HICL Infrastructure PLC (LON:HICL) Plans Dividend of GBX 2.06

HICL Infrastructure PLC (LON:HICL) declared a dividend on Wednesday, July 17th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, July 25th will be given a dividend of GBX 2.06 ($0.03) per share on Monday, September 30th. This represents a yield of 1.65%. The ex-dividend date is Thursday, July 25th. The official announcement can be seen at this link.

HICL Infrastructure Trading Down 1.8 %

LON HICL opened at GBX 124.52 ($1.61) on Wednesday. The business’s 50 day moving average is GBX 124.20 and its two-hundred day moving average is GBX 125.22. HICL Infrastructure has a 12-month low of GBX 111 ($1.44) and a 12-month high of GBX 141 ($1.82). The stock has a market capitalization of £2.53 billion, a price-to-earnings ratio of 1,268.00 and a beta of 0.28.

Insiders Place Their Bets

In other news, insider Michael Bane purchased 20,500 shares of the stock in a transaction that occurred on Friday, May 24th. The shares were acquired at an average price of GBX 123 ($1.59) per share, for a total transaction of £25,215 ($32,611.23). 0.18% of the stock is currently owned by insiders.

About HICL Infrastructure

HICL Infrastructure PLC specializes in direct and fund of funds investments. For direct investments, it seeks to invest in infrastructure projects. It invests in project companies which have not yet completed the construction phases of their concessions including project companies which are in the process of bidding for project concessions.