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

NextEnergy Solar Fund Limited (LON:NESF) insider Helen M. Mahy bought 22,876 shares of the company’s stock in a transaction on Tuesday, December 17th. The shares were acquired at an average price of GBX 65 ($0.82) per share, for a total transaction of £14,869.40 ($18,865.01).

NextEnergy Solar Fund Price Performance

Shares of NextEnergy Solar Fund stock traded down GBX 1.70 ($0.02) during trading on Tuesday, reaching GBX 64.30 ($0.82). The company’s stock had a trading volume of 2,590,858 shares, compared to its average volume of 1,685,278. The business has a 50 day moving average price of GBX 73.27 and a 200-day moving average price of GBX 77.05. NextEnergy Solar Fund Limited has a 12-month low of GBX 64.30 ($0.82) and a 12-month high of GBX 94.40 ($1.20). The company has a market capitalization of £379.90 million, a P/E ratio of 825.00, a price-to-earnings-growth ratio of 1.17 and a beta of 0.29. The company has a quick ratio of 13.96, a current ratio of 14.49 and a debt-to-equity ratio of 30.98.

NextEnergy Solar Fund Increases Dividend

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