HICL Infrastructure PLC (LON:HICL) Insider Purchases £30,125 in Stock

HICL Infrastructure PLC (LON:HICL) insider Michael Bane bought 24,100 shares of the business’s stock in a transaction dated Monday, March 25th. The shares were bought at an average price of GBX 125 ($1.58) per share, with a total value of £30,125 ($38,070.26).

HICL Infrastructure Stock Up 0.5 %

HICL Infrastructure stock opened at GBX 126.40 ($1.60) on Friday. HICL Infrastructure PLC has a twelve month low of GBX 111 ($1.40) and a twelve month high of GBX 158.64 ($2.00). The stock has a market cap of £2.57 billion, a P/E ratio of 1,264.00 and a beta of 0.28. The company’s 50-day moving average price is GBX 125.17 and its two-hundred day moving average price is GBX 127.82.

HICL Infrastructure Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were issued a dividend of GBX 2.06 ($0.03) per share. The ex-dividend date was Thursday, February 29th. This represents a yield of 1.69%. HICL Infrastructure’s payout ratio is currently 8,000.00%.

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.