HICL Infrastructure (LON:HICL) Share Price Passes Above 50-Day Moving Average of $162.49

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Shares of HICL Infrastructure PLC (LON:HICL) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $162.49 and traded as high as $165.80. HICL Infrastructure shares last traded at $164.00, with a volume of 1,384,416 shares.

The business’s fifty day simple moving average is GBX 162.49 and its 200 day simple moving average is GBX 139.09. The stock has a market cap of $2.91 billion and a price-to-earnings ratio of 12.77.

The firm also recently announced a dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 5th will be issued a dividend of GBX 2.06 ($0.03) per share. This represents a yield of 1.3%. This is a boost from HICL Infrastructure’s previous dividend of $2.02. The ex-dividend date of this dividend is Thursday, September 5th. HICL Infrastructure’s dividend payout ratio (DPR) is presently 0.63%.

About HICL Infrastructure (LON:HICL)

HICL Infrastructure Company Limited 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.

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