3i Infrastructure plc (3IN) to Issue Dividend of GBX 11.50 on April 1st

3i Infrastructure plc (LON:3IN) declared a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 11.50 ($0.15) per share on Tuesday, April 1st. This represents a dividend yield of 3.22%. The ex-dividend date is Thursday, March 27th. This is a 81.8% increase from 3i Infrastructure’s previous dividend of $6.33. The official announcement can be seen at this link.

3i Infrastructure Stock Up 0.6 %

3i Infrastructure stock traded up GBX 2.01 ($0.03) during trading on Tuesday, reaching GBX 314.01 ($4.06). The stock had a trading volume of 510,627 shares, compared to its average volume of 1,218,723. 3i Infrastructure has a 52-week low of GBX 303 ($3.92) and a 52-week high of GBX 360 ($4.65). The business has a 50 day moving average price of GBX 317.27 and a 200 day moving average price of GBX 324.58. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26. The stock has a market cap of £2.90 billion, a PE ratio of 826.35 and a beta of 0.50.

About 3i Infrastructure

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.