Bluefield Solar Income Fund (LON:BSIF) Reaches New 12-Month Low – Here’s What Happened

by · The Cerbat Gem

Bluefield Solar Income Fund (LON:BSIF – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as GBX 96.70 ($1.24) and last traded at GBX 96.70 ($1.24), with a volume of 2307794 shares traded. The stock had previously closed at GBX 98 ($1.26).

Bluefield Solar Income Fund Stock Down 1.3 %

The firm has a market cap of £584.76 million, a price-to-earnings ratio of 326.67 and a beta of 0.14. The company’s 50-day moving average price is GBX 105.62 and its 200-day moving average price is GBX 106.45.

Bluefield Solar Income Fund Announces Dividend

The firm also recently declared a dividend, which will be paid on Friday, November 15th. Stockholders of record on Thursday, October 10th will be given a dividend of GBX 2.20 ($0.03) per share. The ex-dividend date of this dividend is Thursday, October 10th. This represents a dividend yield of 2%. Bluefield Solar Income Fund’s dividend payout ratio is presently 3,000.00%.

Bluefield Solar Income Fund Company Profile

(Get Free Report)

Bluefield Solar Income Fund Ltd. is a close ended balanced mutual fund launched by Numis Securities Limited. The fund is managed by Bluefield Partners LLP. It invests the United Kingdom. The fund primarily invests in large-scale, long-life solar photovoltaic energy infrastructure assets with a focus on utility-scale assets and portfolios on greenfield, industrial and commercial sites through equity and/or debt instruments.

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