Polaris Renewable Energy Inc. (OTCMKTS:RAMPF – Get Free Report) traded down 1.1% during mid-day trading on Monday . The company traded as low as $9.33 and last traded at $9.35. 1,618 shares changed hands during trading, an increase of 10% from the average session volume of 1,465 shares. The stock had previously closed at $9.46.
Polaris Renewable Energy Stock Performance
The stock has a 50-day moving average price of $9.04 and a 200-day moving average price of $9.18.
Polaris Renewable Energy Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Friday, November 22nd. Shareholders of record on Monday, November 11th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.42%. The ex-dividend date was Friday, November 8th.
About Polaris Renewable Energy
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.
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