Greencoat Renewables (LON:GRP) Shares Up 0.6%

Greencoat Renewables (LON:GRP)’s share price rose 0.6% on Tuesday . The stock traded as high as GBX 0.88 ($0.01) and last traded at GBX 0.88 ($0.01). Approximately 36,351 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 445,547 shares. The stock had previously closed at GBX 0.88 ($0.01).

Greencoat Renewables Price Performance

The company has a debt-to-equity ratio of 65.97, a current ratio of 0.25 and a quick ratio of 15.30. The firm has a market cap of £10.08 million, a price-to-earnings ratio of 6.80 and a beta of 0.03. The stock’s fifty day moving average price is GBX 0.87 and its 200-day moving average price is GBX 0.89.

Greencoat Renewables Increases Dividend

The company also recently announced a dividend, which was paid on Friday, May 24th. Shareholders of record on Thursday, May 2nd were paid a dividend of €0.02 ($0.02) per share. This is an increase from Greencoat Renewables’s previous dividend of $0.02. This represents a yield of 1.96%. The ex-dividend date of this dividend was Thursday, May 2nd. Greencoat Renewables’s payout ratio is 4,615.38%.

About Greencoat Renewables

Greencoat Renewables PLC invests in, acquires, operates, and manages wind farms in France, Finland, Sweden, and Spain. As of December 31, 2021, the company operated 25 wind farms with an aggregate generating capacity of 800 megawatts. It also invests in solar generation assets. The company was incorporated in 2017 and is based in Dublin, Ireland.