HA Sustainable Infrastructure Capital, Inc. (NYSE:HASI – Get Free Report) declared a quarterly dividend on Thursday, August 6th. Investors of record on Friday, October 2nd will be given a dividend of 0.425 per share by the real estate investment trust on Friday, October 16th. This represents a c) annualized dividend and a dividend yield of 4.4%. The ex-dividend date is Friday, October 2nd.
HA Sustainable Infrastructure Capital has raised its dividend by an average of 0.0%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. HA Sustainable Infrastructure Capital has a dividend payout ratio of 58.2% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect HA Sustainable Infrastructure Capital to earn $3.04 per share next year, which means the company should continue to be able to cover its $1.70 annual dividend with an expected future payout ratio of 55.9%.
HA Sustainable Infrastructure Capital Price Performance
Shares of NYSE:HASI opened at $38.40 on Friday. The company has a market cap of $4.93 billion, a price-to-earnings ratio of 109.72, a PEG ratio of 1.13 and a beta of 1.43. The business has a 50 day moving average price of $38.53 and a 200 day moving average price of $38.18. The company has a quick ratio of 12.10, a current ratio of 12.10 and a debt-to-equity ratio of 2.12. HA Sustainable Infrastructure Capital has a twelve month low of $24.38 and a twelve month high of $44.13.
About HA Sustainable Infrastructure Capital
Hannon Armstrong Sustainable Infrastructure Capital, Inc (NYSE: HASI) is a publicly traded real estate investment trust specializing in financing and investing in climate change solutions. Founded in 1988 and headquartered in Annapolis, Maryland, the company provides debt and equity capital to sustainable infrastructure projects across North America. Its mission is to support energy efficiency, renewable energy generation and resilient infrastructure, helping public and private sector clients reduce carbon emissions and achieve long-term environmental goals.
Hannon Armstrong’s core business activities include originating and structuring loans, acquiring debt and equity interests, and managing a diversified portfolio of projects in sectors such as solar energy, wind power, energy storage, green buildings, and sustainable agriculture.
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