Insider Buying: The Renewables Infrastructure Group Limited (LON:TRIG) Insider Purchases 48,365 Shares of Stock

The Renewables Infrastructure Group Limited (LON:TRIG) insider Richard Morse purchased 48,365 shares of The Renewables Infrastructure Group stock in a transaction on Friday, December 20th. The shares were acquired at an average cost of GBX 83 ($1.04) per share, for a total transaction of £40,142.95 ($50,172.42).

The Renewables Infrastructure Group Stock Performance

The Renewables Infrastructure Group stock traded up GBX 0.90 ($0.01) during trading on Friday, hitting GBX 83.50 ($1.04). The company’s stock had a trading volume of 8,123,840 shares, compared to its average volume of 4,308,019. The stock’s fifty day moving average is GBX 92.85 and its 200 day moving average is GBX 97.86. The Renewables Infrastructure Group Limited has a 1-year low of GBX 82.20 ($1.03) and a 1-year high of GBX 117.20 ($1.46). The stock has a market capitalization of £2.07 billion, a price-to-earnings ratio of -8,350.00 and a beta of 0.22.

The Renewables Infrastructure Group Announces Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 1.87 ($0.02) per share. This represents a dividend yield of 1.98%. The ex-dividend date is Thursday, November 14th. The Renewables Infrastructure Group’s dividend payout ratio is currently -70,000.00%.

About The Renewables Infrastructure Group

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.

TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.