HICL Infrastructure PLC (LON:HICL) Plans Dividend of GBX 2.06

HICL Infrastructure PLC (LON:HICL) announced a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, July 25th will be given a dividend of GBX 2.06 ($0.03) per share on Monday, September 30th. This represents a dividend yield of 1.65%. The ex-dividend date is Thursday, July 25th. The official announcement can be viewed at this link.

HICL Infrastructure Price Performance

Shares of LON:HICL opened at GBX 126.80 ($1.64) on Tuesday. The business’s 50 day moving average price is GBX 124.13 and its 200-day moving average price is GBX 125.30. HICL Infrastructure has a 1 year low of GBX 111 ($1.44) and a 1 year high of GBX 141 ($1.82). The firm has a market capitalization of £2.57 billion, a price-to-earnings ratio of 1,272.00 and a beta of 0.28.

Insiders Place Their Bets

In related news, insider Michael Bane bought 20,500 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was acquired at an average price of GBX 123 ($1.59) per share, with a total value of £25,215 ($32,611.23). 0.18% of the stock is currently owned by company insiders.

About HICL Infrastructure

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.