HICL Infrastructure (LON:HICL) Stock Crosses Below 200 Day Moving Average of $160.28

HICL Infrastructure PLC (LON:HICLGet Rating) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 160.28 ($1.99) and traded as low as GBX 139.41 ($1.73). HICL Infrastructure shares last traded at GBX 147.20 ($1.83), with a volume of 7,340,888 shares changing hands.

HICL Infrastructure Trading Down 0.3 %

The stock has a market cap of £2.89 billion, a P/E ratio of 838.82 and a beta of 0.21. The company has a 50-day moving average price of GBX 153.18 and a two-hundred day moving average price of GBX 160.16.

HICL Infrastructure Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, June 30th. Shareholders of record on Thursday, May 25th will be given a GBX 2.07 ($0.03) dividend. This represents a yield of 1.37%. The ex-dividend date of this dividend is Thursday, May 25th. This is an increase from HICL Infrastructure’s previous dividend of $2.06. HICL Infrastructure’s dividend payout ratio is 4,705.88%.

About HICL Infrastructure

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HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.

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