Greencoat Renewables (LON:GRP) Shares Up 0.6%

Greencoat Renewables (LON:GRP) shares shot up 0.6% during mid-day trading on Tuesday . The company traded as high as GBX 0.88 ($0.01) and last traded at GBX 0.88 ($0.01). 36,351 shares changed hands during trading, a decline of 92% from the average session volume of 445,547 shares. The stock had previously closed at GBX 0.88 ($0.01).

Greencoat Renewables Stock Down 1.9 %

The company has a debt-to-equity ratio of 65.97, a current ratio of 0.25 and a quick ratio of 15.30. The company has a market capitalization of £9.94 million, a P/E ratio of 6.91 and a beta of 0.03. The stock has a 50-day moving average price of GBX 0.87 and a 200-day moving average price of GBX 0.89.

Greencoat Renewables Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 24th. Stockholders of record on Thursday, May 2nd were given a dividend of €0.02 ($0.02) per share. This represents a dividend yield of 1.96%. This is an increase from Greencoat Renewables’s previous dividend of $0.02. The ex-dividend date of this dividend was Thursday, May 2nd. Greencoat Renewables’s dividend payout ratio (DPR) is 4,615.38%.

Greencoat Renewables Company Profile

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.