Michael Bane Acquires 45,000 Shares of HICL Infrastructure PLC (LON:HICL) Stock

HICL Infrastructure PLC (LON:HICL) insider Michael Bane purchased 45,000 shares of the stock in a transaction that occurred on Friday, December 20th. The stock was purchased at an average cost of GBX 115 ($1.44) per share, with a total value of £51,750 ($64,874.01).

HICL Infrastructure Trading Up 1.4 %

HICL stock opened at GBX 116.20 ($1.46) on Wednesday. The firm has a market cap of £2.35 billion, a PE ratio of 5,810.00 and a beta of 0.30. HICL Infrastructure PLC has a 1 year low of GBX 112.60 ($1.41) and a 1 year high of GBX 140.40 ($1.76). The company has a fifty day simple moving average of GBX 121.01 and a 200 day simple moving average of GBX 124.90.

HICL Infrastructure Dividend Announcement

The firm also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st will be issued a dividend of GBX 2.06 ($0.03) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.72%. HICL Infrastructure’s dividend payout ratio (DPR) is presently 40,000.00%.

HICL Infrastructure Company Profile

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.