Polaris Renewable Energy Inc. (OTCMKTS:RAMPF – Get Free Report)’s share price shot up 2.1% on Thursday . The company traded as high as $8.69 and last traded at $8.60. 1,532 shares traded hands during trading, a decline of 36% from the average session volume of 2,380 shares. The stock had previously closed at $8.42.
Polaris Renewable Energy Stock Performance
The business’s fifty day moving average price is $8.96 and its two-hundred day moving average price is $9.01.
Polaris Renewable Energy Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, February 28th. Investors of record on Monday, February 17th will be issued a $0.15 dividend. The ex-dividend date is Monday, February 17th. This represents a $0.60 annualized dividend and a yield of 6.98%.
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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