Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Octopus Renewables Infrastructure Trust has announced an interim dividend of 1.50 pence per share for Q3 2024, aligning with its annual dividend target of 6.02 pence per share, which reflects a 4% increase from the previous year. This marks the third consecutive year of dividend increases in line with inflation, showcasing the company’s commitment to delivering sustainable income to its investors through its renewable energy assets. With its diversified portfolio across Europe and Australia, ORIT continues to drive the energy transition while promising attractive returns for shareholders.
For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.