International Public Par... Dividends - INPP

International Public Par... Dividends - INPP

Trade Now

Capital at risk Advertisement
Stock Name Stock Symbol Market Stock Type
International Public Partnerships Ld INPP London Ordinary Share
  Price Change Price Change % Stock Price Last Trade
-0.80 -0.47% 168.00 12:30:22
Open Price Low Price High Price Close Price Previous Close
168.80 168.00 168.80 168.80
more quote information »
Industry Sector
EQUITY INVESTMENT INSTRUMENTS

International Public Par... INPP Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount
24/03/2022InterimGBX3.7731/12/202031/12/202107/04/202208/04/202207/06/20227.55
09/09/2021InterimGBX3.7831/12/202031/12/202116/09/202117/09/202117/11/20210
25/03/2021FinalGBX3.6831/12/201931/12/202008/04/202109/04/202104/06/20217.36
10/09/2020InterimGBX3.6831/12/201931/12/202017/09/202018/09/202013/11/20200
09/04/2020FinalGBX3.5931/12/201831/12/201923/04/202024/04/202019/06/20207.18
06/09/2019InterimGBX3.5931/12/201831/12/201919/09/201920/09/201907/11/20190
28/03/2019FinalGBX3.531/12/201731/12/201811/04/201912/04/201910/06/20197
06/09/2018InterimGBX3.531/12/201731/12/201820/09/201821/09/201808/11/20180
21/03/2018FinalGBX3.4131/12/201631/12/201726/04/201827/04/201815/06/20186.82
07/09/2017InterimGBX3.4131/12/201631/12/201728/09/201729/09/201709/11/20170
30/03/2017FinalGBX3.3231/12/201531/12/201620/04/201721/04/201707/06/20176.65
01/09/2016InterimGBX3.32531/12/201531/12/201622/09/201623/09/201603/11/20160
24/03/2016FinalGBX3.2331/12/201431/12/201514/04/201615/04/201627/05/20166.45
27/08/2015InterimGBX3.2231/12/201431/12/201517/09/201518/09/201530/10/20150
26/03/2015FinalGBX3.1531/12/201331/12/201423/04/201524/04/201509/06/20156.3
28/08/2014InterimGBX3.1531/12/201331/12/201417/09/201419/09/201424/10/20140
27/03/2014FinalGBX3.0831/12/201231/12/201323/04/201425/04/201413/06/20146.15
29/08/2013InterimGBX3.0731/12/201231/12/201311/09/201313/09/201323/10/20130
28/03/2013FinalGBX331/12/201131/12/201224/04/201326/04/201314/06/20136
30/08/2012InterimGBX331/12/201131/12/201212/09/201214/09/201219/10/20120
19/04/2012FinalGBX2.9331/12/201031/12/201125/04/201227/04/201215/06/20125.85
30/08/2011InterimGBX2.9231/12/201031/12/201114/09/201116/09/201128/10/20110
09/03/2011FinalGBX2.8531/12/200931/12/201016/03/201118/03/201106/05/20115.7
24/08/2010InterimGBX2.8531/12/200931/12/201001/09/201003/09/201015/10/20100
08/04/2010FinalGBX2.77531/12/200831/12/200917/03/201019/03/201006/05/20105.55
26/08/2009InterimGBX2.7830/12/200830/06/200909/09/200911/09/200909/10/20090
30/03/2009FinalGBX2.731/12/200731/12/200825/03/200927/03/200913/05/20095.4
01/09/2008InterimGBX2.730/12/200730/06/200803/09/200805/09/200803/10/20080
31/03/2008FinalGBX2.6231/12/200631/12/200712/03/200814/03/200802/05/20085.97
22/08/2007InterimGBX3.3530/12/200630/06/200726/09/200728/09/200726/10/20070

Top Dividend Posts

DateSubject
29/4/2022
07:27
rik shaw: hTtps://uk.advfn.com/stock-market/london/international-public-par-INPP/share-news/International-Public-Partnerships-Result-of-Initia/87951373 The Initial Issue was oversubscribed several times over, with support from both new and existing investors. In light of this significant demand the Board has elected to increase the size of the Initial Issue from the initial target amount of GBP250 million to the maximum New Shares available under the Initial Issue, raising gross proceeds of GBP325 million. Notwithstanding this the demand was such that investors not benefiting from pre-emptive rights have been scaled back
28/4/2022
13:20
williamcooper104: Also mature, close to end of life PFI projects have large debt amortisation payments that reduce the dividend cash cover but don't effect real dividend coverage So HICLs divi coverage is (from memory/last I looked at) not much different from INPP Main difference with HICL is that they have moved into more demand type assets - eg toll roads - which are about 20 percent of their assets - these have more sensitivity to the economic cycle, but benefit from higher returns
28/4/2022
13:17
williamcooper104: Agree with most of that The inflation protection is stronger than for most commercial property Dividend yield cover is not relevant - or rather looking at one years cash cover isn't relevant The normal project finance metric of Asset Life cover ratio eg the remaining project cashflows discounted back and then adjusted for management fees relative to the dividend is the more relevant ratio Eg if the discount rate is 6 percent and management fees are 1 percent and the dividend yield is 4.5 percent then your cover is 5/4.5
28/4/2022
11:47
pyufak: This is a repost of my comments / thinking on another site. I decided to buy this week just above 160 as I didn’t want to take allocation risk. Hoping for a strong result announced tomorrow. Previous post: INPP is raising funds at 159.5p - closes EoD 27th April; results 29th April. After watching HICL and this name for a while I decided to take the plunge today and bought as part of my income holdings. Here’s a few points why; I would be interested if others have any views on this name they wished to share. hxxps://www.internationalpublicpartners ... aft_vf.pdf 1. Slide 5 & 7: Dividend is x1.1 covered; expected to grow at ~2.5% for both ‘22 and ‘23. This is better than HICL which is uncovered and static projection at the moment. 2. Slide 30 - discount trends - while discount rates have dropped by ~1% over the past decade, 30y interest rates (which I think is the appropriate metric given the asset base and matched fixed rate financing) have dropped substantially more. As such the relative constitution of the discount rate is a higher credit proportion vs. interest rate throughout the past decade. Therefore arguably as interest rates rise the existing discount rate has room to rebalance to a more historical mix of interest rate + credit proportions rather than head materially higher outright. 3. Slide 31, 32 & 33 - the key slides which got me across the line to buy the dip caused by this fund raising. This looks at the impact of inflation on their portfolio. Frankly their assumptions are way off what we look set to experience in ‘22 and ‘23. They assume central banks hit their long run inflation targets (2.5% in U.K. - their most important geography. That’s a fair enough assumption but what interests me is the portfolio impact of higher inflation when inflation overshoots - +1.8p if 200bp above (so 4.5%). Given it looks like the U.K. may have ‘22 inflation closer to 8 or 9% this could add almost 5.4p to the NAV; and more the longer inflation persists. Putting this together I like the balance the investment brings - in that the portfolio appears to have a degree of inflation protection should higher inflation become entrenched or persistent. Conversely, if central banks react significantly on short term interest rates to bring inflation back to target I would argue 30y discount rates will be unchanged as if anything this would strengthen their inflation taming credibility.
27/4/2022
12:39
ec2: I will leave this right down to the wire before I make my final decision. Following the HICL price very closely as IMO this gives a cleaner indication of how INPP would be performing if there was no offer taking place.
08/4/2022
07:35
rik shaw: Fund raising htTps://uk.advfn.com/stock-market/london/international-public-par-INPP/share-news/International-Public-Partnerships-Issue-of-Equity/87789057
24/3/2022
07:44
rik shaw: Annual results and dividend declaration; hTtps://uk.advfn.com/stock-market/london/international-public-par-INPP/share-news/International-Public-Partnerships-Full-Year-Result/87640179 hTtps://uk.advfn.com/stock-market/london/international-public-par-INPP/share-news/International-Public-Partnerships-2021-Second-Half/87640342 2023 target dividend of 7.93p
09/4/2020
08:13
rik shaw: Solid results today. Dividend last year 7.16p. Target 2020 and 2021 full-year dividends of 7.36 and 7.55.
21/7/2019
15:54
apollocreed1: The share price is on the way up again. There's no official news but the likelihood of Corbyn gaining a majority in any future election has decreased so I've noticed that a few fund managers have built up stakes in INPP - e.g. It's the largest position in FP Foresight UK Infrastructure Income fund. So I decided to come out at 157.20p. At a 7.33% premium, I think the downside risks have increased.
15/5/2019
15:47
apollocreed1: Anyone have any idea why INPP shares have fallen so much today? 157.94 GBX −5.46 (3.34%) 15 May, 15:45 BST
ADVFN Advertorial
Your Recent History
LSE
INPP
Internatio..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

Log in to ADVFN
Register Now

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20220817 12:28:19