HICL Infrastructure PLC (HICL) to Issue Dividend of GBX 2.06 on June 30th

HICL Infrastructure PLC (LON:HICLGet Rating) declared a dividend on Wednesday, May 18th, Upcoming.Co.Uk reports. Investors of record on Thursday, May 26th will be paid a dividend of GBX 2.06 ($0.03) per share on Thursday, June 30th. This represents a yield of 1.16%. The ex-dividend date is Thursday, May 26th. The official announcement can be seen at this link.

Shares of HICL stock opened at GBX 178.06 ($2.24) on Tuesday. HICL Infrastructure has a 1-year low of GBX 160.60 ($2.02) and a 1-year high of GBX 184.98 ($2.33). The stock’s fifty day moving average price is GBX 176.26 and its 200 day moving average price is GBX 173.92. The company has a market cap of £3.45 billion and a price-to-earnings ratio of 18.37.

Separately, Royal Bank of Canada restated an “outperform” rating and set a GBX 195 ($2.45) target price on shares of HICL Infrastructure in a research note on Thursday, March 24th.

HICL Infrastructure Company Profile (Get Rating)

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

Dividend History for HICL Infrastructure (LON:HICL)

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