International Public Partnerships (LON:INPP) Posts Earnings Results

International Public Partnerships (LON:INPP) issued its earnings results on Friday. The company reported GBX 2 ($0.03) earnings per share (EPS) for the quarter, Digital Look Earnings reports. International Public Partnerships had a net margin of 52.68% and a return on equity of 1.54%.

International Public Partnerships Trading Up 2.0 %

International Public Partnerships stock opened at GBX 111.40 ($1.44) on Friday. The firm has a market cap of £2.09 billion, a PE ratio of 48.06 and a beta of 0.31. The stock’s 50 day simple moving average is GBX 113.27 and its two-hundred day simple moving average is GBX 120.60. International Public Partnerships has a 12 month low of GBX 107.80 ($1.40) and a 12 month high of GBX 134.20 ($1.74).

International Public Partnerships Increases Dividend

The business also recently declared a dividend, which will be paid on Tuesday, May 20th. Investors of record on Thursday, May 15th will be given a dividend of GBX 8.92 ($0.12) per share. This is a boost from International Public Partnerships’s previous dividend of $4.18. This represents a yield of 1.09%. The ex-dividend date is Thursday, May 15th. International Public Partnerships’s dividend payout ratio (DPR) is currently 345.14%.

Insider Buying and Selling at International Public Partnerships

In related news, insider John Le Poidevin purchased 86,972 shares of the company’s stock in a transaction that occurred on Tuesday, February 4th. The shares were purchased at an average price of GBX 114 ($1.48) per share, with a total value of £99,148.08 ($128,330.42). 0.14% of the stock is owned by corporate insiders.

International Public Partnerships Company Profile

INPP is a global infrastructure fund that invests in high-quality infrastructure projects and businesses that are sustainable over the long-term. INPP aims to provide our investors with stable, long-term, inflation-linked returns, based on growing dividends and the potential for capital appreciation.