Shares of Triple Point Energy Transition (LON:TENT – Get Free Report) were up 9.3% on Monday after the company announced a dividend. The company traded as high as GBX 65.80 ($0.84) and last traded at GBX 65.56 ($0.83). Approximately 348,485 shares were traded during mid-day trading, an increase of 137% from the average daily volume of 146,873 shares. The stock had previously closed at GBX 59.97 ($0.76).
The newly announced dividend which will be paid on Friday, July 19th. Stockholders of record on Thursday, July 4th will be paid a GBX 1.38 ($0.02) dividend. This represents a dividend yield of 2.25%. The ex-dividend date is Thursday, July 4th.
Triple Point Energy Transition Price Performance
The company has a 50 day moving average price of GBX 63.46 and a two-hundred day moving average price of GBX 64.82. The stock has a market cap of £65.57 million, a PE ratio of 700.00 and a beta of 0.27.
About Triple Point Energy Transition
Triple Point Energy Transition plc invests in energy system projects in the United Kingdom and rest of Europe. It focuses on investments in low carbon decentralised energy generation, energy storage and distribution, and onsite energy generation and low carbon consumption. The company was formerly known as Triple Point Energy Efficiency Infrastructure Company plc and changed its name to Triple Point Energy Transition plc in August 2022.
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