Downing Renewables & Infrastructure (LON:DORE) Shares Down 0.6% – What’s Next?

Downing Renewables & Infrastructure (LON:DORE)’s share price fell 0.6% during mid-day trading on Thursday . The stock traded as low as GBX 79.60 ($0.97) and last traded at GBX 80 ($0.98). 81,732 shares changed hands during trading, a decline of 52% from the average session volume of 171,004 shares. The stock had previously closed at GBX 80.50 ($0.98).

Downing Renewables & Infrastructure Trading Up 1.6 %

The business’s fifty day moving average price is GBX 79.65 and its 200-day moving average price is GBX 79.89. The company has a market capitalization of £149.25 million and a P/E ratio of 1,360.00.

Downing Renewables & Infrastructure Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Thursday, November 28th were given a dividend of GBX 1.45 ($0.02) per share. The ex-dividend date was Thursday, November 28th. This represents a dividend yield of 1.77%. Downing Renewables & Infrastructure’s dividend payout ratio (DPR) is presently 8,333.33%.

About Downing Renewables & Infrastructure

Downing Renewables & Infrastructure Trust PLC focuses on investing in a portfolio of renewable energy generating assets in the United Kingdom, Ireland, and Northern Europe. Its portfolio of assets cover wind, solar, hydro, geothermal, and other infrastructure assets. The company was formerly known as DR&I Trust PLC and changed its name to Downing Renewables & Infrastructure Trust PLC on October 22, 2020.