Martin Magee Buys 3,000 Shares of 3i Infrastructure plc (LON:3IN) Stock

3i Infrastructure plc (LON:3IN) insider Martin Magee bought 3,000 shares of the stock in a transaction that occurred on Tuesday, November 12th. The shares were purchased at an average cost of GBX 336 ($4.32) per share, for a total transaction of £10,080 ($12,971.30).

3i Infrastructure Trading Up 0.6 %

Shares of LON:3IN opened at GBX 330.50 ($4.25) on Friday. The stock has a market capitalization of £3.05 billion, a price-to-earnings ratio of 869.74 and a beta of 0.50. 3i Infrastructure plc has a 1-year low of GBX 308 ($3.96) and a 1-year high of GBX 360 ($4.63). The company has a 50 day moving average price of GBX 334.84 and a 200 day moving average price of GBX 335.51. The company has a debt-to-equity ratio of 15.26, a quick ratio of 0.57 and a current ratio of 0.85.

3i Infrastructure Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, January 13th. Stockholders of record on Thursday, November 21st will be given a dividend of GBX 6.33 ($0.08) per share. The ex-dividend date of this dividend is Thursday, November 21st. This is a positive change from 3i Infrastructure’s previous dividend of $5.95. This represents a dividend yield of 1.88%. 3i Infrastructure’s payout ratio is 3,157.89%.

3i Infrastructure Company Profile

3i Infrastructure plc is an investment firm specializing in infrastructure investments. The firm invests in early stage assets, mature assets, middle markets, mid venture, acquisitions, and projects and privatizations undergoing a period of operational ramp-up. It may invest in junior or mezzanine debt in infrastructure businesses or assets.