Foresight Group (LON:FSG) Shares Down 3.1%

Foresight Group Holdings Limited (LON:FSG) shares were down 3.1% on Thursday . The stock traded as low as GBX 465 ($5.86) and last traded at GBX 465 ($5.86). Approximately 46,684 shares traded hands during mid-day trading, a decline of 49% from the average daily volume of 90,864 shares. The stock had previously closed at GBX 480 ($6.05).

Foresight Group Stock Performance

The firm has a market capitalization of £540.66 million, a price-to-earnings ratio of 2,214.29 and a beta of 0.17. The business has a fifty day moving average price of GBX 457.41 and a 200 day moving average price of GBX 433.04.

Foresight Group Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 20th. Stockholders of record on Thursday, September 28th will be issued a dividend of GBX 15.50 ($0.20) per share. The ex-dividend date is Thursday, September 28th. This represents a dividend yield of 3.56%. Foresight Group’s payout ratio is 9,523.81%.

About Foresight Group

Foresight Group Holdings Limited operates as an infrastructure and private equity manager in the United Kingdom, Italy, Luxembourg, Ireland, Spain, and Australia. It operates through Infrastructure, Private Equity, and Foresight Capital Management segments. The company involved in the provision of the management of infrastructure assets, private equity investments, and open-ended investment companies for institutional and retail investors.