International Public Partnerships (INPP) to Issue Dividend of GBX 8.92 on May 20th

International Public Partnerships (LON:INPP) declared a dividend on Thursday, March 27th, Upcoming Dividends.Co.Uk reports. Investors of record on Thursday, May 15th will be given a dividend of GBX 8.92 ($0.12) per share on Tuesday, May 20th. This represents a yield of 1.09%. The ex-dividend date of this dividend is Thursday, May 15th. This is a 113.4% increase from International Public Partnerships’s previous dividend of $4.18. The official announcement can be seen at this link.

International Public Partnerships Stock Performance

Shares of INPP stock opened at GBX 111.40 ($1.44) on Friday. The stock has a fifty day simple moving average of GBX 113.27 and a two-hundred day simple moving average of GBX 120.67. The firm has a market capitalization of £2.09 billion, a PE ratio of 48.06 and a beta of 0.31. International Public Partnerships has a 52-week low of GBX 107.80 ($1.40) and a 52-week high of GBX 134.20 ($1.74).

International Public Partnerships (LON:INPP) last released its quarterly earnings results on Friday, March 28th. The company reported GBX 2 ($0.03) EPS for the quarter. International Public Partnerships had a return on equity of 1.54% and a net margin of 52.68%. On average, sell-side analysts forecast that International Public Partnerships will post 1060.0000297 EPS for the current fiscal year.

Insider Activity at International Public Partnerships

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

About International Public Partnerships

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.