Foresight Solar (LON:FSFL) Plans Dividend of GBX 2

Foresight Solar (LON:FSFL) announced a dividend on Tuesday, February 18th, DividendData.Co.Uk reports. Stockholders of record on Thursday, April 24th will be paid a dividend of GBX 2 ($0.03) per share on Friday, May 23rd. This represents a dividend yield of 2.45%. The ex-dividend date of this dividend is Thursday, April 24th. The official announcement can be accessed at this link.

Foresight Solar Trading Up 2.0 %

Foresight Solar stock opened at GBX 82.95 ($1.11) on Tuesday. The stock has a market cap of £469.84 million, a PE ratio of 74.67 and a beta of 0.27. The company has a current ratio of 1.84, a quick ratio of 121.68 and a debt-to-equity ratio of 0.03. The stock has a 50-day moving average price of GBX 78.22 and a 200 day moving average price of GBX 78.62. Foresight Solar has a 52 week low of GBX 68 ($0.91) and a 52 week high of GBX 95.20 ($1.27).

Foresight Solar (LON:FSFL) last posted its quarterly earnings data on Thursday, March 20th. The company reported GBX 0.52 ($0.01) earnings per share for the quarter. Foresight Solar had a net margin of 44.44% and a return on equity of 0.94%. Equities research analysts predict that Foresight Solar will post 2.0674521 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating on shares of Foresight Solar in a research note on Tuesday, February 18th.

About Foresight Solar

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.