OPG Power Ventures Plc. (OPG) Raises Dividend to GBX 0.72 Per Share
OPG Power Ventures Plc. (LON:OPG) declared a dividend on Friday, October 13th, Upcoming.Co.Uk reports. Investors of record on Thursday, November 9th will be paid a dividend of GBX 0.72 ($0.01) per share by the solar energy provider on Friday, December 22nd. This represents a yield of 2.48%. The ex-dividend date is Thursday, November 9th. This is an increase from OPG Power Ventures Plc.’s previous dividend of $0.26. The official announcement can be viewed at this link.
OPG Power Ventures Plc. (LON:OPG) opened at GBX 28 ($0.37) on Friday.
OPG has been the topic of a number of analyst reports. Shore Capital restated a “hold” rating on shares of OPG Power Ventures Plc. in a research report on Wednesday, August 30th. Macquarie reduced their price target on shares of OPG Power Ventures Plc. from GBX 120 ($1.58) to GBX 90 ($1.19) and set an “outperform” rating on the stock in a research report on Thursday, August 31st.
About OPG Power Ventures Plc.
OPG Power Ventures Plc is primarily engaged in the development, owning, operation and maintenance of private sector power projects in India. The electricity generated from the Company’s plants is sold principally to public sector undertakings and heavy industrial companies in India or in the short-term market.
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