Infratil signals cautious new investment approach, announces 2nd special dividend

Mon, 18 May 2015

By Pattrick Smellie May 19 (BusinessDesk) - Infrastructure portfolio investor Infratil is to make a second special dividend payment to shareholders as it anticipates less capital investment in the year ahead and high prices for potential acquisitions make the company cautious. The announcement came with Infratil's profit results for the year to March 31, which showed a net parent surplus of $384 million for the year, compared with $199 million the previous year, largely reflecting the combined impacts of divestments, mainly Australian ene...

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