). 3,705,406 shares of the company traded hands, compared to its average volume of 3,641,659. The Renewables Infrastructure Group has a fifty-two week low of GBX 95.50 ($1.20) and a fifty-two week high of GBX 127.80 ($1.61). The firm’s 50 day moving average price is GBX 100.09 and its 200 day moving average price is GBX 104.51. The stock has a market cap of £2.48 billion, a price-to-earnings ratio of 457.27 and a beta of 0.20.
Insider Activity at The Renewables Infrastructure Group
In other The Renewables Infrastructure Group news, insider Tove Feld purchased 10,000 shares of the business’s stock in a transaction on Friday, April 5th. The stock was acquired at an average cost of GBX 100 ($1.26) per share, for a total transaction of £10,000 ($12,562.81). 0.09% of the stock is owned by insiders.
Analyst Ratings Changes
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The Renewables Infrastructure Group Company Profile
The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia.
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