OPG Power Ventures Plc. (OPG) to Issue Dividend of GBX 0.72 on December 22nd
OPG Power Ventures Plc. (LON:OPG) announced a dividend on Friday, October 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 9th will be paid a dividend of GBX 0.72 ($0.01) per share by the solar energy provider on Friday, December 22nd. This represents a yield of 2.48%. The ex-dividend date is Thursday, November 9th. This is a positive change from OPG Power Ventures Plc.’s previous dividend of $0.26. The official announcement can be accessed at this link.
Shares of OPG Power Ventures Plc. (LON:OPG) traded down GBX 0.25 ($0.00) during trading hours on Friday, reaching GBX 28 ($0.37). 72,344 shares of the company traded hands.
Several equities research analysts recently weighed in on OPG shares. Shore Capital restated a “hold” rating on shares of OPG Power Ventures Plc. in a research report on Wednesday, August 30th. Macquarie cut their price objective on shares of OPG Power Ventures Plc. from GBX 120 ($1.58) to GBX 90 ($1.19) and set an “outperform” rating on the stock in a research report on Thursday, August 31st.
About OPG Power Ventures Plc.
OPG Power Ventures Plc is primarily engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the Company’s plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short-term market.
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