Shares of Polaris Renewable Energy Inc. (OTCMKTS:RAMPF – Get Free Report) dropped 0.2% during mid-day trading on Monday . The stock traded as low as $8.89 and last traded at $8.89. Approximately 753 shares were traded during trading, a decline of 49% from the average daily volume of 1,483 shares. The stock had previously closed at $8.91.
Polaris Renewable Energy Price Performance
The stock has a 50-day moving average price of $8.97 and a 200 day moving average price of $9.08.
Polaris Renewable Energy Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 12th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 6.81%. The ex-dividend date of this dividend was Monday, August 12th.
Polaris Renewable Energy Company Profile
Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.
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