NextEnergy Solar Fund Limited (LON:NESF) Plans Dividend Increase – GBX 2.10 Per Share

NextEnergy Solar Fund Limited (LON:NESF) announced a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, August 15th will be given a dividend of GBX 2.10 ($0.03) per share on Monday, September 30th. This represents a yield of 2.57%. The ex-dividend date is Thursday, August 15th. This is a positive change from NextEnergy Solar Fund’s previous dividend of $2.09. The official announcement can be accessed at this link.

NextEnergy Solar Fund Price Performance

NESF stock traded down GBX 0.20 ($0.00) on Wednesday, hitting GBX 83 ($1.06). 1,953,710 shares of the company’s stock traded hands, compared to its average volume of 1,562,762. The company has a current ratio of 14.49, a quick ratio of 13.96 and a debt-to-equity ratio of 30.98. The stock has a market cap of £490.38 million, a price-to-earnings ratio of 1,040.00, a P/E/G ratio of 1.17 and a beta of 0.29. NextEnergy Solar Fund has a 1-year low of GBX 70.30 ($0.90) and a 1-year high of GBX 94.40 ($1.21). The stock has a fifty day moving average of GBX 79.66 and a 200-day moving average of GBX 76.72.

Insider Buying and Selling

In other NextEnergy Solar Fund news, insider Paul Le Page acquired 30,000 shares of the firm’s stock in a transaction on Wednesday, June 19th. The stock was purchased at an average cost of GBX 78 ($1.00) per share, for a total transaction of £23,400 ($29,877.43). 0.38% of the stock is currently owned by company insiders.

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.