The Renewables Infrastructure Group (LON:TRIG) Shares Cross Below 200 Day Moving Average of $100.88

Shares of The Renewables Infrastructure Group Limited (LON:TRIGGet Free Report) passed below its 200-day moving average during trading on Friday . The stock has a 200-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.

The Renewables Infrastructure Group Trading Up 2.1 %

The stock has a market capitalization of £2.51 billion, a PE ratio of 458.18 and a beta of 0.19. The stock has a 50 day moving average price of GBX 98.32 and a 200-day moving average price of GBX 100.81.

The Renewables Infrastructure Group Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Thursday, May 16th were given a dividend of GBX 1.87 ($0.02) per share. The ex-dividend date of this dividend was Thursday, May 16th. This is an increase from The Renewables Infrastructure Group’s previous dividend of $1.80. This represents a yield of 1.86%. The Renewables Infrastructure Group’s payout ratio is 3,181.82%.

The Renewables Infrastructure Group Company Profile

(Get Free Report)

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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