3i Group plc (LON:III) Announces Dividend of GBX 20
3i Group plc (LON:III) declared a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Investors of record on Thursday, June 13th will be paid a dividend of GBX 20 ($0.26) per share on Friday, July 19th. This represents a yield of 1.89%. The ex-dividend date of this dividend is Thursday, June 13th. This is an increase from 3i Group’s previous dividend of $15.00. The official announcement can be viewed at this link.
Shares of III stock opened at GBX 1,069.50 ($13.97) on Wednesday. The stock has a market capitalization of $10.29 billion and a P/E ratio of 6.83. 3i Group has a 52-week low of GBX 10.47 ($0.14) and a 52-week high of GBX 1,093.50 ($14.29). The company has a debt-to-equity ratio of 7.62, a quick ratio of 7.81 and a current ratio of 8.01.
Separately, Numis Securities boosted their target price on 3i Group from GBX 1,265 ($16.53) to GBX 1,360 ($17.77) and gave the stock a “buy” rating in a research report on Tuesday, May 28th.
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3i Group Company Profile
3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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