Downing Renewables & Infrastructure (LON:DORE) Shares Down 0.2% – Here’s Why

Downing Renewables & Infrastructure (LON:DORE)’s stock price fell 0.2% during trading on Friday . The stock traded as low as GBX 87.03 ($1.08) and last traded at GBX 88.80 ($1.10). 167,482 shares traded hands during trading, a decline of 32% from the average session volume of 244,517 shares. The stock had previously closed at GBX 89 ($1.10).

Downing Renewables & Infrastructure Stock Performance

The stock’s fifty day simple moving average is GBX 80.50 and its two-hundred day simple moving average is GBX 80.63. The stock has a market capitalization of £162.42 million and a P/E ratio of 1,480.00.

Downing Renewables & Infrastructure Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Thursday, November 28th were issued a GBX 1.45 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 28th. This represents a yield of 1.77%. Downing Renewables & Infrastructure’s payout ratio is 8,333.33%.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC (DORE) is a renewable energy and infrastructure trust designed to deliver stable and sustainable returns through diversification across technology, geography and project stage. It has a diversified portfolio of renewable energy generating assets and other infrastructure assets across the UK, Ireland and Northern Europe.