Insider Buying: Downing Renewables & Infrastructure (LON:DORE) Insider Buys 45,955 Shares of Stock

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

Downing Renewables & Infrastructure Trading Up 1.3 %

Shares of Downing Renewables & Infrastructure stock opened at GBX 75.50 ($0.95) on Friday. The company has a fifty day simple moving average of GBX 77.93 and a 200-day simple moving average of GBX 85.28. Downing Renewables & Infrastructure has a 12-month low of GBX 73 ($0.92) and a 12-month high of GBX 111 ($1.39). The stock has a market cap of £138.09 million and a price-to-earnings ratio of 1,258.33.

Downing Renewables & Infrastructure Dividend Announcement

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