HICL Infrastructure PLC (LON:HICL) Insider Acquires £11,520.70 in Stock

HICL Infrastructure PLC (LON:HICL) insider Rita Akushie acquired 10,018 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average price of GBX 115 ($1.45) per share, for a total transaction of £11,520.70 ($14,480.52).

HICL Infrastructure Price Performance

Shares of LON:HICL traded down GBX 0.85 ($0.01) during midday trading on Monday, reaching GBX 113.55 ($1.43). 46,627,363 shares of the company’s stock were exchanged, compared to its average volume of 4,351,459. The firm’s 50 day simple moving average is GBX 121.56 and its two-hundred day simple moving average is GBX 125.03. HICL Infrastructure PLC has a fifty-two week low of GBX 112.60 ($1.42) and a fifty-two week high of GBX 140.40 ($1.76). The stock has a market cap of £2.29 billion, a price-to-earnings ratio of 5,677.45 and a beta of 0.30.

HICL Infrastructure Announces Dividend

The company also recently announced a dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Thursday, November 21st will be given a GBX 2.06 ($0.03) dividend. This represents a yield of 1.72%. The ex-dividend date is Thursday, November 21st. HICL Infrastructure’s payout ratio is 40,000.00%.

HICL Infrastructure Company Profile

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.