Downing Renewables & Infrastructure (LON:DORE) Increases Dividend to GBX 1.45 Per Share

Downing Renewables & Infrastructure (LON:DORE - Get Free Report) declared a dividend on Wednesday, May 22nd, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 30th will be given a dividend of GBX 1.45 ($0.02) per share on Friday, June 28th. This represents a dividend yield of 1.86%. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Downing Renewables & Infrastructure's previous dividend of $1.35. The official announcement can be accessed at this link.

Downing Renewables & Infrastructure Trading Down 1.5 %

DORE stock traded down GBX 1.20 ($0.02) during trading hours on Wednesday, hitting GBX 76.60 ($0.97). 166,352 shares of the stock were exchanged, compared to its average volume of 204,793. The firm has a market capitalization of £140.10 million and a P/E ratio of 1,276.67. Downing Renewables & Infrastructure has a 12 month low of GBX 73 ($0.93) and a 12 month high of GBX 109.50 ($1.39). The company has a 50-day simple moving average of GBX 76.19 and a two-hundred day simple moving average of GBX 83.65.

Insider Buying and Selling at Downing Renewables & Infrastructure

In other news, insider Hugh W. M. Little acquired 45,955 shares of Downing Renewables & Infrastructure stock in a transaction that occurred on Wednesday, May 1st. The shares were acquired at an average price of GBX 75 ($0.95) per share, for a total transaction of £34,466.25 ($43,805.60). Company insiders own 25.82% of the company's stock.

Downing Renewables & Infrastructure Company Profile

Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 22, 2020.