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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.