Octopus Renewables Infrastructure Trust plc (LON:ORIT - Get Free Report) traded up 0.3% on Friday . The stock traded as high as GBX 80.30 ($1.05) and last traded at GBX 78.70 ($1.03). 486,771 shares traded hands during trading, a decline of 63% from the average session volume of 1,310,935 shares. The stock had previously closed at GBX 78.50 ($1.03).
Octopus Renewables Infrastructure Trust Trading Up 0.3 %
The company has a fifty day moving average price of GBX 78.17 and a two-hundred day moving average price of GBX 74.34. The firm has a market capitalization of £442.23 million, a PE ratio of 2,623.33 and a beta of 0.15.
Octopus Renewables Infrastructure Trust Increases Dividend
The business also recently disclosed a dividend, which was paid on Friday, August 30th. Shareholders of record on Thursday, August 15th were given a dividend of GBX 1.51 ($0.02) per share. This represents a yield of 1.98%. This is a boost from Octopus Renewables Infrastructure Trust's previous dividend of $1.50. The ex-dividend date of this dividend was Thursday, August 15th. Octopus Renewables Infrastructure Trust's dividend payout ratio (DPR) is presently 20,000.00%.
About Octopus Renewables Infrastructure Trust
(
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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.
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