Hugh W. M. Little Acquires 45,955 Shares of Downing Renewables & Infrastructure (LON:DORE) Stock

Downing Renewables & Infrastructure (LON:DORE) insider Hugh W. M. Little purchased 45,955 shares of the firm’s stock in a transaction that occurred on Wednesday, May 1st. The stock was bought at an average cost of GBX 75 ($0.94) per share, for a total transaction of £34,466.25 ($43,293.87).

Downing Renewables & Infrastructure Stock Down 0.5 %

DORE stock traded down GBX 0.38 ($0.00) during midday trading on Thursday, reaching GBX 75.12 ($0.94). 189,478 shares of the company’s stock traded hands, compared to its average volume of 188,469. The company has a 50-day simple moving average of GBX 78.37 and a two-hundred day simple moving average of GBX 85.50. Downing Renewables & Infrastructure has a 1-year low of GBX 73 ($0.92) and a 1-year high of GBX 111 ($1.39). The company has a market cap of £137.39 million and a price-to-earnings ratio of 1,251.93.

Downing Renewables & Infrastructure Announces Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, February 29th were given a GBX 1.35 ($0.02) dividend. This represents a yield of 1.54%. The ex-dividend date was Thursday, February 29th. Downing Renewables & Infrastructure’s payout ratio 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.