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ORIT Announces Dividend Increase Aligned with Inflation
Company Announcements

ORIT Announces Dividend Increase Aligned with Inflation

Octopus Renewables Infrastructure Trust Plc (GB:ORIT) has released an update.

Octopus Renewables Infrastructure Trust plc announced an interim dividend of 1.50 pence per share for Q1 2024, payable on May 31 to registered shareholders as of May 17. Continuing a commitment to a progressive dividend policy, the company has set a dividend target for 2024 that represents a 4.0% increase aligned with the CPI inflation rate, marking the third year of increases. The announcement underscores ORIT’s focus on sustainable income through investment in diversified renewable energy assets in Europe and Australia.

For further insights into GB:ORIT stock, check out TipRanks’ Stock Analysis page.

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