
3i Infrastructure (LON:3IN) said it delivered an 8.5% total return for the year, within its medium-term target range of 8% to 10%, after what executives described as an unusually active period for portfolio transactions.
Chair Richard said the company’s net asset value at the end of March was 405.2 pence per share, representing another year of growth despite a challenging market backdrop. He said the dividend for the year of 13.45 pence per share was fully covered by net income, and the company is targeting a dividend of 14.3 pence per share for the next year, an increase of 6.3%.