Foresight Solar (LON:FSFL) Announces Dividend of GBX 2

Foresight Solar (LON:FSFL) declared a dividend on Tuesday, February 18th, DividendData.Co.Uk reports. Investors of record on Thursday, April 24th will be paid a dividend of GBX 2 ($0.03) per share on Friday, May 23rd. This represents a yield of 2.45%. The ex-dividend date is Thursday, April 24th. The official announcement can be accessed at this link.

Foresight Solar Stock Performance

Shares of FSFL opened at GBX 82.50 ($1.10) on Tuesday. Foresight Solar has a 52-week low of GBX 68 ($0.91) and a 52-week high of GBX 95.20 ($1.27). The company has a quick ratio of 121.68, a current ratio of 1.84 and a debt-to-equity ratio of 0.03. The firm has a market cap of £467.28 million, a price-to-earnings ratio of 74.27 and a beta of 0.27. The business’s 50 day moving average is GBX 78.22 and its two-hundred day moving average is GBX 78.62.

Foresight Solar (LON:FSFL) last released its earnings results on Thursday, March 20th. The company reported GBX 0.52 ($0.01) earnings per share for the quarter. Foresight Solar had a net margin of 44.44% and a return on equity of 0.94%. Analysts forecast that Foresight Solar will post 2.0674521 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group restated a “buy” rating on shares of Foresight Solar in a research note on Tuesday, February 18th.

Foresight Solar Company Profile

Foresight Solar Fund Limited (“FSFL”) is a Jersey-registered, closed-end investment company investing in a diversified portfolio of ground-based solar PV and battery storage assets in the UK and internationally. The Company aims to deliver sustainable investment returns alongside strong environmental, social and governance (“ESG”) benefits.