Polaris Renewable Energy (OTCMKTS:RAMPF) Shares Down 2.9%

Polaris Renewable Energy Inc. (OTCMKTS:RAMPFGet Free Report) shares were down 2.9% during trading on Friday . The company traded as low as $9.50 and last traded at $9.50. Approximately 350 shares traded hands during mid-day trading, a decline of 79% from the average daily volume of 1,688 shares. The stock had previously closed at $9.78.

Polaris Renewable Energy Price Performance

The stock’s 50-day moving average is $9.07 and its 200 day moving average is $9.21.

Polaris Renewable Energy Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 24th. Investors of record on Monday, May 13th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 6.32%. The ex-dividend date was Friday, May 10th.

About Polaris Renewable Energy

(Get Free Report)

Polaris Renewable Energy Inc engages in the acquisition, exploration, development, and operation of renewable energy projects in Latin America. It operates 82 megawatts (MW) net geothermal facility in Nicaragua; and 3 run-of-river hydroelectric facilities in Peru, with combined capacity of approximately 33 MW; a 25 MW solar plant facility in the Dominican Republic; a 6 MW run-of-river hydroelectric facility in Ecuador; and a 10 MW solar plant in Panama.

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