StockMarketWire.com - 3i Infrastructure said Thursday its portfolio continued to perform in line with expectations, and added that it remains on track to deliver its target dividend amid a 'strong' level of income generated in the portfolio.

From the start of April to 30 June, total income and non-income cash was £23.7m and the undrawn balance of revolving credit facility was £233.6m.

Portfolio income rose to £22.2m in the period, from £20.8m in the same period last year.

The infrastructure investor confirmed it had acquired a 50% stake in Attero for €200m and, through Infinis, completed the £125m acquisition of Alkane Energy.

The infrastructure company confirmed a final dividend for fiscal 2018 of 3.925p per share.

'The Board is pleased with the performance over the period, and in particular the strong level of income from the portfolio. We are on track to deliver our FY19 target dividend of 8.65 pence per share,' said Richard Laing, Chairman of 3i Infrastructure.


At 8:53am: (LON:3IN) 3i Infrastructure Ltd share price was +1.3p at 228.25p



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