Downing Renewables & Infrastructure (LON:DORE) Shares Down 0.2% - What's Next?

Downing Renewables & Infrastructure (LON:DORE - Get Free Report) fell 0.2% on Wednesday . The company traded as low as GBX 82 ($1.10) and last traded at GBX 82.80 ($1.11). 121,134 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 305,770 shares. The stock had previously closed at GBX 83 ($1.11).

Downing Renewables & Infrastructure Price Performance

The firm has a 50-day moving average of GBX 78.72 and a 200 day moving average of GBX 77.63. The company has a market capitalization of £153.27 million and a PE ratio of 1,396.67.

Downing Renewables & Infrastructure Announces Dividend

The company also recently declared 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. The ex-dividend date was Thursday, August 29th. This represents a dividend yield of 1.87%. Downing Renewables & Infrastructure's dividend payout ratio (DPR) is currently 8,333.33%.

Insider Buying and Selling at Downing Renewables & Infrastructure

In other Downing Renewables & Infrastructure news, insider Ashley Paxton acquired 30,000 shares of the company's stock in a transaction that occurred on Tuesday, August 6th. The shares were bought at an average price of GBX 78 ($1.04) per share, with a total value of £23,400 ($31,300.16). 25.82% of the stock is owned by corporate insiders.

About Downing Renewables & Infrastructure

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.