Downing Renewables & Infrastructure (LON:DORE) Trading 0.3% Higher

Downing Renewables & Infrastructure (LON:DORE) traded up 0.3% on Friday . The stock traded as high as GBX 79.32 ($1.03) and last traded at GBX 79.30 ($1.03). 193,598 shares traded hands during mid-day trading, a decline of 18% from the average session volume of 236,373 shares. The stock had previously closed at GBX 79.10 ($1.02).

Downing Renewables & Infrastructure Trading Up 0.3 %

The firm has a market cap of £145.04 million and a PE ratio of 1,321.67. The firm has a fifty day simple moving average of GBX 78.23 and a two-hundred day simple moving average of GBX 80.13.

Downing Renewables & Infrastructure Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, May 30th were paid a GBX 1.45 ($0.02) dividend. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend was Thursday, May 30th. This is a boost from Downing Renewables & Infrastructure’s previous dividend of $1.35. Downing Renewables & Infrastructure’s dividend payout ratio (DPR) is presently 8,333.33%.

Insider Activity

In related news, insider Hugh W. M. Little acquired 45,955 shares of Downing Renewables & Infrastructure stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average price of GBX 75 ($0.97) per share, with a total value of £34,466.25 ($44,576.11). 25.82% of the stock is currently owned by company insiders.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 22, 2020.