Helen M. Mahy Buys 22,876 Shares of NextEnergy Solar Fund Limited (LON:NESF) Stock

NextEnergy Solar Fund Limited (LON:NESF) insider Helen M. Mahy purchased 22,876 shares of the firm’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average cost of GBX 65 ($0.82) per share, for a total transaction of £14,869.40 ($18,694.24).

NextEnergy Solar Fund Stock Performance

NextEnergy Solar Fund stock opened at GBX 64.90 ($0.82) on Thursday. The company’s 50-day moving average price is GBX 72.96 and its 200-day moving average price is GBX 76.96. The company has a quick ratio of 13.96, a current ratio of 14.49 and a debt-to-equity ratio of 30.98. The company has a market cap of £383.44 million, a PE ratio of 811.25, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29. NextEnergy Solar Fund Limited has a twelve month low of GBX 64.13 ($0.81) and a twelve month high of GBX 94.40 ($1.19).

NextEnergy Solar Fund Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, December 30th. Investors of record on Thursday, November 14th will be given a GBX 2.11 ($0.03) dividend. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 2.91%. This is a positive change from NextEnergy Solar Fund’s previous dividend of $2.10. NextEnergy Solar Fund’s dividend payout ratio (DPR) is currently 10,000.00%.

About NextEnergy Solar Fund

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.