Financial Performance

Key financial and investment performance data for HICL, including its dividend history, is set out below.

Information, data and other materials presented on this website prepared and / or published before 1 April 2019 are the responsibility of HICL Infrastructure Company Limited and presented by HICL Infrastructure PLC for information only and for which HICL Infrastructure PLC accepts no liability.

Financial & Investment Highlights  
    FYE 31 March
        20181 20171 2016 2015  2014 
Total Income £m     161.7 207.6 182.9 253.6 175.7
Profit Before Tax £m     122.1 177.1 157.4 231.0 153.8
Earnings p / share     6.9 12.4 11.9 18.6 13.1
                 
Portfolio Valuation (at end of period) £m     2,8365 2,380.0 2,030.3 1,732.2 1,500.6
                 
Ongoing Charge Percentage %     1.08 1.06 1.12 1.14 1.15
                 
No. of Investments (at end of period) #     116 114 1042 101 93
Investments (in the period) £m     473.0 266.6 242.1 221.4 239.2
Divestments (in the period) £m     - - 8.9 108.3 9.2
Equity Raised (net of costs) £m     265.8 369.7 176.8 75.1 107.7

NAV & Share Price Performance

       
      IPO to 2018 FYE 31 March
      (p.a.)3 2018 2017 2016 2015 2014
NAV (at end of period, cum dividend) p / share   - 149.6 149.0 142.2 136.7 126.7
NAV (at end of period, ex. dividend) p / share   - 147.6 147.1 140.3 134.8 123.1
TSR Return (NAV + dividends) %   9.3 5.7 10.3 9.6 15.4 11.9
                 
Market Capitalisation £m   - 2,432 2,743 2,212 1,984 1,641
Share Price (at end of period) p / share   - 135.9 169.0 159.3 156.5 135.9
                 
Prospective Yield4 %   - 5.9 4.6 4.8 4.8 5.4
Dividend History      
      FYE 31 March
      2019 2018 2017 2016 2015 2014 2013 2012
Q1 Dividend (paid 30 September5)   p / share 2.010 1.960 1.910 1.860 1.810 - - -
Q2 Dividend (paid 31 December5)   p / share 2.010 1.960 1.910 1.860 1.810 - - -
Q3 Dividend (paid 31 March5)   p / share 2.010 1.960 1.910 1.860 1.810 - - -
Q4 Dividend (paid 30 June5)   p / share - 1.970 1.920 1.870 1.870 - - -
                     
H1 Dividend (paid 31 December5)7   p / share - - - - - 3.500 3.425 3.350
H2 Dividend (paid 30 June5)7   p / share - - - - - 3.600 3.575 3.500
                     
Aggregate   p / share 8.056 7.85 7.65 7.45 7.30 7.10 7.00 6.85

 

Source: HICL / Thomson Reuters

  1. FYE 2017 and 2018 presented on an Investment Basis to be consistent with presentation of financial statements from FYE 2013 onwards
  2. Includes one conditional investment
  3. 'IPO to 2018' provides the IPO to 31 March 2018 annualised TSR figures on a NAV- and share price-basis; in each instance, HICL has outperformed its long-term target for shareholders of 7-8% p.a.
  4. Prospective yield calculated as the target dividend for the new financial year divided by the share price on the respective 31 March date
  5. Or earlier if not a business day
  6. Target dividend for current financial year
  7. In the financial year commencing 1 April 2014, HICL moved from paying dividends on a semi-annual to a quarterly basis