International Public Partnerships (LON:INPP) Posts Earnings Results

International Public Partnerships (LON:INPP) posted its quarterly earnings data on Friday. The company reported GBX 2 ($0.03) EPS for the quarter, Digital Look Earnings reports. International Public Partnerships had a net margin of 52.68% and a return on equity of 1.54%.

International Public Partnerships Stock Performance

International Public Partnerships stock opened at GBX 110.50 ($1.43) on Friday. International Public Partnerships has a fifty-two week low of GBX 107.80 ($1.40) and a fifty-two week high of GBX 134.20 ($1.74). The company has a market cap of £2.07 billion, a PE ratio of 47.67 and a beta of 0.31. The business’s 50-day simple moving average is GBX 113.35 and its two-hundred day simple moving average is GBX 120.82.

International Public Partnerships Increases Dividend

The company also recently declared a dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Thursday, May 15th will be given a dividend of GBX 8.92 ($0.12) per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a yield of 1.09%. This is a boost from International Public Partnerships’s previous dividend of $4.18. International Public Partnerships’s payout ratio is currently 345.14%.

Insider Buying and Selling

In other International Public Partnerships news, insider John Le Poidevin acquired 86,972 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were purchased at an average price of GBX 114 ($1.48) per share, for a total transaction of £99,148.08 ($128,363.65). Corporate insiders own 0.14% of the company’s stock.

About International Public Partnerships

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.