Downing Renewables & Infrastructure (LON:DORE) Shares Down 0.6% – What’s Next?

Shares of Downing Renewables & Infrastructure (LON:DORE) dropped 0.6% during mid-day trading on Thursday . The company traded as low as GBX 79.60 ($0.97) and last traded at GBX 80 ($0.98). Approximately 81,732 shares were traded during trading, a decline of 52% from the average daily volume of 171,004 shares. The stock had previously closed at GBX 80.50 ($0.98).

Downing Renewables & Infrastructure Trading Up 1.6 %

The firm has a market capitalization of £149.25 million and a P/E ratio of 1,360.00. The firm has a 50 day moving average price of GBX 79.65 and a 200-day moving average price of GBX 79.89.

Downing Renewables & Infrastructure Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Thursday, November 28th were paid a dividend of GBX 1.45 ($0.02) per share. This represents a yield of 1.77%. The ex-dividend date of this dividend was Thursday, November 28th. Downing Renewables & Infrastructure’s payout ratio is 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.