Downing Renewables & Infrastructure (LON:DORE) Insider Purchases £23,400 in Stock

Downing Renewables & Infrastructure (LON:DORE) insider Ashley Paxton bought 30,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 6th. The shares were acquired at an average price of GBX 78 ($1.00) per share, with a total value of £23,400 ($29,904.15).

Downing Renewables & Infrastructure Trading Down 0.8 %

Shares of Downing Renewables & Infrastructure stock opened at GBX 77.40 ($0.99) on Friday. The firm has a market cap of £141.56 million and a PE ratio of 1,290.00. Downing Renewables & Infrastructure has a 12 month low of GBX 73 ($0.93) and a 12 month high of GBX 95.84 ($1.22). The stock has a 50 day moving average of GBX 78.25 and a 200 day moving average of GBX 79.59.

Downing Renewables & Infrastructure Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Thursday, May 30th were issued a dividend of GBX 1.45 ($0.02) per share. This is an increase from Downing Renewables & Infrastructure’s previous dividend of $1.35. This represents a yield of 1.86%. The ex-dividend date of this dividend was Thursday, May 30th. Downing Renewables & Infrastructure’s dividend payout ratio (DPR) is presently 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.