Renewables Infrastructure Group Ltd (TRIG) Scheduled to Post Earnings on Wednesday
Shares of Renewables Infrastructure Group Ltd (LON TRIG) opened at 110.30 on Wednesday. Renewables Infrastructure Group Ltd has a 52 week low of GBX 0.96 and a 52 week high of GBX 110.50. The stock’s 50 day moving average is GBX 1.00 and its 200 day moving average is GBX 1.00.
The business also recently announced a dividend, which will be paid on Friday, September 29th. Stockholders of record on Thursday, August 17th will be given a GBX 1.60 ($0.02) dividend. This represents a dividend yield of 1.46%. The ex-dividend date of this dividend is Thursday, August 17th.
Separately, Macquarie boosted their price objective on shares of Renewables Infrastructure Group from GBX 112 ($1.46) to GBX 114 ($1.48) and gave the company an “outperform” rating in a research report on Wednesday, July 5th.
Renewables Infrastructure Group Company Profile
The Renewables Infrastructure Group Limited is a closed-ended investment company, investing in and managing a portfolio of investments in renewable energy infrastructure project companies. Its objectives are to provide shareholders with an attractive long-term income-based return with a positive correlation to inflation by focusing on strong cash generation across a diversified portfolio of predominantly operating projects; to maintain prudent financial management in terms of the approach to cost control, cash management, dividend cover, financing arrangements and foreign exchange and interest rate hedging, and to diversify its investment portfolio to enhance spreading of risk, increase share liquidity and obtain further scale efficiencies, while seeking to enhance Net Asset Value (NAV) per share for investors.
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