3i Infrastructure trust returns 14.7% over last year

Macroeconomic environment

3i Infrastructure trust has revealed a 14.7% return throughout the last year, crediting a strong market macroeconomic environment for infrastructure.

In the trust's annual results up to 31 March 2023, released today (10 May), it said it had delivered its 2023 dividend target of 11.15p per share and would be increasing its target dividend to 11.90p for the next year. In the 16 years since the trust made its initial public offering, it has delivered a total shareholder return of 11.7% annually. 'Akin to raising the Titanic': Painful tenure for Schroder UK Public Private sparks doubts over its future The trust credited its strong performance over the last year to a "structural shift in the macroeconomic environment", as inflati...