3i Infrastructure Plc Announces Dividend Of Gbx 633

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3i Infrastructure plc (LON:3IN) Announces Dividend of GBX 6.33
3i Infrastructure plc (LON:3IN) Announces Dividend of GBX 6.33 from

3i Infrastructure plc Announces Dividend of GBX 6.33

3i Infrastructure plc (LON:3IN), a leading infrastructure investment company, has announced a final dividend of GBX 6.33 per share for the year ended 31 March 2023.

The dividend will be paid on 29 September 2023 to shareholders on the register as of 9 September 2023. The ex-dividend date is 8 September 2023.

The dividend announcement comes as 3i Infrastructure plc reports a strong financial performance for the year ended 31 March 2023. The company's net asset value per share increased by 10.1% to 323p.

3i Infrastructure plc's investment portfolio performed well during the year, with the company's investments in renewable energy, telecommunications, and transportation infrastructure generating strong returns.

The company's dividend policy is to distribute 80% of its annual earnings to shareholders. The dividend announced today is in line with this policy and reflects the company's commitment to returning cash to shareholders.

3i Infrastructure plc's shares have performed well in recent years, outperforming the FTSE 100 index. The company's shares are currently trading at around 320p, giving the company a market capitalization of approximately £5.2 billion.

The dividend announcement is a positive sign for 3i Infrastructure plc's shareholders and indicates that the company is confident in its future prospects.