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Infrastructure Dividend Split Corp. Launches At-the-Market Equity Program

Story Highlights
  • Infrastructure Dividend Split Corp. offers a diversified portfolio in the infrastructure sector.
  • The company launches an equity program to issue shares and support investment objectives.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Infrastructure Dividend Split Corp. Launches At-the-Market Equity Program

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International Clean Power Dividend Fund ( (TSE:IS) ) has shared an announcement.

Infrastructure Dividend Split Corp. has launched an at-the-market equity program allowing the issuance of Class A and Preferred Shares through the Toronto Stock Exchange, with a maximum gross proceeds target of $75 million for each share class. This initiative is intended to support the company’s investment objectives and strategies, enhancing its position in the infrastructure sector and providing stakeholders with opportunities for capital appreciation and cash distributions.

More about International Clean Power Dividend Fund

Infrastructure Dividend Split Corp. is a company focused on providing investors with a diversified, actively managed portfolio of dividend-paying issuers in the infrastructure sector. This includes industries such as regulated utilities, energy infrastructure, renewables and clean technology, transportation and logistics, digital infrastructure/communications, and real estate. The company aims to offer both capital appreciation and cash distributions to its shareholders.

Average Trading Volume: 4,079

Technical Sentiment Signal: Buy

Current Market Cap: C$77.7M

See more data about IS stock on TipRanks’ Stock Analysis page.

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