HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) Raises Dividend to $0.43 Per Share

HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI) declared a quarterly dividend on Thursday, February 12th. Shareholders of record on Thursday, April 2nd will be paid a dividend of 0.425 per share by the real estate investment trust on Friday, April 17th. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend is Thursday, April 2nd. This is a 1.2% increase from HA Sustainable Infrastructure Capital’s previous quarterly dividend of $0.42.

HA Sustainable Infrastructure Capital has raised its dividend by an average of 0.0%per year over the last three years and has raised its dividend every year for the last 2 years. HA Sustainable Infrastructure Capital has a dividend payout ratio of 57.5% meaning its dividend is sufficiently covered by earnings. Equities analysts expect HA Sustainable Infrastructure Capital to earn $2.72 per share next year, which means the company should continue to be able to cover its $1.68 annual dividend with an expected future payout ratio of 61.8%.

HA Sustainable Infrastructure Capital Stock Performance

Shares of HA Sustainable Infrastructure Capital stock opened at $38.76 on Friday. The firm has a fifty day moving average of $33.73 and a two-hundred day moving average of $30.91. The company has a debt-to-equity ratio of 1.93, a quick ratio of 11.03 and a current ratio of 11.03. The stock has a market capitalization of $4.90 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.29 and a beta of 1.45. HA Sustainable Infrastructure Capital has a 52 week low of $21.98 and a 52 week high of $39.21.

About HA Sustainable Infrastructure Capital

Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.

Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.