Bluefield Solar Income Fund (LON:BSIF) Stock Price Crosses Above Fifty Day Moving Average - Here's Why

Bluefield Solar Income Fund (LON:BSIF - Get Free Report)'s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 106.56 ($1.38) and traded as high as GBX 107.60 ($1.40). Bluefield Solar Income Fund shares last traded at GBX 105 ($1.36), with a volume of 2,161,118 shares changing hands.

Bluefield Solar Income Fund Stock Performance

The company's 50 day simple moving average is GBX 106.46 and its 200 day simple moving average is GBX 106.33. The stock has a market cap of £631.03 million, a price-to-earnings ratio of 347.83 and a beta of 0.14.

Bluefield Solar Income Fund Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 15th. Investors of record on Thursday, October 10th will be paid a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date is Thursday, October 10th. This represents a dividend yield of 2%. Bluefield Solar Income Fund's dividend payout ratio is presently 3,000.00%.

About Bluefield Solar Income Fund

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.