3i Infrastructure plc (LON:3IN) Plans Dividend Increase – GBX 11.50 Per Share

3i Infrastructure plc (LON:3IN) announced a dividend on Tuesday, March 25th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, March 27th will be paid a dividend of GBX 11.50 ($0.15) per share on Tuesday, April 1st. This represents a dividend yield of 3.22%. The ex-dividend date is Thursday, March 27th. This is a 81.8% increase from 3i Infrastructure’s previous dividend of $6.33. The official announcement can be viewed at this link.

3i Infrastructure Trading Up 1.0 %

Shares of LON 3IN traded up GBX 3 ($0.04) during midday trading on Tuesday, reaching GBX 315 ($4.07). 500,596 shares of the stock were exchanged, compared to its average volume of 1,218,553. 3i Infrastructure has a 12 month low of GBX 303 ($3.92) and a 12 month high of GBX 360 ($4.65). The company has a market capitalization of £2.91 billion, a price-to-earnings ratio of 828.95 and a beta of 0.50. The company has a debt-to-equity ratio of 15.26, a current ratio of 0.85 and a quick ratio of 0.57. The business has a 50-day simple moving average of GBX 317.27 and a two-hundred day simple moving average of GBX 324.58.

About 3i Infrastructure

3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, an approved UK Investment Trust, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company’s purpose is to deliver a long-term sustainable return to shareholders from investing in infrastructure.

3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Manager to 3i Infrastructure plc.