Bluefield Solar Income Fund (LON:BSIF) Reaches New 1-Year Low – What’s Next?

Bluefield Solar Income Fund (LON:BSIF) reached a new 52-week low 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 trading hands. The stock had previously closed at GBX 98 ($1.26).

Bluefield Solar Income Fund Trading Down 0.4 %

The stock has a market capitalization of £582.63 million, a PE ratio of 322.33 and a beta of 0.14. The stock has a 50 day moving average price of GBX 105.22 and a 200-day moving average price of GBX 106.36.

Bluefield Solar Income Fund Dividend Announcement

The company also recently declared a dividend, which will be paid on Friday, November 15th. Shareholders of record on Thursday, October 10th will be paid 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 currently 3,000.00%.

Insider Transactions at Bluefield Solar Income Fund

In other news, insider Glen Suarez acquired 10,000 shares of the firm’s stock in a transaction dated Thursday, November 14th. The shares were purchased at an average cost of GBX 98 ($1.26) per share, for a total transaction of £9,800 ($12,610.99). Company insiders own 5.42% of the company’s stock.

Bluefield Solar Income Fund Company Profile

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.