Shares of 3i Infrastructure plc (LON:3IN) reached a new 52-week high on Wednesday . The stock traded as high as GBX 210.90 ($2.84) and last traded at GBX 202.40 ($2.72), with a volume of 1665444 shares changing hands. The stock had previously closed at GBX 202.40 ($2.72).

Separately, Royal Bank of Canada reissued an “outperform” rating on shares of 3i Infrastructure in a research report on Thursday.

The business also recently declared a dividend, which will be paid on Monday, January 8th. Stockholders of record on Thursday, November 23rd will be given a GBX 3.93 ($0.05) dividend. This is a boost from 3i Infrastructure’s previous dividend of $3.78. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Thursday, November 23rd.

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3i Infrastructure Company Profile

3i Infrastructure plc is a closed-ended investment company that invests in infrastructure businesses and assets. The Company’s objective is to provide shareholders with a sustainable total return of 8% to 10% per annum, to be achieved over the medium term, with a progressive annual dividend per share.

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