NextEnergy Solar Fund Limited (LON:NESF) Increases Dividend to GBX 2.11 Per Share

NextEnergy Solar Fund Limited (LON:NESF) declared a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, November 14th will be given a dividend of GBX 2.11 ($0.03) per share on Monday, December 30th. This represents a dividend yield of 2.91%. The ex-dividend date is Thursday, November 14th. This is a positive change from NextEnergy Solar Fund’s previous dividend of $2.10. The official announcement can be accessed at this link.

NextEnergy Solar Fund Stock Performance

Shares of NESF opened at GBX 73.49 ($0.96) on Thursday. The company has a 50-day simple moving average of GBX 78.06 and a 200-day simple moving average of GBX 77.92. 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 company has a market capitalization of £434.16 million, a PE ratio of 906.25, a P/E/G ratio of 1.17 and a beta of 0.29. NextEnergy Solar Fund has a 52-week low of GBX 70.30 ($0.92) and a 52-week high of GBX 94.40 ($1.23).

About NextEnergy Solar Fund

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.