3i Infrastructure plc (LON:3IN) Increases Dividend to GBX 11.50 Per Share

3i Infrastructure plc (LON:3IN) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Stockholders of record on Thursday, March 27th will be paid 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 of this dividend 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 Performance

Shares of LON 3IN traded up GBX 3.50 ($0.05) during trading hours on Tuesday, reaching GBX 315.50 ($4.08). The stock had a trading volume of 412,580 shares, compared to its average volume of 1,217,061. The company has a market cap of £2.91 billion, a price-to-earnings ratio of 830.26 and a beta of 0.50. 3i Infrastructure has a twelve month low of GBX 303 ($3.92) and a twelve month high of GBX 360 ($4.65). The business’s fifty day moving average is GBX 317.27 and its two-hundred day moving average is GBX 324.58. The company has a debt-to-equity ratio of 15.26, a current ratio of 0.85 and a quick ratio of 0.57.

3i Infrastructure Company Profile

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.