SDCL Energy Efficiency Income Trust (LON:SEIT) Trading Up 0.7% – Here’s What Happened

SDCL Energy Efficiency Income Trust Plc (LON:SEIT)’s share price traded up 0.7% during trading on Friday . The stock traded as high as GBX 57.40 ($0.75) and last traded at GBX 56.80 ($0.74). 654,544 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,903,612 shares. The stock had previously closed at GBX 56.40 ($0.73).

SDCL Energy Efficiency Income Trust Stock Performance

The stock’s fifty day simple moving average is GBX 61.17 and its two-hundred day simple moving average is GBX 63.05. The company has a market capitalization of £619.12 million, a price-to-earnings ratio of -568.00 and a beta of 0.48.

SDCL Energy Efficiency Income Trust Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Thursday, September 12th were paid a dividend of GBX 1.58 ($0.02) per share. The ex-dividend date was Thursday, September 12th. This is a positive change from SDCL Energy Efficiency Income Trust’s previous dividend of $1.56. This represents a yield of 2.59%. SDCL Energy Efficiency Income Trust’s dividend payout ratio is currently -6,000.00%.

SDCL Energy Efficiency Income Trust Company Profile

SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.