HICL Infrastructure (LON:HICL) Sets New 12-Month Low – Here’s Why

HICL Infrastructure PLC (LON:HICL)’s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 114.20 ($1.43) and last traded at GBX 114.20 ($1.43), with a volume of 4602672 shares trading hands. The stock had previously closed at GBX 117.60 ($1.47).

HICL Infrastructure Stock Up 0.1 %

The firm has a market capitalization of £2.30 billion, a PE ratio of 5,686.50 and a beta of 0.30. The company has a 50-day moving average of GBX 121.88 and a 200 day moving average of GBX 125.05.

HICL Infrastructure Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Tuesday, December 31st. Investors of record on Thursday, November 21st will be given a GBX 2.06 ($0.03) dividend. This represents a dividend yield of 1.72%. The ex-dividend date is Thursday, November 21st. HICL Infrastructure’s dividend payout ratio (DPR) is 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.