() fell below its 50-day moving average on Tuesday. The stock's 50-day moving average is GBX 125.44 (1.55 dollars) and it traded as low as GBX 118.58 (1.47 dollars). The Renewables Infrastructure Group's shares were last traded at GBX 119.40 (USD 1.48), with a volume 4,111,316.
The Renewables Infrastructure Group Price performance
The company's 50-day moving-average is GBX 125.22, and its two-hundred-day moving-average is GBX 127.85. A dividend was also announced by the firm, and will be paid out on Friday 30th June. Investors who held shares on Thursday, 11th May will receive a dividend payment of GBX 1,80 ($0.02) each. The ex-dividend day is Thursday, 11th May. The Renewables Infrastructure Group had previously paid a dividend of $1.71. This yield is 1.38%. The Renewables Infrastructure Group has a dividend payout ratio of 3,333.33%.
About the Renewable Infrastructure Group
The Renewables Infrastructure Group Limited is a specialist in infrastructure investment. The fund invests primarily in assets that generate electricity using renewable sources. It focuses on solar photovoltaic and onshore wind farms. It is looking to invest in the United Kingdom, Northern European countries, including France, Ireland and Germany, as well as Scandinavia.
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