Greencoat UK Wind PLC (UKW) Insider Tim Ingram Purchases 25,598 Shares of Stock

Greencoat UK Wind PLC (LON:UKW) insider Tim Ingram purchased 25,598 shares of the business’s stock in a transaction dated Friday, October 27th. The shares were acquired at an average price of GBX 117 ($1.54) per share, with a total value of £29,949.66 ($39,521.85).

Greencoat UK Wind PLC (LON:UKW) opened at 120.40 on Tuesday. The company has a 50 day moving average price of GBX 1.06 and a 200-day moving average price of GBX 1.07. Greencoat UK Wind PLC has a 52 week low of GBX 1.00 and a 52 week high of GBX 126.70.

The company also recently declared a dividend, which will be paid on Friday, November 24th. Investors of record on Thursday, November 2nd will be issued a dividend of GBX 1.62 ($0.02) per share. The ex-dividend date is Thursday, November 2nd. This represents a yield of 1.36%.

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A number of brokerages have recently commented on UKW. Royal Bank Of Canada assumed coverage on Greencoat UK Wind PLC in a research note on Monday, September 4th. They issued an “outperform” rating for the company. Macquarie upgraded Greencoat UK Wind PLC to an “outperform” rating and upped their target price for the company from GBX 112 ($1.48) to GBX 133 ($1.76) in a research note on Wednesday, July 5th.

About Greencoat UK Wind PLC

Greencoat UK Wind PLC is a renewable infrastructure fund that invests in operating the United Kingdom wind farms. The Company’s investment objective is to provide investors with an annual dividend that increases in line with retail price index (RPI) inflation while preserving the capital value of its investment portfolio in the long term on a real basis through reinvestment of excess cash flow and the prudent use of portfolio gearing.

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