NextEnergy Solar Fund Limited (LON:NESF) Announces Dividend Increase – GBX 2.11 Per Share

NextEnergy Solar Fund Limited (LON:NESF) declared a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 14th will be paid a dividend of GBX 2.11 ($0.03) per share on Monday, December 30th. This represents a yield of 2.91%. The ex-dividend date is Thursday, November 14th. This is a positive change from NextEnergy Solar Fund’s previous dividend of $2.10. The official announcement can be accessed at this link.

NextEnergy Solar Fund Price Performance

NESF stock opened at GBX 74.13 ($0.96) on Friday. The stock has a market capitalization of £437.95 million, a price-to-earnings ratio of 918.75, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29. The company has a quick ratio of 13.96, a current ratio of 14.49 and a debt-to-equity ratio of 30.98. NextEnergy Solar Fund has a 52-week low of GBX 70.30 ($0.92) and a 52-week high of GBX 94.40 ($1.23). The stock’s fifty day simple moving average is GBX 77.92 and its 200-day simple moving average is GBX 77.90.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.