Octopus Renewables Infrastructure (LON:ORIT – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 67.30 ($0.83) and last traded at GBX 70.60 ($0.87), with a volume of 2430476 shares changing hands. The stock had previously closed at GBX 70.70 ($0.87).
Octopus Renewables Infrastructure Stock Up 1.4 %
The stock has a market cap of £402.80 million, a price-to-earnings ratio of 3,565.00 and a beta of 0.17. The stock’s fifty day moving average is GBX 75.26 and its 200-day moving average is GBX 83.27.
Octopus Renewables Infrastructure Dividend Announcement
The business also recently declared a dividend, which was paid on Friday, February 23rd. Stockholders of record on Thursday, February 8th were issued a GBX 1.45 ($0.02) dividend. This represents a dividend yield of 1.67%. The ex-dividend date was Thursday, February 8th. Octopus Renewables Infrastructure’s dividend payout ratio (DPR) is presently 30,000.00%.
About Octopus Renewables Infrastructure
Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW.
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