Caroline Chan Acquires 39,000 Shares of NextEnergy Solar Fund Limited (LON:NESF) Stock

Posted by ABMN Staff on Dec 15th, 2024

NextEnergy Solar Fund Limited (LON:NESF – Get Free Report) insider Caroline Chan bought 39,000 shares of the company’s stock in a transaction dated Friday, December 13th. The stock was purchased at an average cost of GBX 66 ($0.83) per share, for a total transaction of £25,740 ($32,487.69).

NextEnergy Solar Fund Stock Performance

NESF opened at GBX 66.30 ($0.84) on Friday. The company has a quick ratio of 13.96, a current ratio of 14.49 and a debt-to-equity ratio of 30.98. The stock has a market cap of £391.71 million, a price-to-earnings ratio of 828.75, a PEG ratio of 1.17 and a beta of 0.29. NextEnergy Solar Fund Limited has a 12-month low of GBX 65.70 ($0.83) and a 12-month high of GBX 94.40 ($1.19). The business has a 50 day moving average of GBX 73.53 and a 200-day moving average of GBX 77.13.

NextEnergy Solar Fund Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, December 30th. Stockholders of record on Thursday, November 14th will be paid a dividend of GBX 2.11 ($0.03) per share. This represents a dividend yield of 2.91%. The ex-dividend date of this dividend 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 (DPR) is currently 10,000.00%.

NextEnergy Solar Fund Company Profile

(Get Free Report)

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.