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. Shareholders of record on Thursday, March 27th will be given a dividend of GBX 11.50 ($0.15) per share on Tuesday, April 1st. This represents a yield of 3.22%. The ex-dividend date of this dividend 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 Price Performance

Shares of LON 3IN opened at GBX 315.50 ($4.08) on Tuesday. The company has a 50 day moving average of GBX 317.27 and a 200 day moving average of GBX 324.58. The company has a quick ratio of 0.57, a current ratio of 0.85 and a debt-to-equity ratio of 15.26. 3i Infrastructure has a twelve month low of GBX 303 ($3.92) and a twelve month high of GBX 360 ($4.65). The firm has a market cap of £2.91 billion, a P/E ratio of 830.26 and a beta of 0.50.

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.