3i Infrastructure PLC (LON:3IN) announced a dividend on Thursday, November 7th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, November 28th will be given a dividend of GBX 4.60 ($0.06) per share on Monday, January 13th. This represents a yield of 1.58%. The ex-dividend date of this dividend is Thursday, November 28th. This is a boost from 3i Infrastructure’s previous dividend of $4.33. The official announcement can be seen at this link.
3IN opened at GBX 294 ($3.84) on Tuesday. The firm’s fifty day moving average is GBX 288.64 and its two-hundred day moving average is GBX 276.34. The company has a debt-to-equity ratio of 9.73, a quick ratio of 0.03 and a current ratio of 0.04. The firm has a market cap of $2.62 billion and a PE ratio of 11.35. 3i Infrastructure has a twelve month low of GBX 2.30 ($0.03) and a twelve month high of GBX 302 ($3.95).
Separately, Jefferies Financial Group upgraded shares of 3i Infrastructure to a “hold” rating in a report on Wednesday, October 23rd.
3i Infrastructure plc is a closed-ended investment company that invests in infrastructure businesses and assets. The Company’s objective is to provide shareholders with a sustainable total return of 8% to 10% per annum, to be achieved over the medium term, with a progressive annual dividend per share.
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