Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) Raises Dividend to GBX 2.13 Per Share

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL) declared a dividend on Thursday, January 23rd,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 30th will be paid a dividend of GBX 2.13 ($0.03) per share on Friday, February 28th. This represents a yield of 1.11%. The ex-dividend date of this dividend is Thursday, January 30th. This is an increase from Ecofin Global Utilities and Infrastructure Trust’s previous dividend of $2.05. The official announcement can be viewed at this link.

Ecofin Global Utilities and Infrastructure Trust Trading Down 0.5 %

LON EGL opened at GBX 184 ($2.29) on Tuesday. The business’s fifty day moving average is GBX 186.30 and its 200-day moving average is GBX 187.29. The company has a debt-to-equity ratio of 9.44, a current ratio of 0.35 and a quick ratio of 0.04. The stock has a market capitalization of £203.96 million, a price-to-earnings ratio of -1,022.22 and a beta of 0.53. Ecofin Global Utilities and Infrastructure Trust has a one year low of GBX 144.03 ($1.79) and a one year high of GBX 204 ($2.54).

Ecofin Global Utilities and Infrastructure Trust (LON:EGL) last released its earnings results on Tuesday, December 17th. The company reported GBX 7.17 ($0.09) earnings per share for the quarter.

Insider Buying and Selling at Ecofin Global Utilities and Infrastructure Trust

In related news, insider David Simpson sold 27,766 shares of the business’s stock in a transaction dated Thursday, December 19th. The stock was sold at an average price of GBX 176 ($2.19), for a total value of £48,868.16 ($60,803.98). 0.75% of the stock is owned by corporate insiders.

Ecofin Global Utilities and Infrastructure Trust Company Profile

Ecofin Global Utilities and Infrastructure Trust plc is a closed-ended equity mutual fund launched and managed by Tortoise Advisors UK Limited. manages assets for clients worldwide. The fund invests in the public equity markets across the globe. It primarily invests in growth stocks of companies. The fund seeks to invests in utility and infrastructure companies in developed countries.