SDCL Energy Efficiency Income Trust (LON:SEIT) Trading 0.7% Higher – Here’s Why

SDCL Energy Efficiency Income Trust Plc (LON:SEIT)’s share price traded up 0.7% during mid-day trading on Friday . The stock traded as high as GBX 57.40 ($0.75) and last traded at GBX 56.80 ($0.74). 654,544 shares traded hands 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 Stock Performance

The business’s 50 day moving average price is GBX 61.17 and its 200-day moving average price is GBX 63.02. The company has a market cap 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. Investors of record on Thursday, September 12th were given a GBX 1.58 ($0.02) dividend. This represents a yield of 2.59%. The ex-dividend date was Thursday, September 12th. This is a positive change from SDCL Energy Efficiency Income Trust’s previous dividend of $1.56. SDCL Energy Efficiency Income Trust’s dividend payout ratio 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.