HICL Infrastructure PLC (LON:HICL) Insider Michael Bane Purchases 45,000 Shares

HICL Infrastructure PLC (LON:HICL) insider Michael Bane acquired 45,000 shares of the firm’s stock in a transaction dated Friday, December 20th. The shares were purchased at an average cost of GBX 115 ($1.44) per share, with a total value of £51,750 ($64,906.56).

HICL Infrastructure Price Performance

LON:HICL opened at GBX 116.20 ($1.46) on Thursday. HICL Infrastructure PLC has a 12 month low of GBX 112.60 ($1.41) and a 12 month high of GBX 140.40 ($1.76). The firm has a market capitalization of £2.35 billion, a PE ratio of 5,810.00 and a beta of 0.30. The business’s fifty day moving average price is GBX 120.75 and its 200 day moving average price is GBX 124.84.

HICL Infrastructure Dividend Announcement

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

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.