Ian Brown Purchases 46,116 Shares of GCP Infrastructure Investments Limited (LON:GCP) Stock

GCP Infrastructure Investments Limited (LON:GCP) insider Ian Brown bought 46,116 shares of the company’s stock in a transaction on Wednesday, February 19th. The shares were acquired at an average cost of GBX 76 ($0.96) per share, for a total transaction of £35,048.16 ($44,280.68).

GCP Infrastructure Investments Stock Performance

Shares of LON:GCP opened at GBX 75.50 ($0.95) on Friday. The stock has a market capitalization of £677.63 million, a price-to-earnings ratio of 43.45 and a beta of 0.34. GCP Infrastructure Investments Limited has a 1-year low of GBX 67.80 ($0.86) and a 1-year high of GBX 85 ($1.07). The company’s fifty day moving average is GBX 71.86 and its two-hundred day moving average is GBX 74.60.

GCP Infrastructure Investments (LON:GCP) last issued its earnings results on Thursday, December 12th. The company reported GBX 7.09 ($0.09) earnings per share for the quarter. GCP Infrastructure Investments had a net margin of 20.96% and a return on equity of 1.63%. Sell-side analysts expect that GCP Infrastructure Investments Limited will post 8.2955771 EPS for the current fiscal year.

GCP Infrastructure Investments Dividend Announcement

The firm also recently announced a dividend, which will be paid on Tuesday, March 11th. Shareholders of record on Thursday, February 6th will be issued a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date of this dividend is Thursday, February 6th. This represents a dividend yield of 2.46%. GCP Infrastructure Investments’s dividend payout ratio (DPR) is 402.87%.

GCP Infrastructure Investments Company Profile

GCP Infrastructure Investment Limited (GCP Infra) is a Jersey-incorporated, closed ended investment company whose shares are traded on the main market of the London Stock Exchange. Its objective is to provide shareholders with regular, sustained distributions and to preserve capital over the long term by generating exposure primarily to UK infrastructure debt and related and/or similar assets which provide regular and predictable long term cashflows.