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

HICL Infrastructure PLC (LON:HICL) insider Michael Bane bought 45,000 shares of HICL Infrastructure stock in a transaction dated Friday, December 20th. The shares were bought 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 0.2 %

HICL Infrastructure stock opened at GBX 114.60 ($1.44) on Tuesday. The business’s 50 day simple moving average is GBX 121.56 and its 200 day simple moving average is GBX 125.03. HICL Infrastructure PLC has a 12 month low of GBX 112.60 ($1.41) and a 12 month high of GBX 140.40 ($1.76). The company has a market cap of £2.31 billion, a price-to-earnings ratio of 5,730.00 and a beta of 0.30.

HICL Infrastructure Dividend Announcement

The company also recently declared a dividend, which will be paid on Tuesday, December 31st. Stockholders of record on Thursday, November 21st will be given 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 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.