HICL Infrastructure (LON:HICL) Share Price Passes Above 50 Day Moving Average of $123.71

Shares of HICL Infrastructure PLC (LON:HICLGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 123.71 ($1.58) and traded as high as GBX 127.20 ($1.63). HICL Infrastructure shares last traded at GBX 124.60 ($1.60), with a volume of 2,522,290 shares.

HICL Infrastructure Stock Down 0.4 %

The company has a market cap of £2.52 billion, a P/E ratio of 1,240.93 and a beta of 0.28. The company has a fifty day moving average of GBX 123.71 and a 200 day moving average of GBX 126.13.

HICL Infrastructure Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Thursday, May 23rd were given a dividend of GBX 2.07 ($0.03) per share. The ex-dividend date was Thursday, May 23rd. This represents a dividend yield of 1.65%. This is a positive change from HICL Infrastructure’s previous dividend of $2.06. HICL Infrastructure’s dividend payout ratio is presently 8,000.00%.

Insider Buying and Selling

In other HICL Infrastructure news, insider Michael Bane acquired 20,500 shares of the business’s stock in a transaction dated Friday, May 24th. The stock was purchased at an average price of GBX 123 ($1.58) per share, with a total value of £25,215 ($32,297.94). 0.18% of the stock is currently owned by insiders.

HICL Infrastructure Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for HICL Infrastructure Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HICL Infrastructure and related companies with MarketBeat.com's FREE daily email newsletter.