Insider Buying: NextEnergy Solar Fund Limited (LON:NESF) Insider Buys 22,876 Shares of Stock

NextEnergy Solar Fund Limited (LON:NESF - Get Free Report) insider Helen M. Mahy bought 22,876 shares of the company's stock in a transaction dated Tuesday, December 17th. The stock was acquired at an average price of GBX 65 ($0.83) per share, for a total transaction of £14,869.40 ($18,903.38).

NextEnergy Solar Fund Stock Down 2.6 %

NESF stock traded down GBX 1.70 ($0.02) during midday trading on Tuesday, reaching GBX 64.30 ($0.82). The company had a trading volume of 2,590,859 shares, compared to its average volume of 1,685,278. The company has a 50 day moving average of GBX 73.27 and a two-hundred day moving average of GBX 77.05. The company has a current ratio of 14.49, a quick ratio of 13.96 and a debt-to-equity ratio of 30.98. NextEnergy Solar Fund Limited has a 1 year low of GBX 64.30 ($0.82) and a 1 year high of GBX 94.40 ($1.20). The company has a market capitalization of £379.90 million, a P/E ratio of 803.75, a PEG ratio of 1.17 and a beta of 0.29.

NextEnergy Solar Fund Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, December 30th. Shareholders of record on Thursday, November 14th will be given a GBX 2.11 ($0.03) dividend. This is a positive change from NextEnergy Solar Fund's previous dividend of $2.10. This represents a yield of 2.91%. The ex-dividend date is Thursday, November 14th. NextEnergy Solar Fund's dividend payout ratio is presently 10,000.00%.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.