Octopus Renewables Infrastructure (ORIT) To Go Ex-Dividend on May 16th

Octopus Renewables Infrastructure (LON:ORIT) announced a dividend on Tuesday, May 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 16th will be given a dividend of GBX 1.50 ($0.02) per share on Friday, May 31st. This represents a yield of 2.07%. The ex-dividend date is Thursday, May 16th. This is an increase from Octopus Renewables Infrastructure’s previous dividend of $1.45. The official announcement can be viewed at this link.

Octopus Renewables Infrastructure Price Performance

Shares of ORIT opened at GBX 73.86 ($0.93) on Thursday. Octopus Renewables Infrastructure has a one year low of GBX 67.30 ($0.85) and a one year high of GBX 103.80 ($1.30). The company has a market cap of £417.26 million, a PE ratio of 3,685.00 and a beta of 0.17. The stock has a 50-day moving average of GBX 74.39 and a 200-day moving average of GBX 82.60.

Octopus Renewables Infrastructure Company Profile

Octopus Renewables Infrastructure Trust plc operates as a closed end investment company in Europe and Australia. The company also focuses on building and operating a diversified portfolio of renewable energy assets. As of December 31, 2022, it owned a portfolio of 36 renewable energy assets covering the operational capacity of 662 MW.