The Renewables Infrastructure Group Limited (LON:TRIG) to Issue Dividend of GBX 1.87

The Renewables Infrastructure Group Limited (LON:TRIG) declared a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of GBX 1.87 ($0.02) per share on Tuesday, December 31st. This represents a dividend yield of 1.98%. The ex-dividend date of this dividend is Thursday, November 14th. The official announcement can be seen at this link.

The Renewables Infrastructure Group Stock Down 0.5 %

TRIG stock opened at GBX 93.25 ($1.20) on Wednesday. The company has a 50-day simple moving average of GBX 100.21 and a 200 day simple moving average of GBX 99.92. The company has a market capitalization of £2.31 billion, a P/E ratio of -9,370.00 and a beta of 0.22. The Renewables Infrastructure Group has a fifty-two week low of GBX 93.10 ($1.20) and a fifty-two week high of GBX 117.20 ($1.51).

Analyst Ratings Changes

Separately, Royal Bank of Canada reduced their price target on shares of The Renewables Infrastructure Group from GBX 135 ($1.74) to GBX 130 ($1.67) and set an “outperform” rating for the company in a research note on Tuesday, August 13th.

The Renewables Infrastructure Group Company Profile

The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia.