Share Prices & Company Research

Market News

27 Jan 2021 | 07:50

3i Infrastructure on track to meet FY dividend target

(Sharecast News) - 3i Infrastructure said it was on track to meet its annual dividend target as third quarter income fell in line with expectations.

The infrastructure investor reported £24m in income and non-income cash for the three months to December 31, in line with expectations, and down from £44m a year ago.

It added that it was on track to meet its full-year dividend target of 9.8p a share, up 6.5% year on year.

"We continued to retain liquidity at portfolio company level during the period, which reduced dividend income and non-income cash compared to last year," the company said.

"Overall our portfolio continues to perform in line with our expectations," the company said.

"Most of the companies have performed well, continuing to meet or exceed our expectations, notwithstanding the uncertain operating and economic conditions arising from the effects of the pandemic," it added.





Get in touch today
Join Redmayne Bentley
Talk to us now about opening a new account or transferring your account from another provider
0113 243 6941
Get in touch today
Contact your local office
Contact your local office to find out more
The value of your investments and the income from them may go down as well as up, and you could get back less than you invested.
Continuing our Personal Service: View our Latest COVID-19 Update: 14th May 2021
We use cookies on this site to improve your experience and help us provide you with a better website. An explanation of the cookies we use and their purpose can be found within our Cookie Policy. Your continued use of this site means you consent to the use of cookies.