NextEnergy Solar Fund (NESF) Reaches New 52-Week High at $120.50

NextEnergy Solar Fund Ltd (LON:NESF) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as GBX 120.50 ($1.57) and last traded at GBX 120 ($1.57), with a volume of 187056 shares traded. The stock had previously closed at GBX 120.50 ($1.57).

The company has a market capitalization of $692.26 million and a PE ratio of 20.17.

The firm also recently declared a dividend, which will be paid on Friday, June 28th. Investors of record on Thursday, May 23rd will be paid a GBX 1.66 ($0.02) dividend. The ex-dividend date is Thursday, May 23rd. This represents a dividend yield of 1.4%. NextEnergy Solar Fund’s payout ratio is 1.19%.

In other NextEnergy Solar Fund news, insider Susan Inglis purchased 50,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 16th. The stock was bought at an average cost of GBX 120 ($1.57) per share, for a total transaction of £60,000 ($78,400.63).

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About NextEnergy Solar Fund (LON:NESF)

NextEnergy Solar Fund Limited is a closed-ended investment company. The Company’s principal activities and investment objectives are to provide investors with a sustainable and attractive dividend that increases in line with retail price index over the long-term by investing in a portfolio of solar photovoltaic (PV) assets that are located in the United Kingdom.

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