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

Posted by Lindsey Winhoffer on Jan 28th, 2025

Ecofin Global Utilities and Infrastructure Trust plc (LON:EGL – Get Free Report) declared a dividend on Thursday, January 23rd,Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, January 30th will be given 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 a boost from Ecofin Global Utilities and Infrastructure Trust’s previous dividend of $2.05. The official announcement can be seen at this link.

Ecofin Global Utilities and Infrastructure Trust Stock Up 0.5 %

Shares of LON EGL opened at GBX 186 ($2.31) on Tuesday. The stock has a fifty day moving average price of GBX 186.30 and a 200 day moving average price of GBX 187.29. The company has a current ratio of 0.35, a quick ratio of 0.04 and a debt-to-equity ratio of 9.44. Ecofin Global Utilities and Infrastructure Trust has a 12-month low of GBX 144.03 ($1.79) and a 12-month high of GBX 204 ($2.54). The company has a market cap of £206.18 million, a P/E ratio of -1,033.33 and a beta of 0.53.

Ecofin Global Utilities and Infrastructure Trust (LON:EGL – Get Free Report) last posted its quarterly earnings data on Tuesday, December 17th. The company reported GBX 7.17 ($0.09) earnings per share (EPS) for the quarter.

Insider Activity 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 that occurred on Thursday, December 19th. The stock was sold at an average price of GBX 176 ($2.19), for a total transaction of £48,868.16 ($60,803.98). Corporate insiders own 0.75% of the company’s stock.

About Ecofin Global Utilities and Infrastructure Trust

(Get Free Report)

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.