Helen M. Mahy Purchases 22,876 Shares of NextEnergy Solar Fund Limited (LON:NESF) Stock

NextEnergy Solar Fund Limited (LON:NESF) insider Helen M. Mahy bought 22,876 shares of the business’s stock in a transaction dated Tuesday, December 17th. The shares were acquired at an average cost of GBX 65 ($0.82) per share, for a total transaction of £14,869.40 ($18,694.24).

NextEnergy Solar Fund Stock Up 0.9 %

Shares of LON NESF opened at GBX 64.90 ($0.82) on Thursday. NextEnergy Solar Fund Limited has a 52-week low of GBX 64.13 ($0.81) and a 52-week high of GBX 94.40 ($1.19). The firm has a market capitalization of £383.44 million, a price-to-earnings ratio of 811.25, a PEG ratio of 1.17 and a beta of 0.29. The stock has a 50 day moving average price of GBX 72.96 and a 200 day moving average price of GBX 76.96. The company has a debt-to-equity ratio of 30.98, a quick ratio of 13.96 and a current ratio of 14.49.

NextEnergy Solar Fund Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 30th. Stockholders of record on Thursday, November 14th will be given a GBX 2.11 ($0.03) dividend. This represents a dividend yield of 2.91%. The ex-dividend date is Thursday, November 14th. This is a boost from NextEnergy Solar Fund’s previous dividend of $2.10. NextEnergy Solar Fund’s dividend payout ratio is presently 10,000.00%.

NextEnergy Solar Fund Company Profile

NextEnergy Solar Fund Limited specializes in investments in operational solar photovoltaic (PV) assets. The fund intends primarily to acquire operating assets, but may invest in assets that are under development, that is, at the stage of origination, project planning or construction. Within this sector it intends to acquire assets that are primarily ground-based and utility-scale and which are on sites that may be agricultural, industrial, and/or commercial.