NextEnergy Solar Fund (LON:NESF) Shares Down 0.2%

NextEnergy Solar Fund Limited (LON:NESF)’s stock price fell 0.2% during mid-day trading on Thursday . The stock traded as low as GBX 79.80 ($1.05) and last traded at GBX 80.20 ($1.06). 1,022,803 shares traded hands during trading, a decline of 34% from the average session volume of 1,553,759 shares. The stock had previously closed at GBX 80.40 ($1.06).

NextEnergy Solar Fund Stock Up 0.1 %

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 company has a market capitalization of £474.43 million, a P/E ratio of 1,003.75, a PEG ratio of 1.17 and a beta of 0.29. The stock has a 50 day moving average price of GBX 81.35 and a 200 day moving average price of GBX 76.57.

NextEnergy Solar Fund Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 30th. Shareholders of record on Thursday, August 15th will be issued a dividend of GBX 2.10 ($0.03) per share. The ex-dividend date is Thursday, August 15th. This is an increase from NextEnergy Solar Fund’s previous dividend of $2.09. This represents a yield of 2.57%. NextEnergy Solar Fund’s payout ratio is presently 10,000.00%.

Insiders Place Their Bets

In other NextEnergy Solar Fund news, insider Paul Le Page acquired 30,000 shares of the stock in a transaction dated Wednesday, June 19th. The stock was purchased at an average cost of GBX 78 ($1.03) per share, with a total value of £23,400 ($30,858.50). Company insiders own 0.38% of the company’s stock.

NextEnergy Solar Fund Company Profile

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.