International Public Partnerships (LON:INPP) Declares Dividend Increase – GBX 8.92 Per Share

International Public Partnerships (LON:INPP) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, May 15th will be paid a dividend of GBX 8.92 ($0.11) per share on Tuesday, May 20th. This represents a dividend yield of 1.09%. The ex-dividend date is Thursday, May 15th. This is a 113.4% increase from International Public Partnerships’s previous dividend of $4.18. The official announcement can be viewed at this link.

International Public Partnerships Trading Up 0.4 %

Shares of INPP opened at GBX 109.08 ($1.40) on Thursday. International Public Partnerships has a twelve month low of GBX 107.80 ($1.39) and a twelve month high of GBX 134.20 ($1.73). The company’s fifty day simple moving average is GBX 113.49 and its 200-day simple moving average is GBX 120.90. The company has a market cap of £2.05 billion, a P/E ratio of 47.06 and a beta of 0.31.

Insider Buying and Selling

In related news, insider John Le Poidevin purchased 86,972 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were purchased at an average cost of GBX 114 ($1.47) per share, for a total transaction of £99,148.08 ($127,652.99). 0.14% of the stock is currently owned by corporate insiders.

International Public Partnerships Company Profile

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.