Octopus Renewables Infrastructure Trust PLC (ORIT) to Issue Dividend of GBX 1.25 on June 7th

Octopus Renewables Infrastructure Trust PLC (LON:ORIT) declared a dividend on Monday, May 10th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 20th will be paid a dividend of GBX 1.25 ($0.02) per share on Monday, June 7th. This represents a yield of 1.11%. The ex-dividend date is Thursday, May 20th. This is a boost from Octopus Renewables Infrastructure Trust’s previous dividend of $1.06. The official announcement can be seen at this link.

Shares of ORIT opened at GBX 111.15 ($1.45) on Tuesday. Octopus Renewables Infrastructure Trust has a 12 month low of GBX 100.40 ($1.31) and a 12 month high of GBX 120.99 ($1.58). The company has a 50-day moving average price of GBX 112.69 and a two-hundred day moving average price of GBX 112.06.

Further Reading: Cost of Equity

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