Kepler Capital Markets upgraded shares of 3i Group (OTCMKTS:TGOPY - Free Report) to a hold rating in a research note published on Tuesday,Zacks.com reports.
3i Group Price Performance
Shares of 3i Group stock traded down $0.44 during trading hours on Tuesday, reaching $28.60. 185,631 shares of the company's stock were exchanged, compared to its average volume of 180,946. The business has a fifty day moving average of $28.29 and a two-hundred day moving average of $25.95. 3i Group has a 1 year low of $18.40 and a 1 year high of $29.98.
3i Group Increases Dividend
The firm also recently disclosed a dividend, which will be paid on Monday, August 11th. Shareholders of record on Monday, June 23rd will be issued a $0.2298 dividend. This is an increase from 3i Group's previous dividend of $0.15. The ex-dividend date is Friday, June 20th. This represents a yield of 1.34%.
3i Group Company Profile
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3i Group plc is a private equity firm specializing in mature companies, growth capital, middle markets, infrastructure, and management leveraged buyouts and buy-ins. The firm also provides infrastructure financing and debt management. For debt management, it invests in senior and mezzanine corporate debt in typically large and private companies in United Kingdom, Europe, Asia, and North America.
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