Gore Street Energy Storage Fund (LON:GSF) Plans GBX 1 Dividend

Gore Street Energy Storage Fund (LON:GSF) declared a dividend on Tuesday, March 11th, DividendData.Co.Uk reports. Investors of record on Thursday, March 20th will be paid a dividend of GBX 1 ($0.01) per share on Friday, April 11th. This represents a yield of 1.92%. The ex-dividend date of this dividend is Thursday, March 20th. The official announcement can be accessed at this link.

Gore Street Energy Storage Fund Price Performance

GSF stock traded up GBX 0.90 ($0.01) during midday trading on Tuesday, reaching GBX 52.30 ($0.68). 4,008,904 shares of the company were exchanged, compared to its average volume of 1,498,945. The business has a 50-day moving average price of GBX 47.67 and a two-hundred day moving average price of GBX 52.08. Gore Street Energy Storage Fund has a one year low of GBX 42.40 ($0.55) and a one year high of GBX 70.60 ($0.92). The firm has a market capitalization of £269.57 million, a price-to-earnings ratio of -45.20 and a beta of 0.31.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “house stock” rating on shares of Gore Street Energy Storage Fund in a research report on Tuesday, March 11th.

About Gore Street Energy Storage Fund

Launched in 2018, Gore Street Energy Storage Fund plc is London’s first listed energy storage fund. The Company is the only UK-listed energy storage fund with a diversified operational portfolio located across four grids. It is listed on the Premium Segment of the London Stock Exchange and included in the FTSE All-Share Index.