Polaris Renewable Energy (OTCMKTS:RAMPF) Trading 1.4% Higher – Here’s Why

Polaris Renewable Energy Inc. (OTCMKTS:RAMPF) traded up 1.4% during trading on Tuesday . The stock traded as high as $9.21 and last traded at $9.21. 751 shares were traded during mid-day trading, a decline of 50% from the average session volume of 1,499 shares. The stock had previously closed at $9.08.

Polaris Renewable Energy Trading Down 1.9 %

The stock has a fifty day simple moving average of $9.10 and a two-hundred day simple moving average of $9.18.

Polaris Renewable Energy Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 22nd. Investors of record on Monday, November 11th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Friday, November 8th. This represents a $0.60 annualized dividend and a yield of 6.64%.

About Polaris Renewable Energy

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.