Renewables Infrastructure Group (LON:TRIG) declared a dividend on Thursday, May 10th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 17th will be paid a dividend of GBX 1.63 ($0.02) per share on Friday, June 29th. This represents a yield of 1.53%. The ex-dividend date is Thursday, May 17th. This is a positive change from Renewables Infrastructure Group’s previous dividend of $1.60. The official announcement can be accessed at this link.
Shares of Renewables Infrastructure Group opened at GBX 104.80 ($1.42) on Friday, MarketBeat Ratings reports. Renewables Infrastructure Group has a 1 year low of GBX 100.75 ($1.37) and a 1 year high of GBX 112.30 ($1.52).
About Renewables Infrastructure Group
The Renewables Infrastructure Group Limited is a closed-ended investment company, investing in and managing a portfolio of investments in renewable energy infrastructure project companies. Its objectives are to provide shareholders with an attractive long-term income-based return with a positive correlation to inflation by focusing on strong cash generation across a diversified portfolio of predominantly operating projects; to maintain prudent financial management in terms of the approach to cost control, cash management, dividend cover, financing arrangements and foreign exchange and interest rate hedging, and to diversify its investment portfolio to enhance spreading of risk, increase share liquidity and obtain further scale efficiencies, while seeking to enhance Net Asset Value (NAV) per share for investors.
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