Foresight Solar (LON:FSFL) to Issue GBX 2 Dividend

Foresight Solar (LON:FSFL - Get Free Report) declared a dividend on Tuesday, February 18th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 2 ($0.03) per share on Friday, May 23rd. This represents a yield of 2.45%. The ex-dividend date of this dividend is Thursday, April 24th. The official announcement can be accessed at this link.

Foresight Solar Stock Performance

LON FSFL traded up GBX 0.20 ($0.00) during trading hours on Friday, hitting GBX 79.10 ($1.05). 1,008,006 shares of the stock were exchanged, compared to its average volume of 1,280,804. The company has a quick ratio of 121.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. The company has a market cap of £448.02 million, a price-to-earnings ratio of 71.21 and a beta of 0.27. Foresight Solar has a 12-month low of GBX 68 ($0.91) and a 12-month high of GBX 95.20 ($1.27). The stock has a 50-day moving average of GBX 78.51 and a 200 day moving average of GBX 78.39.

Foresight Solar (LON:FSFL - Get Free Report) last issued its earnings results on Thursday, March 20th. The company reported GBX 0.52 ($0.01) earnings per share (EPS) for the quarter. Foresight Solar had a return on equity of 0.94% and a net margin of 44.44%. As a group, equities research analysts forecast that Foresight Solar will post 2.0674521 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group restated a "buy" rating on shares of Foresight Solar in a report on Tuesday, February 18th.

About Foresight Solar

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.