International Public Partnerships (LON:INPP) Releases Earnings Results

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

International Public Partnerships Stock Performance

Shares of LON:INPP traded up GBX 1.30 ($0.02) during trading on Friday, reaching GBX 110.50 ($1.43). 57,070,910 shares of the stock traded hands, compared to its average volume of 7,641,202. The stock has a market cap of £2.07 billion, a P/E ratio of 47.67 and a beta of 0.31. The stock has a 50-day moving average of GBX 113.35 and a two-hundred day moving average of GBX 120.82. 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 Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, May 20th. Shareholders of record on Thursday, May 15th will be issued a GBX 8.92 ($0.12) dividend. The ex-dividend date of this dividend is Thursday, May 15th. This is a boost from International Public Partnerships’s previous dividend of $4.18. This represents a yield of 1.09%. International Public Partnerships’s payout ratio is 345.14%.

Insider Activity at International Public Partnerships

In other International Public Partnerships news, insider John Le Poidevin bought 86,972 shares of the firm’s stock in a transaction on Tuesday, February 4th. The stock was acquired at an average price of GBX 114 ($1.48) per share, with a total value of £99,148.08 ($128,363.65). 0.14% of the stock is owned by 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.