SDCL Energy Efficiency Income Trust (LON:SEIT) Trading 0.7% Higher – Time to Buy?

Shares of SDCL Energy Efficiency Income Trust Plc (LON:SEIT) shot up 0.7% during mid-day trading on Friday . The company traded as high as GBX 57.40 ($0.75) and last traded at GBX 56.80 ($0.74). 654,544 shares were traded during mid-day trading, a decline of 66% from the average session volume of 1,903,612 shares. The stock had previously closed at GBX 56.40 ($0.73).

SDCL Energy Efficiency Income Trust Trading Up 0.7 %

The firm has a 50-day moving average of GBX 61.17 and a 200 day moving average of GBX 63.05. The stock has a market capitalization of £619.12 million, a price-to-earnings ratio of -568.00 and a beta of 0.48.

SDCL Energy Efficiency Income Trust Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Stockholders of record on Thursday, September 12th were issued a dividend of GBX 1.58 ($0.02) per share. This represents a dividend yield of 2.59%. This is a positive change from SDCL Energy Efficiency Income Trust’s previous dividend of $1.56. The ex-dividend date of this dividend was Thursday, September 12th. SDCL Energy Efficiency Income Trust’s dividend payout ratio (DPR) is -6,000.00%.

About SDCL Energy Efficiency Income Trust

SDCL Energy Efficiency Income Trust PLC invests in energy efficiency projects. The company was incorporated in 2018 and is based in London, United Kingdom.