Renewables Infrastructure Group Ltd (LON:TRIG) announced a dividend on Thursday, February 8th, Upcoming.Co.Uk reports. Investors of record on Thursday, February 15th will be paid a dividend of GBX 1.60 ($0.02) per share on Thursday, March 29th. This represents a dividend yield of 1.58%. The ex-dividend date is Thursday, February 15th. The official announcement can be seen at this link.
Shares of Renewables Infrastructure Group (LON TRIG) opened at GBX 103.80 ($1.43) on Wednesday. The company has a market cap of $979.55 and a PE ratio of 1,038.00. Renewables Infrastructure Group has a twelve month low of GBX 100.75 ($1.39) and a twelve month high of GBX 112.30 ($1.55).
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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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