3i Group plc (III) Increases Dividend to GBX 20 Per Share
3i Group plc (LON:III) declared a dividend on Thursday, May 16th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 13th will be given a dividend of GBX 20 ($0.26) per share on Friday, July 19th. This represents a yield of 1.89%. The ex-dividend date is Thursday, June 13th. This is a positive change from 3i Group’s previous dividend of $15.00. The official announcement can be accessed at this link.
The company has a current ratio of 8.01, a quick ratio of 7.81 and a debt-to-equity ratio of 7.62. 3i Group has a twelve month low of GBX 7.44 ($0.10) and a twelve month high of GBX 1,093.50 ($14.29). The company has a market cap of $10.03 billion and a P/E ratio of 6.66.
Separately, Numis Securities reiterated a “buy” rating and set a GBX 1,195 ($15.61) price target on shares of 3i Group in a report on Tuesday, February 19th.
About 3i Group
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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