Bluefield Solar Income Fund (LON:BSIF) Posts Earnings Results

Bluefield Solar Income Fund (LON:BSIF) announced its earnings results on Thursday. The company reported GBX 6.83 ($0.09) EPS for the quarter, Digital Look Earnings reports. Bluefield Solar Income Fund had a net margin of 129.55% and a negative return on equity of 1.19%.

Bluefield Solar Income Fund Stock Down 1.1 %

LON BSIF opened at GBX 87 ($1.09) on Friday. The stock has a market capitalization of £517.51 million, a P/E ratio of -55.56 and a beta of 0.14. Bluefield Solar Income Fund has a 52-week low of GBX 80.50 ($1.01) and a 52-week high of GBX 112.40 ($1.41). The firm has a 50-day moving average price of GBX 87.13 and a 200 day moving average price of GBX 97.89.

Bluefield Solar Income Fund Dividend Announcement

The firm also recently announced a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be issued a GBX 2.20 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 2.68%. Bluefield Solar Income Fund’s payout ratio is -574.78%.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund’s initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE).