Downing Renewables & Infrastructure (LON:DORE) Stock Price Down 0.2%

Downing Renewables & Infrastructure (LON:DORE) shares were down 0.2% on Wednesday . The company traded as low as GBX 82 ($1.10) and last traded at GBX 82.80 ($1.11). Approximately 121,134 shares traded hands during mid-day trading, a decline of 60% from the average daily volume of 305,770 shares. The stock had previously closed at GBX 83 ($1.11).

Downing Renewables & Infrastructure Stock Performance

The business has a fifty day moving average of GBX 78.63 and a two-hundred day moving average of GBX 77.59. The firm has a market cap of £151.44 million and a price-to-earnings ratio of 1,380.00.

Downing Renewables & Infrastructure Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Thursday, August 29th were issued a dividend of GBX 1.45 ($0.02) per share. This represents a yield of 1.87%. The ex-dividend date was Thursday, August 29th. Downing Renewables & Infrastructure’s dividend payout ratio (DPR) is presently 8,333.33%.

Insider Buying and Selling at Downing Renewables & Infrastructure

In related news, insider Ashley Paxton bought 30,000 shares of the stock in a transaction on Tuesday, August 6th. The shares were purchased at an average price of GBX 78 ($1.04) per share, for a total transaction of £23,400 ($31,300.16). 25.82% of the stock is owned by 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.