Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) Raises Dividend to GBX 2.13 Per Share

Posted by Amy Steele on Jan 28th, 2025

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL – Get Free Report) announced a dividend on Thursday, January 23rd,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be paid a dividend of GBX 2.13 ($0.03) per share on Friday, February 28th. This represents a yield of 1.11%. The ex-dividend date is Thursday, January 30th. This is an increase from Ecofin Global Utilities and Infrastructure Trust’s previous dividend of $2.05. The official announcement can be viewed at this link.

Ecofin Global Utilities and Infrastructure Trust Price Performance

Shares of EGL opened at GBX 186 ($2.31) on Tuesday. The company has a market capitalization of £206.18 million, a price-to-earnings ratio of -1,033.33 and a beta of 0.53. The business’s 50-day moving average is GBX 186.30 and its 200-day moving average is GBX 187.29. Ecofin Global Utilities and Infrastructure Trust has a fifty-two week low of GBX 144.03 ($1.79) and a fifty-two week high of GBX 204 ($2.54). The company has a debt-to-equity ratio of 9.44, a current ratio of 0.35 and a quick ratio of 0.04.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL – Get Free Report) last posted its earnings results on Tuesday, December 17th. The company reported GBX 7.17 ($0.09) earnings per share (EPS) for the quarter.

Insiders Place Their Bets

In related news, insider David Simpson sold 27,766 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 176 ($2.19), for a total value of £48,868.16 ($60,803.98). Company insiders own 0.75% of the company’s stock.

About Ecofin Global Utilities and Infrastructure Trust

(Get Free Report)

Ecofin Global Utilities and Infrastructure Trust plc is a closed-ended equity mutual fund launched and managed by Tortoise Advisors UK Limited. manages assets for clients worldwide. The fund invests in the public equity markets across the globe. It primarily invests in growth stocks of companies. The fund seeks to invests in utility and infrastructure companies in developed countries.