3i Infrastructure (LON:3IN) Sets New 12-Month High After Dividend Announcement

3i Infrastructure plc (LON:3IN) reached a new 52-week high during trading on Thursday following a dividend announcement from the company. The company traded as high as GBX 348 ($4.37) and last traded at GBX 348 ($4.37), with a volume of 976382 shares trading hands. The stock had previously closed at GBX 339 ($4.26).

The newly announced dividend which will be paid on Friday, July 12th. Stockholders of record on Thursday, June 13th will be issued a dividend of GBX 5.95 ($0.07) per share. This represents a dividend yield of 1.76%. The ex-dividend date of this dividend is Thursday, June 13th. 3i Infrastructure’s dividend payout ratio is currently 3,243.24%.

3i Infrastructure Trading Up 2.7 %

The firm has a market capitalization of £3.21 billion, a PE ratio of 940.54 and a beta of 0.47. The company has a debt-to-equity ratio of 19.38, a current ratio of 0.39 and a quick ratio of 0.57. The company has a fifty day moving average of GBX 328.23 and a 200-day moving average of GBX 323.23.

3i Infrastructure Company Profile

3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.