Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) announced a dividend on Monday, November 4th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 14th will be paid a dividend of GBX 1.50 ($0.02) per share on Friday, November 29th. This represents a dividend yield of 1.93%. The ex-dividend date is Thursday, November 14th. The official announcement can be seen at this link.
Octopus Renewables Infrastructure Trust Stock Performance
Shares of Octopus Renewables Infrastructure Trust stock traded down GBX 1.30 ($0.02) during midday trading on Monday, hitting GBX 76.50 ($0.99). 720,969 shares of the company traded hands, compared to its average volume of 1,289,941. The stock has a market cap of £429.87 million, a price-to-earnings ratio of 2,550.00 and a beta of 0.15. The firm's fifty day moving average price is GBX 78.65 and its 200-day moving average price is GBX 75.15. Octopus Renewables Infrastructure Trust has a 12 month low of GBX 65.80 ($0.85) and a 12 month high of GBX 98 ($1.27).
Octopus Renewables Infrastructure Trust Company Profile
(
Get Free Report)
Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW.
Further Reading
Before you consider Octopus Renewables Infrastructure Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Octopus Renewables Infrastructure Trust wasn't on the list.
While Octopus Renewables Infrastructure Trust currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
