Downing Renewables & Infrastructure (LON:DORE) Stock Price Up 0.7% - Here's Why

Downing Renewables & Infrastructure (LON:DORE - Get Free Report) traded up 0.7% on Friday . The stock traded as high as GBX 84.50 ($1.06) and last traded at GBX 83 ($1.05). 150,835 shares were traded during mid-day trading, a decline of 53% from the average session volume of 319,396 shares. The stock had previously closed at GBX 82.40 ($1.04).

Downing Renewables & Infrastructure Stock Up 0.7 %

The business's fifty day moving average is GBX 82.72 and its two-hundred day moving average is GBX 79.41. The stock has a market cap of £151.81 million and a price-to-earnings ratio of 1,383.33.

Downing Renewables & Infrastructure Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, August 29th were paid a GBX 1.45 ($0.02) dividend. This represents a dividend yield of 1.87%. The ex-dividend date was Thursday, August 29th. Downing Renewables & Infrastructure's payout ratio is presently 8,333.33%.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 22, 2020.