Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) Announces Quarterly Dividend of $0.15

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) declared a quarterly dividend on Thursday, May 2nd, NASDAQ reports. Shareholders of record on Monday, May 13th will be given a dividend of 0.15 per share on Friday, May 24th. This represents a $0.60 dividend on an annualized basis and a yield of 6.55%. The ex-dividend date is Friday, May 10th.

Polaris Renewable Energy Stock Performance

Shares of RAMPF stock opened at $9.16 on Thursday. Polaris Renewable Energy has a one year low of $7.94 and a one year high of $11.77. The firm’s 50 day moving average price is $8.49 and its 200-day moving average price is $9.23.

Polaris Renewable Energy Company Profile

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.