Octopus Renewables Infrastructure (LON:ORIT – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as GBX 68.10 ($0.85) and last traded at GBX 69 ($0.86), with a volume of 1277853 shares. The stock had previously closed at GBX 69 ($0.86).
Octopus Renewables Infrastructure Price Performance
The firm has a market cap of £390.37 million, a price-to-earnings ratio of 3,455.00 and a beta of 0.17. The firm has a fifty day simple moving average of GBX 76.06 and a two-hundred day simple moving average of GBX 83.81.
Octopus Renewables Infrastructure Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, February 23rd. Shareholders of record on Thursday, February 8th were issued a GBX 1.45 ($0.02) dividend. This represents a yield of 1.67%. The ex-dividend date was Thursday, February 8th. Octopus Renewables Infrastructure’s dividend payout ratio is presently 30,000.00%.
About Octopus Renewables Infrastructure
Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW.
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