HICL Infrastructure PLC (LON:HICL) invests in infrastructure that is essential and generates long term stable cashflows, Harry Seekings, the trust’s manager, tells Proactive.
Now with a portfolio worth about £3bn, the dividend has risen for twelve years running and HICL has already forecast further increases this year and next.
“We are a buy and hold long-term investor,” he says.
HICL has close connections with all of its projects and investee companies and has directors on the board of many.
“It’s a very proactive and responsive approach.”
Based on this year’s forecast the yield is about 5% underpinned by a very strong performance from the portfolio.