NextEnergy Solar Fund Limited (LON:NESF) Insider Caroline Chan Buys 39,000 Shares

NextEnergy Solar Fund Limited (LON:NESF) insider Caroline Chan purchased 39,000 shares of the firm’s stock in a transaction that occurred on Friday, December 13th. The stock was acquired at an average price of GBX 66 ($0.83) per share, for a total transaction of £25,740 ($32,500.00).

NextEnergy Solar Fund Stock Performance

LON NESF opened at GBX 66.30 ($0.84) on Monday. The firm has a 50-day moving average price of GBX 73.53 and a two-hundred day moving average price of GBX 77.13. NextEnergy Solar Fund Limited has a 12-month low of GBX 65.70 ($0.83) and a 12-month high of GBX 94.40 ($1.19). The company has a market capitalization of £391.71 million, a P/E ratio of 828.75, a P/E/G ratio of 1.17 and a beta of 0.29. The company has a quick ratio of 13.96, a current ratio of 14.49 and a debt-to-equity ratio of 30.98.

NextEnergy Solar Fund Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Thursday, November 14th will be given a dividend of GBX 2.11 ($0.03) per share. The ex-dividend date is Thursday, November 14th. This represents a yield of 2.91%. This is an increase from NextEnergy Solar Fund’s previous dividend of $2.10. NextEnergy Solar Fund’s dividend payout ratio is currently 10,000.00%.

About NextEnergy Solar Fund

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.