3i Infrastructure (3IN) Reaches New 1-Year High at $215.00

3i Infrastructure PLC (LON:3IN) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 215 ($2.92) and last traded at GBX 214.50 ($2.91), with a volume of 578020 shares trading hands. The stock had previously closed at GBX 214.50 ($2.91).

Separately, Royal Bank of Canada reiterated an “outperform” rating on shares of 3i Infrastructure in a report on Thursday, December 14th.

The firm has a market capitalization of $2,180.00 and a PE ratio of 1,119.79.

The company also recently disclosed a dividend, which was paid on Monday, January 8th. Investors of record on Thursday, November 23rd were given a dividend of GBX 3.93 ($0.05) per share. This is a boost from 3i Infrastructure’s previous dividend of $3.78. The ex-dividend date of this dividend was Thursday, November 23rd. This represents a yield of 1.96%.

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3i Infrastructure Company Profile

3i Infrastructure plc is a closed-ended investment company that invests in infrastructure businesses and assets. The Company’s objective is to provide shareholders with a sustainable total return of 8% to 10% per annum, to be achieved over the medium term, with a progressive annual dividend per share.

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