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

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

HICL Infrastructure Stock Up 1.4 %

Shares of LON HICL opened at GBX 116.20 ($1.46) on Wednesday. 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 £2.35 billion, a price-to-earnings ratio of 5,810.00 and a beta of 0.30. The business 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 company 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 is currently 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.