Downing Renewables & Infrastructure (LON:DORE) Trading Down 0.6% – Here’s What Happened

Downing Renewables & Infrastructure (LON:DORE)’s share price traded down 0.6% during mid-day trading on Thursday . The company traded as low as GBX 79.60 ($0.98) and last traded at GBX 80 ($0.98). 81,732 shares were traded during mid-day trading, a decline of 52% from the average session volume of 171,004 shares. The stock had previously closed at GBX 80.50 ($0.99).

Downing Renewables & Infrastructure Stock Down 0.6 %

The stock has a market cap of £146.32 million and a price-to-earnings ratio of 1,333.33. The company has a 50 day simple moving average of GBX 79.67 and a 200 day simple moving average of GBX 79.88.

Downing Renewables & Infrastructure Dividend Announcement

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