International PPL declares first dividend under new quarterly structure

(Sharecast News) - International Public Partnerships (INPP) declared its first interim dividend for 2025 on Friday, marking the start of a new quarterly payment structure aimed at providing investors with a more regular income stream. The FTSE 250 infrastructure investment company announced a dividend of 2.14p per share, with an ex-dividend date of 14 August, a record date of 15 August, and payment set for 15 September 2025.

It said the move to quarterly dividends was part of a wider portfolio optimisation strategy.

INPP said the change reflected its commitment to aligning its dividend policy with investor preferences for more frequent distributions, while maintaining full cash coverage of dividend payments.

The company reaffirmed its dividend targets for 2025 and 2026, which stood at 8.58p and 8.79p per share respectively.

INPP said it was still projecting a long-term annual dividend growth rate of around 2.5%, supported by the stable cash flows generated from its portfolio of infrastructure assets.

At 1240 BST, shares in International Public Partnerships were flat at 127.4p.

Reporting by Josh White for Sharecast.com.