Shares of The Renewables Infrastructure Group Limited (LON:TRIG – Get Free Report) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 102.32 ($1.37) and traded as high as GBX 104.80 ($1.40). The Renewables Infrastructure Group shares last traded at GBX 102.40 ($1.37), with a volume of 2,956,158 shares traded.
Wall Street Analysts Forecast Growth
Separately, Royal Bank of Canada decreased their price target on shares of The Renewables Infrastructure Group from GBX 135 ($1.81) to GBX 130 ($1.74) and set an “outperform” rating on the stock in a report on Tuesday, August 13th.
Check Out Our Latest Report on The Renewables Infrastructure Group
The Renewables Infrastructure Group Price Performance
The Renewables Infrastructure Group Dividend Announcement
The company also recently declared a dividend, which was paid on Monday, September 30th. Investors of record on Thursday, August 15th were paid a dividend of GBX 1.87 ($0.02) per share. This represents a yield of 1.87%. The ex-dividend date was Thursday, August 15th. The Renewables Infrastructure Group’s dividend payout ratio (DPR) is -70,000.00%.
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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