Shares of Octopus Renewables Infrastructure (LON:ORIT – Get Free Report) reached a new 52-week low on Tuesday . The company traded as low as GBX 67.30 ($0.83) and last traded at GBX 70.60 ($0.87), with a volume of 2430476 shares changing hands. The stock had previously closed at GBX 70.70 ($0.87).
Octopus Renewables Infrastructure Stock Up 1.4 %
The company has a market capitalization of £402.80 million, a PE ratio of 3,565.00 and a beta of 0.17. The stock has a 50-day moving average of GBX 75.26 and a 200 day moving average of GBX 83.27.
Octopus Renewables Infrastructure Dividend Announcement
The firm also recently declared a dividend, which was paid on Friday, February 23rd. Investors of record on Thursday, February 8th were given a dividend of GBX 1.45 ($0.02) per share. This represents a dividend yield of 1.67%. The ex-dividend date was Thursday, February 8th. Octopus Renewables Infrastructure’s payout ratio is 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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