3i Infrastructure plc (LON:3IN) Plans Dividend of GBX 6.33

3i Infrastructure plc (LON:3IN) declared a dividend on Tuesday, November 12th,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, November 21st will be paid a dividend of GBX 6.33 ($0.08) per share on Monday, January 13th. This represents a dividend yield of 1.88%. The ex-dividend date is Thursday, November 21st. This is an increase from 3i Infrastructure’s previous dividend of $5.95. The official announcement can be viewed at this link.

3i Infrastructure Stock Down 1.9 %

Shares of LON 3IN traded down GBX 6.40 ($0.08) on Wednesday, reaching GBX 332.10 ($4.27). 448,374 shares of the company’s stock traded hands, compared to its average volume of 1,021,406. 3i Infrastructure has a 12 month low of GBX 304 ($3.91) and a 12 month high of GBX 360 ($4.63). The business’s 50 day simple moving average is GBX 335.08 and its two-hundred day simple moving average is GBX 335.40. The company has a market cap of £3.06 billion, a price-to-earnings ratio of 871.05 and a beta of 0.50. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26.

Insider Buying and Selling at 3i Infrastructure

In other news, insider Martin Magee purchased 3,000 shares of 3i Infrastructure stock in a transaction that occurred on Tuesday, November 12th. The stock was bought at an average price of GBX 336 ($4.32) per share, with a total value of £10,080 ($12,971.30). Insiders own 0.01% of the company’s stock.

About 3i Infrastructure

3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.