The Renewables Infrastructure Group Limited (LON:TRIG) Plans GBX 1.87 Dividend

The Renewables Infrastructure Group Limited (LON:TRIG) announced a dividend on Thursday, November 7th,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, November 14th will be paid a dividend of GBX 1.87 ($0.02) per share on Tuesday, December 31st. This represents a dividend yield of 1.98%. The ex-dividend date is Thursday, November 14th. The official announcement can be seen at this link.

The Renewables Infrastructure Group Price Performance

TRIG opened at GBX 94.50 ($1.23) on Friday. The Renewables Infrastructure Group has a fifty-two week low of GBX 93.30 ($1.21) and a fifty-two week high of GBX 117.20 ($1.53). The firm has a market cap of £2.34 billion, a price-to-earnings ratio of -9,450.00 and a beta of 0.22. The company’s 50-day moving average price is GBX 100.57 and its 200 day moving average price is GBX 100.

Analysts Set New Price Targets

Separately, Royal Bank of Canada lowered their price target on The Renewables Infrastructure Group from GBX 135 ($1.76) to GBX 130 ($1.69) and set an “outperform” rating on the stock in a report on Tuesday, August 13th.

About The Renewables Infrastructure Group

The Renewables Infrastructure Group Limited specializes in infrastructure investments. The fund typically invests in operational assets which generate electricity from renewable sources, with a particular focus on onshore wind farms and solar photovoltaic parks. It seeks to invest in United Kingdom and Northern European countries including France, Ireland, Germany and Scandinavia.