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

Shares of The Renewables Infrastructure Group Limited (LON:TRIG) 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

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.