3i Infrastructure (3IN)

Sector:

Financials

Index:

FTSE 250

317.50p
   
  • Change Today:
      5.00p
  • 52 Week High: 324.50p
  • 52 Week Low: 284.00p
  • Currency: UK Pounds
  • Shares Issued: 891.43m
  • Volume: 490,704
  • Market Cap: £2,830.30m

3i Infrastructure portfolio delivers 'good level of income' in Q1

By Iain Gilbert

Date: Thursday 08 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Infrastructure investment company 3i Infrastructure said on Thursday that its "strong diverse portfolio" had delivered a "good level of income" throughout the first quarter.
3i Infrastructure said its portfolio continued "to show resilience" despite the ongoing effects of the Covid-19 pandemic, with all of its businesses remaining "well-funded".

Total income and non-income cash was £22.0m in the period, in line with expectations, with the group sitting on a cash balance of £287.0m as of 30 June.

The AIM-listed firm added that it was now tracking towards a full-year dividend target of 10.45p per share - up 6.6% year-on-year.

Phil White, a managing partner of 3i's investment manager, said: "The portfolio continues to show resilience, despite the current market conditions, and to provide a solid level of income.

"We have a good pipeline of potential investment opportunities across our target markets and have liquidity to invest, though we continue to be patient and selective in what are still very competitive market dynamics."

As of 0910 BST, 3i shares were down 0.20% at 308.89p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

3IN Market Data

Currency UK Pounds
Share Price 317.50p
Change Today 5.00p
% Change 1.60 %
52 Week High 324.50p
52 Week Low 284.00p
Volume 490,704
Shares Issued 891.43m
Market Cap £2,830.30m

3IN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.03% above the market average78.03% above the market average78.03% above the market average78.03% above the market average78.03% above the market average
59.12% above the sector average59.12% above the sector average59.12% above the sector average59.12% above the sector average59.12% above the sector average
Price Trend
1.26% below the market average1.26% below the market average1.26% below the market average1.26% below the market average1.26% below the market average
8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average8.33% below the sector average
Income
49.07% above the market average49.07% above the market average49.07% above the market average49.07% above the market average49.07% above the market average
24.68% above the sector average24.68% above the sector average24.68% above the sector average24.68% above the sector average24.68% above the sector average
Growth
66.75% below the market average66.75% below the market average66.75% below the market average66.75% below the market average66.75% below the market average
87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average87.1% below the sector average

3IN Dividends

  Latest Previous
  Final Interim
Ex-Div 17-Jun-21 26-Nov-20
Paid 12-Jul-21 11-Jan-21
Amount 4.90p 4.90p

Trades for 21-Sep-2021

Time Volume / Share Price
16:35 75,284 @ 317.50p
16:29 88 @ 316.50p
16:29 912 @ 316.50p
16:28 546 @ 316.50p
16:28 122 @ 316.50p

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