Atlantica Yield PLC (ABY) to Issue Quarterly Dividend of $0.26 on September 15th

Atlantica Yield PLC (NASDAQ:ABY) declared a quarterly dividend on Friday, August 4th, Zacks reports. Stockholders of record on Thursday, August 31st will be given a dividend of 0.26 per share by the utilities provider on Friday, September 15th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 4.87%. The ex-dividend date is Tuesday, August 29th. This is an increase from Atlantica Yield PLC’s previous quarterly dividend of $0.25.

Atlantica Yield PLC (NASDAQ:ABY) opened at 21.36 on Monday. The stock has a market cap of $2.14 billion, a P/E ratio of 68.90 and a beta of 1.12. Atlantica Yield PLC has a 12-month low of $16.55 and a 12-month high of $22.87. The stock has a 50 day moving average price of $21.08 and a 200-day moving average price of $20.86.

ABY has been the subject of a number of recent analyst reports. TheStreet upgraded shares of Atlantica Yield PLC from a “d” rating to a “c-” rating in a report on Monday, June 12th. BidaskClub upgraded shares of Atlantica Yield PLC from a “sell” rating to a “hold” rating in a report on Tuesday, August 1st. ValuEngine upgraded shares of Atlantica Yield PLC from a “sell” rating to a “hold” rating in a report on Friday, June 2nd. Finally, Zacks Investment Research upgraded shares of Atlantica Yield PLC from a “sell” rating to a “hold” rating in a report on Tuesday, May 16th. Three investment analysts have rated the stock with a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $22.80.

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About Atlantica Yield PLC

Atlantica Yield plc, formerly Abengoa Yield plc, is a total return company. The Company owns, manages, and acquires renewable energy, conventional power, electric transmission lines and water assets, focused on North America (the United States and Mexico), South America (Peru, Chile, Brazil and Uruguay) and Europe, Middle East and Africa (Spain, Algeria and South Africa).