The Renewables Infrastructure Group Limited (LON:TRIG) Insider Richard Morse Buys 48,365 Shares of Stock

The Renewables Infrastructure Group Limited (LON:TRIG) insider Richard Morse acquired 48,365 shares of The Renewables Infrastructure Group stock in a transaction on Friday, December 20th. The shares were purchased at an average cost of GBX 83 ($1.04) per share, with a total value of £40,142.95 ($50,449.86).

The Renewables Infrastructure Group Stock Performance

Shares of The Renewables Infrastructure Group stock opened at GBX 83.50 ($1.05) on Friday. The stock has a market capitalization of £2.07 billion, a P/E ratio of -8,350.00 and a beta of 0.22. The stock’s 50-day simple moving average is GBX 92.54 and its 200 day simple moving average is GBX 97.75. The Renewables Infrastructure Group Limited has a 52-week low of GBX 82.20 ($1.03) and a 52-week high of GBX 117.20 ($1.47).

The Renewables Infrastructure Group Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, November 14th will be issued a dividend of GBX 1.87 ($0.02) per share. The ex-dividend date of this dividend is Thursday, November 14th. This represents a yield of 1.98%. The Renewables Infrastructure Group’s payout ratio is -70,000.00%.

About The Renewables Infrastructure Group

TRIG is an investment company whose purpose is to generate sustainable returns from a diversified portfolio of renewables infrastructure that contribute towards a net zero carbon future.

TRIG’s diversified portfolio predominantly consists of operational wind farms, solar parks and battery storage projects in the UK and Europe.