Downing Renewables & Infrastructure (LON:DORE) Insider Ashley Paxton Purchases 30,000 Shares

Downing Renewables & Infrastructure (LON:DORE) insider Ashley Paxton acquired 30,000 shares of the business’s stock in a transaction dated Tuesday, August 6th. The stock was purchased at an average cost of GBX 78 ($1.00) per share, for a total transaction of £23,400 ($29,904.15).

Downing Renewables & Infrastructure Stock Down 0.8 %

Downing Renewables & Infrastructure stock opened at GBX 77.40 ($0.99) on Friday. The firm has a market cap of £141.56 million and a price-to-earnings ratio of 1,290.00. Downing Renewables & Infrastructure has a 52 week low of GBX 73 ($0.93) and a 52 week high of GBX 95.84 ($1.22). The business’s 50-day moving average price is GBX 78.25 and its 200 day moving average price is GBX 79.59.

Downing Renewables & Infrastructure Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, May 30th were issued a GBX 1.45 ($0.02) dividend. This is a positive change from Downing Renewables & Infrastructure’s previous dividend of $1.35. This represents a yield of 1.86%. The ex-dividend date was Thursday, May 30th. Downing Renewables & Infrastructure’s dividend payout ratio (DPR) is presently 8,333.33%.

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.