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HICL Infrastructure PLC's proactive approach is key to long-term cashflows says manager

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.

Quick facts: HICL Infrastructure Company Limited

Price: 170.6 GBX

LSE:HICL
Market: LSE
Market Cap: £3.3 billion
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