Triple Point Energy Transition (LON:TENT) Increases Dividend to GBX 25 Per Share

Triple Point Energy Transition (LON:TENT) announced a dividend on Friday, September 6th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, September 19th will be paid a dividend of GBX 25 ($0.33) per share on Friday, October 4th. This represents a yield of 36.13%. The ex-dividend date of this dividend is Thursday, September 19th. This is a boost from Triple Point Energy Transition’s previous dividend of $1.38. The official announcement can be seen at this link.

Triple Point Energy Transition Stock Performance

TENT stock opened at GBX 71.60 ($0.94) on Friday. The company has a market cap of £71.61 million, a price-to-earnings ratio of -1,017.14 and a beta of 0.26. The business’s 50-day moving average is GBX 68.57 and its two-hundred day moving average is GBX 66.11. Triple Point Energy Transition has a fifty-two week low of GBX 51 ($0.67) and a fifty-two week high of GBX 75 ($0.99).

About Triple Point Energy Transition

Triple Point Energy Transition plc invests in energy system projects in the United Kingdom and rest of Europe. It focuses on investments in low carbon decentralised energy generation, energy storage and distribution, and onsite energy generation and low carbon consumption. The company was formerly known as Triple Point Energy Efficiency Infrastructure Company plc and changed its name to Triple Point Energy Transition plc in August 2022.