GCP Infra Announces Dividend Amid Asset Value Decline
Company Announcements

GCP Infra Announces Dividend Amid Asset Value Decline

GCP Infra Invt Shs GBP (GB:GCP) has released an update.

GCP Infrastructure Investments Ltd reported a slight dip in its net asset value per share to 105.22 pence as of 30 September 2024, while continuing with its asset recycling program aimed at repaying borrowings and returning capital to shareholders. The company, known for its defensive and stable income-generating portfolio, announced a dividend of 1.75 pence per share for the quarter. Despite the NAV decrease, GCP Infra’s portfolio performance remains in line with expectations, offering investors attractive exposure to infrastructure debt with long-term, inflation-protected income.

For further insights into GB:GCP stock, check out TipRanks’ Stock Analysis page.

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