Cordiant Digital Infrastructure (LON:CORD) Hits New 1-Year High Following Dividend Announcement

Cordiant Digital Infrastructure (LON:CORD)’s stock price hit a new 52-week high on Wednesday after the company announced a dividend. The company traded as high as GBX 90 ($1.14) and last traded at GBX 89.88 ($1.14), with a volume of 953099 shares. The stock had previously closed at GBX 85 ($1.08).

The newly announced dividend which will be paid on Friday, December 20th. Investors of record on Thursday, December 5th will be issued a GBX 2.10 ($0.03) dividend. This represents a dividend yield of 2.47%. The ex-dividend date of this dividend is Thursday, December 5th. Cordiant Digital Infrastructure’s dividend payout ratio is currently 4,000.00%.

Cordiant Digital Infrastructure Trading Up 6.1 %

The company has a market capitalization of £690.68 million, a P/E ratio of 902.00 and a beta of 0.67. The business has a fifty day moving average of GBX 86.36 and a 200-day moving average of GBX 78.99. The company has a debt-to-equity ratio of 17.12, a quick ratio of 141.92 and a current ratio of 0.48.

Cordiant Digital Infrastructure Company Profile

Cordiant Digital Infrastructure Limited is an infrastructure investment fund specializes in investments in buy & build, capital expenditure and bolt-on acquisitions and digital infrastructure assets in the middle-market. It focuses on investing in companies operating in data and cloud centers, mobile telecommunications/ broadcast towers, distributed sensor networks and fibre-optic network assets businesses.