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  
    Year Ending 31 March
        2019 2018 2017 2016 2015
Total Income £m     324.1 161.7 207.6 182.9 253.6
Profit Before Tax £m     285.7 122.1 177.1 157.4 231.0
Earnings p / share     15.9 6.9 12.4 11.9 18.6
                 
Portfolio Valuation (at end of period) £m     2,998.9 2,836.5 2,380.0 2,030.3 1,732.2
                 
Ongoing Charge Percentage %     1.08 1.08 1.06 1.12 1.14
                 
No. of Investments (at end of period) #     118 116 114 1041 101
Investments (in the period) £m     94.0 473.0 266.6 242.1 221.4
Divestments (in the period) £m     148.0 - - 8.9 108.3
Equity Raised (net of costs) £m     2.4 265.8 369.7 176.8 75.1

NAV & Share Price Performance

       
      IPO to 2019 Year Ending 31 March
      (p.a.)2 2019 2018 2017 2016 2015
NAV (at end of period, cum dividend) p / share   - 157.5 149.6 149.0 142.2 136.7
NAV (at end of period, ex. dividend) p / share   - 155.5 147.6 147.1 140.3 134.8
TSR Return (NAV + dividends) %   9.4 10.8 5.7 10.3 9.6 15.4
                 
Market Capitalisation £m   - 2,792 2,432 2,743 2,212 1,984
Share Price (at end of period) p / share   - 155.9 135.9 169.0 159.3 156.5
                 
Prospective Yield3 %   - 5.3 5.9 4.6 4.8 4.8
Dividend History      
      Year Ending 31 March
      2020 2019 2018 2017 2016 2015 2014 2013
Q1 Dividend (paid 30 September4)   p / share - 2.010 1.960 1.910 1.860 1.810 - -
Q2 Dividend (paid 31 December4)   p / share - 2.010 1.960 1.910 1.860 1.810 - -
Q3 Dividend (paid 31 March4)   p / share - 2.010 1.960 1.910 1.860 1.810 - -
Q4 Dividend (paid 30 June4)   p / share - 2.020 1.970 1.920 1.870 1.870 - -
                     
H1 Dividend (paid 31 December4)5   p / share - - - - - - 3.500 3.425
H2 Dividend (paid 30 June4)5   p / share - - - - - - 3.600 3.575
                     
Aggregate   p / share   8.05 7.85 7.65 7.45 7.30 7.10 7.00

 

Source: HICL / Thomson Reuters

 

  1. Includes one conditional investment
  2. 'IPO to 2019' provides the IPO to 31 March 2019 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.
  3. Prospective yield calculated as the target dividend for the new financial year divided by the share price on the respective 31 March date
  4. Or earlier if not a business day
  5. In the financial year commencing 1 April 2014, HICL moved from paying dividends on a semi-annual to a quarterly basis