The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) shares crossed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 100.88 ($1.30) and traded as low as GBX 97.60 ($1.26). The Renewables Infrastructure Group shares last traded at GBX 100.80 ($1.30), with a volume of 5,397,074 shares changing hands.
The Renewables Infrastructure Group Stock Up 2.1 %
The business’s 50-day simple moving average is GBX 98.32 and its two-hundred day simple moving average is GBX 100.88. The firm has a market cap of £2.51 billion, a price-to-earnings ratio of 458.18 and a beta of 0.19.
The Renewables Infrastructure Group Increases Dividend
The firm also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 16th were issued a GBX 1.87 ($0.02) dividend. This is a boost from The Renewables Infrastructure Group’s previous dividend of $1.80. The ex-dividend date of this dividend was Thursday, May 16th. This represents a yield of 1.86%. The Renewables Infrastructure Group’s dividend payout ratio is presently 3,181.82%.
About The Renewables Infrastructure Group
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.
Featured Stories
Receive News & Ratings for The Renewables Infrastructure Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for The Renewables Infrastructure Group and related companies with MarketBeat.com’s FREE daily email newsletter.