The Renewables Infrastructure Group Limited (LON:TRIG) Insider Richard Morse Purchases 48,365 Shares

The Renewables Infrastructure Group Limited (LON:TRIG) insider Richard Morse bought 48,365 shares of The Renewables Infrastructure Group stock in a transaction that occurred on Friday, December 20th. The stock was bought at an average cost of GBX 83 ($1.04) per share, for a total transaction of £40,142.95 ($50,172.42).

The Renewables Infrastructure Group Price Performance

The Renewables Infrastructure Group stock traded up GBX 0.90 ($0.01) during mid-day trading on Friday, hitting GBX 83.50 ($1.04). 8,123,840 shares of the company were exchanged, compared to its average volume of 4,308,019. The company has a market capitalization of £2.07 billion, a P/E ratio of -8,350.00 and a beta of 0.22. The Renewables Infrastructure Group Limited has a 12-month low of GBX 82.20 ($1.03) and a 12-month high of GBX 117.20 ($1.46). The business’s 50 day simple moving average is GBX 92.85 and its two-hundred day simple moving average is GBX 97.86.

The Renewables Infrastructure Group Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, November 14th will be issued a GBX 1.87 ($0.02) dividend. The ex-dividend date is Thursday, November 14th. This represents a yield of 1.98%. The Renewables Infrastructure Group’s dividend payout ratio (DPR) is -70,000.00%.

About The Renewables Infrastructure Group

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.

TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.