Bluefield Solar Income Fund (LON:BSIF) Issues Quarterly Earnings Results

Bluefield Solar Income Fund (LON:BSIF) announced its earnings results on Thursday. The company reported GBX 6.83 ($0.09) EPS for the quarter, Digital Look Earnings reports. Bluefield Solar Income Fund had a net margin of 129.55% and a negative return on equity of 1.19%.

Bluefield Solar Income Fund Stock Performance

BSIF stock traded up GBX 0.90 ($0.01) during trading on Thursday, reaching GBX 88 ($1.12). The company had a trading volume of 2,616,024 shares, compared to its average volume of 1,848,178. The company has a market cap of £523.46 million, a price-to-earnings ratio of -56.20 and a beta of 0.14. Bluefield Solar Income Fund has a twelve month low of GBX 80.50 ($1.02) and a twelve month high of GBX 112.40 ($1.43). The firm has a 50-day simple moving average of GBX 87.32 and a 200-day simple moving average of GBX 98.08.

Bluefield Solar Income Fund Dividend Announcement

The firm also recently declared a dividend, which will be paid on Friday, March 7th. Stockholders of record on Thursday, February 6th will be given a dividend of GBX 2.20 ($0.03) per share. This represents a dividend yield of 2.68%. The ex-dividend date is Thursday, February 6th. Bluefield Solar Income Fund’s payout ratio is presently -574.78%.

Bluefield Solar Income Fund Company Profile

Bluefield Solar Income Fund (BSIF) is an investment company focused on the acquisition and long-term management of a diversified portfolio of low carbon assets in the UK, with a primary focus on solar assets. The fund’s initial public offering (IPO) was in July 2013, making it the first investment company focused on solar PV to be listed on the London Stock Exchange (LSE).